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Showing 11 - 20 of 75 results for "South African"

UK drags Bravura performance

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... its profitability of more than 50%. The administration and management software provider announced that its UK and South African units have severely affected its December 2020 half-year results. In its UK operations, professional services work has declined ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... macro things, nothing has changed. The worst of the COVID-19 pandemic is behind us. Sure, there's the UK and South African variant outbreak - considered to be more highly infectious - but then again, there's now also the vaccine (slowly distributed ...

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
The South African wealth manager and banking group is exiting the Australian market after 20 years. The company said the move is not a reflection of performance of the Australian business or employees, but a "strategic exit" to focus on its core markets ...

Mixed results at Bjelke-Peterson estate sale

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... protests by declaring a state of emergency in 1971 in response to the suggestion of anti-apartheid protests when the South African rugby team was visiting Queensland. There were widespread reports that under the Bjelke-Peterson government bribes were ...

Advice firm hires for increasing regulatory environment

KANIKA SOOD  |  TUESDAY, 6 NOV 2018
... and providing technical accounting advice. She is a member of chartered accounts Australia and New Zealand and of South African Institute of Chartered Accountants, the association said. She has over 11 years of experience in audit, primarily with Grant ...

Boutique executes buyout, rebrands

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
... messenger god Hermes to fly across the world. The three principals have worked overseas (Mead is British, Padowitz is South African and Selby-Smith is Australian) and now looks for opportunities across an international universe of equities. Hence the ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... depreciation in many emerging market currencies - notably the Turkish lira (-34.8%), the Argentine peso (-36.7%), the South African rand (-15.9%) and the Indian rupee (-9.0%), not to mention the Chinese yuan's 5.0% depreciation - this year to date ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... low peso 29.94/US$1. The Indian rupee is also trading at record lows (rupee 69.93) versus the US dollar and the South African rand - currently exchanging at 14.37 to US$1 - has dropped to two-year lows. There are many more and ones that would raise inflation ...

REIT sells Cromwell stake for $406 million

KANIKA SOOD  |  THURSDAY, 8 MAR 2018
A subsidiary of Singapore-based ARA Asset management is acquiring a 19.5% stake in Cromwell Property Group. South African-based REIT Redefine Properties sold its stake to the ARA AM subsidiary in a move described by the former as a "process to refine ...

Wearables driving life insurance engagement

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... engaging members with their life insurance. Since launching its fitness and wellness program four years ago with South African insurer Discovery, AIA Australia's Vitality leads the pack when engaging members with their life insurance policy. According ...