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Showing 21 - 30 of 131 results for "African"

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 ...

Fake pastor herds believers into Ponzi scheme

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
A man claiming to be a pastor in the US has been charged over a Ponzi scheme that targeted African immigrants, particularly those of faith. The US Securities and Exchange Commission (SEC) charged two companies based in Maryland for the scheme that allegedly ...

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 ...

Banking crisis more likely in conflicted countries: IMF

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... more than 40% of banking system loans were non-performing and the licence of one bank was suspended in 1994. In Central African Republic, bank non-performing loans increased to more than one-third of total loans and some banks became undercapitalised ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... not been evenly spread. The rise in joblessness has been especially severe for lower-wage workers, for women, and for African Americans and Hispanics. This reversal of economic fortune has caused a level of pain that is hard to capture in words as lives ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... target rate and is the fastest rise in consumer prices in seven years - due largely to higher pork prices following the African swine fever outbreak. Core inflation - excluding food and energy -- remained steady at a three-year low of 1.5%.

Former Prime Minister joins global investment firm

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
... appointed members based in Europe, Australia and three countries in Asia. The firm will soon announce further members with African and Asian market-leading experience.

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 ...