African Bank

 

Editorial: Breaking the bank

Editorial

The downgrades of the big four seem to have less to do with the health of our banks and more with the Reserve Bank's recipe to rescue African Bank.

Editorial: Breaking the bank

JSE slightly up, MTN in focus

Tiisetso Motsoeneng

South African stocks were slightly higher at noon on Monday with MTN in the spotlight on fresh merger talks with another Indian firm, but overall the session was muted due to public holidays in the United States and the United Kingdom. At 11.59am, the all-share index was up 0,30%, thanks to a 1,03% rise in resources.