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Search: african bank

African Bank CEO up for a challenge
Article
/ 20 April 2018

African Bank CEO up for a challenge

Critical to success is a roll-out of transactional offerings and securing refinancing

By Staff Reporter
Pravin Gordhan: ‘There is no need for judicial probe into South African banks’
Article
/ 8 September 2016

Pravin Gordhan: ‘There is no need for judicial probe into South African banks’

The courts offer recourse to companies that are unhappy with banks, finance minister tells audience at Cape Town book festival.

By Staff Reporter
African Bank: Old guard under fire
Article
/ 20 May 2016

African Bank: Old guard under fire

Empowerment shareholders believe the damning Myburgh report lends weight to their case against the former bank’s holding company and directors.

By Lynley Donnelly
Report: African Bank directors were reckless
Article
/ 13 May 2016

Report: African Bank directors were reckless

The board members of Abil were negligent and reckless, according to advocate John Myburgh’s now-public report.

By Lynley Donnelly
African Bank faces changed world
Article
/ 31 March 2016

African Bank faces changed world

South Africa now effectively has a state-owned bank, but can it fly in a reformed environment?

By Staff Reporter
South African banks shrug off economic storm
Article
/ 10 March 2016

South African banks shrug off economic storm

The big four banks have managed to grow earnings impressively, but enormous challenges remain as SA’s economic outlook continues to deteriorate.

By Staff Reporter
African Bank: Tough ride to better times
Article
/ 10 December 2015

African Bank: Tough ride to better times

Despite skating to the edge of total closure under the weight of bad debt, the bank’s rehabilitation appears to be on schedule.

By Lynley Donnelly
African Bank ‘referee’ a major player
Article
/ 17 September 2015

African Bank ‘referee’ a major player

The Reserve Bank’s involvement in resuscitating the collapsed bank is not without a conflict of interests, but no one’s complaining.

By Lynley Donnelly
Results show true extent of African Bank rot
Article
/ 11 June 2015

Results show true extent of African Bank rot

Financial results from the African Bank reveal a R9.3-billion loss.

By Staff Reporter
African Bank: No rescue plan for borrowers
Article
/ 12 May 2015

African Bank: No rescue plan for borrowers

There’s no rescue plan for African Bank borrowers, many of whom are repaying loans that experts say are contrary to the National Credit Act.

By Mandy de Waal
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