The company has already coughed up R260m after US SEC charged it over payments to ANC funding front Chancellor House.
Rand Merchant Bank (RMB) has positioned itself to facilitate and fund many of West Africa’s infrastructural projects
They argued that the World Bank and the IMF cannot solve the world’s economic problems, and "a new global economic order" must be built.
BNP Paribas has begun to negotiate the purchase of RCS Investment Holdings, a consumer credit provider owned by Standard Bank and Foschini.
The new co-heads of Standard Bank has promised to sharpen the African focus following chief executive Jacko Maree’s resignation announcement.
South African Reserve Bank governor Gill Marcus has announced a cut in the repo rate by 50 basis points to 5%.
The recent uprisings in North Africa highlight how youth unemployment fuelled unrest, World Bank officials said on Thursday.
The South African Reserve Bank Amendment Bill [B10-2010] Submissions and Hearings
Africa’s main development bank says the continent is making a "spectacular" recovery from the global recession.
African ministers of economy will discuss proposals next week for a continental investment bank and stock exchange to promote development.