African Bank chief exec quits
/ 6 August 2014

African Bank chief exec quits

Head of the country’s largest unsecured lender, Leon Kirkinis, has stepped down with immediate effect as the bank plans a capital increase.

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/ 20 December 2007

JSE firm ahead of futures close-out

The JSE continued on its upward path by midday on Thursday, unaffected by surprisingly better PPI data but encouraged by the futures market close-out. By 1158am, the JSE’s all-share index had improved 0,83%. The platinum mining index climbed 3%, and the gold mining index added 0,94%,

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/ 12 November 2007

JSE slowly lifts on back of BHP announcement

The JSE started to show a slight turnaround on Monday as a renewed announcement by BHP Billiton added some buying interest among resource stocks. By midday, the JSE’s all-share index lifted 0,3% as resources collected 0,79%. However, the gold and platinum mining indices pulled back 0,91% and 1,4% respectively.

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/ 12 November 2007

Abil lifts full-year earnings by 20%

South Africa’s biggest mass-market lender, Abil, increased headline earnings per share for the year to end-September by 20%, and said on Monday it was confident of reaching its financial goals in the current financial year. African Bank Investments Limited said headline EPS was 268,4 cents while headline earnings rose 20% to R1,334-billion.