Absa’s Arrie Rautenbach long game can’t save bank from transformation critics
/ 6 April 2022

Absa’s Arrie Rautenbach long game can’t save bank from transformation critics

Rautenbach’s retail track record put him in good stead — and inadequate succession planning helped too

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/ 31 October 2007

PSL to pay soccer bosses R70m

The Premier Soccer League (PSL) has set aside R70-million with which to pay members as a ”token of gratitude” for their part in securing rights and sponsorship deals. The amount would be ”apportioned to the members of the negotiating team and other role players” and would be a one-off payment.

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/ 5 October 2007

Manuel, Absa resolve PSL-sponsorship matter

Finance Minister Trevor Manuel says he has been assured by Absa there will be no individual enrichment in its sponsorship deal with the Premier Soccer League (PSL). ”We have the assurance that Absa would do everything in its power to [ensure] that the money is used as intended, for the advancement of soccer in this country,” he said on Friday.

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/ 3 October 2007

PSL says no commission paid (yet)

Premier Soccer League (PSL) executive members have not been paid commission for their part in the R1,6-billion television rights deal or the R500-million Absa sponsorship deal. The PSL had not even formally decided yet whether it would pay its negotiators any commission at all, said chairperson Irvin Khoza.