Standard Chartered
latest news & developmentsMajor shift in African banking
As foreign banks retreat from the continent, local lenders are stepping up to fill the gap
Competition Competition has no evidence of rand manipulation, banks say
The commission says the case highlights the difficulty of prosecuting global and domestic cartels that exploit legal loopholes to delay proceedings
Middle East crisis: Why aren’t oil prices much higher?
Lower prices are good insofar as inflation is concerned but they suggest that economic troubles lie ahead
Ruling leaves rand rigging case in ruins
South Africa’s biggest banks, and most of their foreign counterparts, are no longer up for prosecution following a competition appeal court order
Zambia’s economy is controlled by foreigners
After nearly six decades of independence the need for real change in the country hasn’t diminished
Must we really endure ‘punishing’ markets?
Policymakers have been warned to remain disciplined as economies navigate headwinds — no matter how much it hurts
Hawkish Reserve Bank sees South Africa edge towards a rates hike
Analysts say the Reserve Bank could start tightening monetary policy as early as next month
Global players enabled ‘Zupta’ corruption
The Zupta decade: Governments and global corporates, banks and consultants must stop enabling money laundering
Strong start to 2009 for Standard Chartered
Standard Chartered has started the year strongly, but faces more challenges as the world economy struggles through its worst downturn in decades.
Old Mutual: Nedbank sale is market speculation
Old Mutual has declined to comment on a weekend report that it is planning to offload its 53% holding in South Africa’s Nedbank.
SA banks in good shape
Global markets and the JSE continued to clock up losses with the All Share Index now below levels seen two years ago.
Will foreign companies stay the course in Zimbabwe?
British companies doing business in Zimbabwe must find the noise from their government and the international community disconcerting.
The big firms that prop up Zim
Last month British Prime Minister Gordon Brown urged British companies to stop investing in Zimbabwe, saying his government was preparing sanctions.
Mugabe warns business to get on side
President Robert Mugabe rejected fresh calls for economic reform at a rare meeting with the heads of Zimbabwe’s largest business groups this week.
PPI jumps, points to possible big rate rise
South Africa’s producer price inflation (PPI) accelerated unexpectedly to 12,4% year-on-year in April, increasing the possibility of a bigger than previously expected…