Absa charts a new course, sans skipper
Absa remains rudderless, with no CEO and poor returns compared to its peers. Now, it is switching to prioritise profit over chasing market share…
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How Capitec’s ‘seven dwarfs’ built a banking behemoth
When Riaan Stassen and the executive team from Boland Bank arrived at Stellenbosch’s Techno Park, the microlenders of the entity that would soon become…
Capitec: Everything, all at once
A quarter of a century ago, Henk Lourens was in charge of acquisitions at the PSG arm that would later grow into Capitec. His…
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When disaster strikes: FirstRand’s pay dilemma
The FCA’s MotoNovo redress scheme has cost FirstRand R11.9bn more…
South Africa’s big crackdown on greenwashing
The financial sector regulator plans to close the loopholes on…
Eskom’s tightrope: Jobs vs chrome revenue
Unless South Africa’s ferrochrome producers get price relief from Eskom,…
Tit-for-tat over Hormuz
Trump says the US military has blockaded Iranian ports to…
