Adelaide Changole

2 weeks ago | bloomberg.com | Adelaide Changole

Standard Chartered Plc is considering expanding its presence in Africa to grow its wealth and transactions businesses, after spending the past three years exiting some of its smaller operations on the continent. “Like we’ve gone and expanded in Egypt with a fully-fledged bank on the ground, we are looking at one or two other countries,” Chris Egberink, chief executive officer and head of banking & coverage, South Africa said in an interview in Johannesburg.

2 weeks ago | news.bloombergtax.com | Adelaide Changole

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3 weeks ago | bloomberg.com | Adelaide Changole

Fractures within the South African government — along with global macroeconomic uncertainty — are weighing on dealmaking activity in the continent’s largest economy, according to one of the country’s top investment bankers. Uncertainty about a key vote on South Africa’s budget and what it portends for South Africa’s coalition government have put a damper on business confidence, according to Yasmin Masithela, chief executive officer of Absa Group Ltd.’s corporate- and investment-banking unit.

3 weeks ago | brnw.ch | Adelaide Changole

For morefinancial news, go to the News24 Business front page. A unit of South Africa’s third-largest bank by assets plans to open a representative office in Dubai next year to benefit from growing trade and investment between the Middle East and Africa. "We’re setting up a Dubai office in the first quarter of 2026," Yasmin Masithela, chief executive officer of Absa Group Ltd.’s corporate- and investment-banking unit, said in an interview in Johannesburg.

3 weeks ago | bloomberg.com | Adelaide Changole

A unit of South Africa’s third-largest bank by assets plans to open a representative office in Dubai next year to benefit from growing trade and investment between the Middle East and Africa. “We’re setting up a Dubai office in the first quarter of 2026,” Yasmin Masithela, chief executive officer of Absa Group Ltd.’s corporate- and investment-banking unit, said in an interview in Johannesburg. “We’re just waiting for regulatory approval.”