Adelaide Changole
Markets Reporter at Bloomberg News
Human. Journalist. Thoughts and opinions here all my own.
Articles
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4 days ago |
bloomberg.com | Adelaide Changole |Bella Genga
The Absa Group Ltd. headquarters office in Johannesburg. (Bloomberg) -- Absa Group Ltd., South Africa’s third-biggest lender, is seeing surging interest among real estate investors in East Africa and plans to bolster its balance sheet to meet demand for financing.
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1 week ago |
news.bloombergtax.com | Adelaide Changole
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1 week ago |
news.bloomberglaw.com | Adelaide Changole
Old Mutual Ltd. appointed Jurie Strydom as its new chief executive officer to replace Iain Williamson, who will retire at the end of August after five years at the helm. Strydom will take over from June 1, Africa’s biggest insurer by assets said in a statement Friday.
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1 week ago |
bloomberg.com | Adelaide Changole
An Absa Bank office in Johannesburg. (Bloomberg) -- Absa Group Ltd. named the former head of banking supervision at the South African Reserve Bank as chairman, after the incumbent said he’ll resign. René van Wyk will replace Sello Moloko, South Africa’s third-largest lender by assets said in a statement on Wednesday. Moloko will step down on July 15 to focus on his business interests and other commitments, according to the statement.
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1 week ago |
bloomberg.com | Adelaide Changole
Africa’s biggest bank plans to grow the market share of its asset management business in East Africa to take advantage of the continent’s fastest growing region. Standard Bank Group Ltd. intends to scale up its fund management units in Kenya and Uganda, started in the past two years, to become “real competitors,” said Derrick Msibi , head of asset management at the lender and chief executive officer of Stanlib Asset Management Pty Ltd.
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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. https://t.co/AtJcOVhySy
RT @economics: A unit of South Africa’s third-largest bank by assets plans to open a representative office in Dubai next year to benefit fr…
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