Citadel’s remarkable achievements: 25 years and R50 billion in assets
2018 has been a big year for Citadel. As the company celebrates its silver jubilee, it also reached the R50 billion assets under management and advice mark.
Citadel
SA falls short of national savings ‘pass rate’: first Savings Index launched
Investec in partnership with GIBS have launched a national Savings Index to measure the country’s state of savings against international counterparts.
Mercantile launches a Private Bank. For entrepreneurs only.
Mercantile Bank has just launched a Private Bank that holds its very own form of differentiation – offering private banking exclusively to entrepreneurs. CE Karl Kumbier joined Alec Hogg in the CNBC Africa studios to unpack the bank’s new innovation.
Pierre Marais: there IS value to be found in SA’s post-election mining sector
South Africa is notorious for its achilles tendon, labour unrest. The most heavily impacted victim of strike action at the moment is the platinum sector, all relevant stakeholders have been severely affected by the halt of production, billions of rands have been lost in revenue and wages. And the market has responded accordingly, with share prices … Read more
Peregrine hunting again – takes 65% control of Adrian Saville’s Cannon Asset Management. Deal worth around R35m?
I’ve been a close watcher of Peregrine since its 1998 JSE listing. Perfectly timed, the then 30-person firm’s public offer of shares was massively oversubscribed with the price surging to over R20 a share – five years later the stock was available under R1.50. The share price got back over R20 during the 2007 bubble, … Read more