🔒 Cyril’s soldiers go marching in to tackle gang crime on Cape Flats
Johan Burger of the Institute for Security Studies says the situation on the Cape Flats has been a flash point for many years and gangs have acted as if they own the place.
Johan Burger of the Institute for Security Studies says the situation on the Cape Flats has been a flash point for many years and gangs have acted as if they own the place.
Alan Pullinger, currently group deputy CEO of FirstRand, will take over from current CEO Johan Burger, effective 1 April 2018.
South Africa’s four biggest banks, criticised by President Jacob Zuma for doing too little to boost black participation in their companies, haven’t done themselves any favours.
By every measure, FirstRand’s contribution to SA societal advancement is remarkable. The bank sets a high standard against which contemporaries are sure to be measured.
FirstRand is considering acquisitions in African countries including Nigeria where the slide in oil prices and a devalued currency has undercut prices.
FirstRand, Africa’s biggest bank by market value, has cut back on extending credit because of slowing growth in its home market of South Africa and the rest of the continent.
John Battersby analyses the reasons for what he describes as President Jacob Zuma’s greatest blunder, exposing the personalities who played the key roles in taking the country to the edge – and those who helped drag it back from the abyss.
Leading company CEOs give Pravin Gordhan’s appointment as the new finance minister the thumbs up and pledge their support.
FirstRand, Africa’s biggest bank by market value, said fiscal full-year profit climbed 17 percent after its retail unit boosted income from fees and its investment bank boosted its balance sheet.
The JSE All Share Index is up 0.14% after a mixed morning of trading that has gradually seen the index weaken over the course of the morning.