CompCom hits 17 banks (incl. Absa, Investec, Std Bank) for forex collusion. Seeks prosecution.
The Competition Commission referred a collusion case to the tribunal for prosecution against 17 banks, including three of South Africa’s big banks.
Nomura International Plc
Eskom has slashed R400bn off SA’s economy in last seven years
Eskimo and the economy: South Africa’s economy could have been 10 percent larger if power shortages hadn’t stifled growth and investment and put the nation’s debt at risk of being cut to junk.
Questions for Mario Draghi concerning ECB meeting in Cyprus
As ECB policy makers meet in Cyprus today, investors are expecting Mario Draghi to expand on the 1.1 trillion euro quantitative-easing plan announced earlier this year. Traders are also likely to seek answers to the five questions presented in this article.