For many prospective parents, the burden of providing for a child’s education becomes more and more of a challenge as costs escalate and the general level of public school education appears to deteriorate.
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.
JOHANNESBURG (Reuters) – South African investment bank Investec expects an improved first half performance, boosted mainly by increased assets under management, the company said on Friday. The wealth manager said its asset management division had seen net inflows of 2.7 billion pounds ($4.4 billion) as third party funds increased by 9 percent in the five … Read more
Retirement is a word that usually conjures up images of wrinkly grey-haired people sitting around with little to do in a communal lounge. But, the reality is many of us will leave formal employment long before we need to check in to an old age home. And, sadly, most of us will not have enough … Read more