Standard Bank joint CEO Sim Tshabalala. Picture: FREDDY MAVUNDA
Standard Bank released its annual results on Thursday posting a 7% rise in headline earnings. The group's rest of Africa operations led gains while SA lagged, with a weaker than expected economy and higher taxes weighing on confidence and demand for credit. The company's ICBC joint venture recorded a loss of nearly $15m and will need a capital injection of just over R1bn.
Standard Bank CEO Sim Tshabalala spoke to Business Day TV about the company's full-year earnings and what they suggested for its growth trajectory.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Reserve Bank was not alerted to ‘shell company’ concerns — Eskom official | News | National | M>he South African Reserve Bank was not privy to information that might have put the breaks on the controversial multibillion-rand loan from Huarong Energy Africa to Eskom, the state capture commission heard on Monday. Is misleading the SARB not a crime? Did you mean 'put the brakes on'?
La source: mailandguardian - 🏆 2. / 92 Lire la suite »
Eskom deceived SA Reserve Bank on R25bn Chinese loan, says senior company officialIncomplete and inaccurate information given to obtain go-ahead Eskom must to be liquidated Oh Lynne Brown is so gullible I mean who in their right mind contravenes the SARB act or policies? She might as well get ready to wear orange overalls If all these senior treasury officials knew how wrong this deal are why are they still at Eskom? Can you imagine what else they are letting through or have let through while knowing it’s wrong....
La source: BDliveSA - 🏆 12. / 63 Lire la suite »