South African banks face another wasted year for earnings growth as the euphoria that greeted Cyril Ramaphosa’s ascendancy to the presidency fades with the reality of the challenges facing the economy. The country’s largest lenders start reporting first-half results from next week against the backdrop of tax hikes, record gasoline prices, stubbornly high unemployment and [...]
2017 has been filled with breaking stories, from company scandals to rand downgrades and cabinet reshuffles in Parliament. We take a look at the top Business Report stories this year that has made the cut onto the top 20 list. Aeon Investment Management Chief Investment Officer, Asief Mohamed contributed a few comments. Read this article [...]
The market focus in ANC’s elective conference has shifted to policy positions to be adopted by the party after the rand went gung-ho in the lead up to and after the victory of Cyril Ramaphosa as the ruling party’s president. The local currency raced to R12.60 against the dollar after the top six officials were [...]
