Investors take Standard Bank to task over climate change commitments

Asset managers with interests in Standard Bank and shareholder activist group, Just Share, have taken the financial institution to task over its climate change commitments ahead of its Annual General Meeting on 27 May. Aeon Investment Management, Abax Investments, Visio Fund Management and Just Share have filed a non-binding advisory shareholder resolution to the bank [...]

2021-09-27T07:52:17+02:00May 6th, 2021|

South African Banks set to show how Malaise is gripping economy

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 [...]

2018-09-04T12:04:15+02:00August 3rd, 2018|
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