FirstRand to appeal UK Court ruling on motor finance broker transparency
In its appeal, FirstRand argues that motor dealers should not be held to fiduciary standards or be required to provide impartial advice.
Related
Reinet, led by Johann Rupert, posts $7.9 billion in net assets
Reinet, led by Johann Rupert, posts $7.89 billion in net assets as it shifts away from tobacco and toward diversified, long-term investment growth.
Sibanye, led by Neal Froneman, plans to shut loss-making assets
The company warned that its South African PGM operations may no longer be viable if prices don’t recover soon.
Malawi’s richest man loses $183 million from FMB Capital stake
A recent dip in FMB Capital’s share price on the Malawi Stock Exchange has shaved $183 million off Hitesh Anadkat’s investment.
Absa Bank led by Sello Moloko faces fresh sanctions
This development comes after an inspection in 2022 that revealed lapses in Absa's adherence to critical regulatory requirements.
Latest
Africa’s richest man Aliko Dangote’s jet could fetch up to $78 million
The 2020 Bombardier Global 7500 stands as the epitome of modern business aviation, known for its outstanding range, sleek design, and unrivaled comfort.
Reinet, led by Johann Rupert, posts $7.9 billion in net assets
Reinet, led by Johann Rupert, posts $7.89 billion in net assets as it shifts away from tobacco and toward diversified, long-term investment growth.
Sue Nabi, Algerian-born French beauty mogul, loses $21 million from Coty
This is linked to the recent decline in Coty’s share price on the New York Stock Exchange.
Nigerian businesswoman arrested over alleged $150 million fraud
Her lawyer, Chikaosolu Ojukwu, confirmed the arrest, stating Aisha Achimugu voluntarily returned from London and was detained by EFCC operatives at 5 a.m.