Tag: South Africa

Africa Economic Forum on Continent’s Future Opens Today

Leading corporates, state officials, industries, senior executives and economic thinkers on Africa’s economies will today, converge on Sandton Convention Centre, Johannesburg, South Africa,  venue of the 7th Africa Economic Forum 2013, to discuss the continent’s economic future. The agenda  for the event, organised by Global Pacific & Partners, is shaped […]

FirstRand moves to acquire nationalised bank

Fresh facts have emerged that First Rand Bank, one of South Africa’s biggest banks, may acquire one of the nationalised banks under the control of the Asset Management Corporation of Nigeria. The Chief Executive Officer, FirstRand, Mr. Sizwe Nxasana, said during the inauguration of Rand Merchant Bank Nigeria on Thursday […]

FirstRand eyes nationalised banks to complement merchant licence

FirstRand Limited, South Africa’s second-largest bank, has said it needs to buy a retail and commercial bank in Nigeria to support its investment bank and win access to consumer deposits for corporate funding. The Chief Executive Officer, First Rand Merchant Bank, Mr. Alan Pullinger, said on Friday, “We can run […]