Investec sweetens private-banking offer to lure rich clients
The pivot comes as the battle for high-net-worth individuals intensifies globally, with banks turning to fee-based income to offset volatile interest margins.
The pivot comes as the battle for high-net-worth individuals intensifies globally, with banks turning to fee-based income to offset volatile interest margins.
‘The losses are not just because people are not paying; it is really actually the grid that has not been maintained properly, and financial management has been absent,’ says Outa's Julius Kleynhans.
Three companies in the same sector, but the fundamentals diverge vastly.
The group says it's mindful of the impact of the Middle East conflict.
Beyond the courtroom: The real impact of the NHI ruling on doctors. Sugarcane growers off to a strong start despite import pressure and Tongaat uncertainty. And Outa warns that Joburg’s electricity crisis will get ugly.
Inflation is seen to average 3% in 2026, compared to only 1.9% in the previous round, and significantly above the European Central Bank’s 2% target. It’s forecast to ease again to 2.3% next year.
With inflation worries intensifying.
Lucky Star owner strengthens balance sheet and cash generation despite weaker fishmeal and fish oil markets.
National Consumer Tribunal has been asked to impose an administrative penalty of 10% of FlySafair’s annual turnover and to have its conduct declared prohibited.
Spot gold edged down 0.3% to $4 532.01 an ounce at 9:30 a.m. in London.