Mminele steps down as Absa Group chief executive

The Absa Group board and the group chief executive, Daniel Mminele have come to an agreement pursuant to which he has stepped down and will be leaving the group with effect from 30 April 2021. The parties have not managed to achieve alignment in relation to the...

Huawei optimises portfolio to boost business resilience

Huawei’s optimising its portfolio to boost business resilience to cope with uncertainty brought about by geopolitical tensions, the resurgence of Covid-19, and US bans. This is the word from Eric Xu , rotating chairman of Huawei, speaking at the company’s...

Syspro rebrands for digital future

Syspro has unveiled its re-energized brand, visual identity and positioning to the market. The new brand tagline and positioning signifies SYSPRO’s evolving offering to the market and how the business continues to be committed to guide customers to secure a...

ThinkMarkets launches SA shares and ETFs offering

Brokerage company ThinkMarkets has launched a s South African shares and ETFs offering. The new technology is designed to deliver an accessible entry to investing into shares of companies listed on the Johannesburg Stock Exchange (JSE) to local investors and also give...

Digital banking helps Capitec to strong growth

Capitec Bank declared an increase in headline earnings of 18% to R3,9-billion during the last six months of its annual period up to end February 2021. However, as a result of the first six months of COVID impact on operations, its annualised basis headline earnings...

Sub-Saharan Africa M&A transactions totalled $6,1bn in Q1

According to Refinitiv’s investment banking analysis, an estimated $99,3-million worth of investment banking fees were generated in sub-Saharan Africa during the first quarter of 2021, down 39% from the same period in 2020 and the lowest first quarter total...