If appointed, the Bank deputy governor would be Absa’s first black CEO
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Developer accuses Absa of 'colluding' to sell off his property at a fraction of its valueA bank official was allegedly offered a R2m bribe to sell off one of SA's top hotels at a fraction of its value, according to a new claim in a seven-year legal battle between Absa bank and the developer of the luxury 15 on Orange hotel in Cape Town.
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BREAKING: FNB, Absa close Bosasa bank accountsLike with the Guptas, the banks have turned against company implicated in state capture.
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Bosasa dropped by banks, forced to apply for liquidationFNB and Absa have reportedly notified the controversial company that their accounts will be closed.
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#Budget2019: Eskom CEO says R69bn lifeline will help keep lights on | IOL NewsThe R69 billion lifeline thrown to Eskom over the next three years will cover around 70% of Eskom's debt servicing costs, Eskom's CEO said.
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SA defence group Denel to seek investment partners - CEOThe company has also asked the government for financial support to help underpin a strategy its board approved last week, Daniel du Toit told Reuters in an interview.
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