The specialist bank and wealth manager says its first-half earnings for 2022 are in line with pre-pandemic levels, citing new focus and resilience
Specialist bank and wealth manager Investec has upped its earnings forecast for its 2022 year, saying its efforts to simplify and focus the group were bearing fruit, while its performance was already in line with pre-pandemic levels.
The group spun off its investment management business, now called NinetyOne, in March 2020 even as SA grappled with its first wave of Covid-19 infections. In a pre-close update on Friday, Investec also cited the resilience of its client franchises as it said it expected adjusted operating profit before tax to rise as much as 106% to ˆ£293m in its first half ending September...
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investec ups earnings forecast as it recovers from Covid-19The specialist bank and wealth manager says its first-half earnings for 2022 are in line with pre-pandemic levels, citing new focus and resilience
Read more »
My colleague tested positive for Covid-19, what should I do?The National Institute for Communicable Diseases advises that you self-quarantine if you are exposed at work to someone who has Covid-19.
Read more »
200,000 people vaccinated in mining industry, as Covid-19 pushback continuesMinerals Council SA says it has reached a milestone of 200,000 employees and service providers vaccinated against Covid-19.
Read more »
Growing opposition over UCT proposal for mandatory Covid-19 vaccinationsA petition against UCT introducing mandatory vaccinations is growing in signatures after its Senate voted in favour of a proposal to make vaccination mandatory from next year.
Read more »
Uganda’s president to fire officials who let Covid-19 vaccines expire unusedUganda’s President Yoweri Museveni has called for Covid-19 vaccination efforts to be ramped up while threatening officials with dismissal should vaccines be left to expire.
Read more »