Tag: percent

South Africa’s PIC Defends Nedbank CEO Amid Race Criticism

| April 12, 2012 | 0 Comments

South Africa’s Public Investment Corp., which oversees $125 billion of government pension funds, defended Nedbank Group Ltd. (NED) Chief Executive Officer Mike Brown after the government attacked the lender for failing to have a black or female CEO. Brown has “made a positive contribution to the group” and has the confidence of the PIC, the [...]

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S.Africa’s rand recoups losses, selling over-done

| April 11, 2012 | 0 Comments

Once you “go hybrid,” it seems you can turn back after all.  Only 35 percent of hybrid car owners bought a hybrid again when they purchased a new vehicle in 2011, according to a report by automotive research group Polk. But some regions of the… Culled from here : Africa News

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Africa investment banking fees tumble 60 pct in Q1

| April 10, 2012 | 0 Comments

By Tosin Sulaiman LONDON, April 10 | Tue Apr 10, 2012 10:40am EDT LONDON, April 10 (Reuters) – Investment banking fees in sub-Saharan Africa fell 60 percent in the first quarter of 2012 from the previous year, as dealmaking suffered in the wake of the euro zone debt crisis, according to Thomson Reuters analysis. Fees [...]

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South Africa’s Low-Cost Carriers Face Bumpy Ride

| April 10, 2012 | 0 Comments

South Africa’s low-cost carriers have fallen into disarray as rising fuel costs and overcapacity take their toll on a domestic industry now hit by a spate of airline management resignations. Rodney James stepped down as CEO of OneTime airline, along with executive director Michael Kaminski, the company said March 13, without giving reasons for the [...]

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Nigeria: South-South Speakers Endorse Ochei

| April 6, 2012 | 0 Comments

The South-South Speakers Forum has endorsed the Speaker of the Delta State House of Assembly, Rt Hon Victor Ochei, as its sole candidate for the chairmanship election of the conference of speakers coming up on 12 April. A communique issued at the end of its meeting in Uyo, Akwa Ibom State, the forum said the [...]

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