FirstRand to appeal UK Court ruling on motor finance broker transparency
In its appeal, FirstRand argues that motor dealers should not be held to fiduciary standards or be required to provide impartial advice.
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Barry Swartzberg’s Discovery stake increases by $23 million
Swartzberg, a co-founder of Discovery, owns a 3.92 percent stake in the Sandton-based financial services group, amounting to 25,954,540 shares.
Southern Sun posts $18.3-million profit in H1 2025
The South African hospitality group reported a 30% profit increase for the first half of 2025.
Karooooo shares decline, costing Zak Calisto $60.5 million
This follows a $107.76 million decline recorded between Oct. 14 and Nov. 6, pushing his stake further below the $1 billion mark.
Lesaka acquires Recharger, prepaid electricity firm, in $28-million deal
The deal, which strengthens Lesaka’s position in the fintech sector, involves the purchase of all Recharger's shares.
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NCB Financial Group achieves record turnaround with bold profit and efficiency goals
NCB Financial Group posts remarkable financial gains under Michael Lee-Chin’s leadership, targeting sustained growth and higher shareholder returns.
Oriental Weavers achieves strong Q3 2024 results amid global market growth
Oriental Weavers reports robust revenue growth in Q3 2024, driven by international market expansion and strategic domestic initiatives.
Vista Equity Partners sells minority stake in LogicMonitor in $2.4-billion deal
Vista Equity Partners secures $2.4-billion valuation for LogicMonitor with new minority investment while retaining strategic control.
NCBA opens new branch in Kerugoya to boost local businesses
NCBA’s new Kerugoya branch brings tailored banking services to Kirinyaga County, supporting local businesses and economic growth.