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Brics Bank lends R32 bn to SA organisations

By the end of 2019 the New Development Bank, colloquially called the Brics Bank, will have provided loans and funding worth R32.5 billion ($2.3 billion) to South African development finance institutions and organisations. This is…

PIC relied heavily on auditors and Sarb in…

The Public Investment Corporation (PIC) missed the red flags around the now defunct VBS Mutual Bank because it relied excessively on the reports of assurance providers. Advocate Terry Motau’s forensic report titled The Great Bank Heist found…

The unhealthy side of dividends

Dividends have always been a key component of investment returns. An analysis by PSG Wealth in 2017 showed that nearly half of the JSE’s total return over the previous 50 years had come from dividends.…

MultiChoice: Emancipated or abandoned?

February saw Africa’s largest pay TV operator MultiChoice unbundle from its parent company Naspers and list as a separate entity on the JSE. Opinions vary on whether going it alone is a blessing or a…

Premier League: Results, fixtures and EPL latest log…

Additional reporting by AFP. Arsenal 2-0 Newcastle Aaron Ramsey lifted Arsenal into third place in the Premier League as the Wales midfielder’s clinical finish inspired a 2-0 win against Newcastle on Monday. Ramsey’s first half…

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Uzoho Sent Off In Anorthosis’ Win vs Oroklinis

Super Eagles goalkeeper Francis Uzoho was sent off Anorthosis Famagusta’s 3-0 home win over Alki Oroklinis in a relegation play-off clash in Cyprus reports Completesports.com. The sending off was the first expulsion of Uzoho’s career.…