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Finance |
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Finance24
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Ackerman scoffs at high margins
Retiring Pick n Pay founder Raymond Ackerman questions whether a 5% trading margin is appropriate in the current economic climate.
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State splurges on talkshops
The national department of transport has admitted to lavishing R76m on four conferences it hosted in recent years, including R12m for shuttling VIPs.
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Banks: winners and losers
FirstRand and Standard Bank have emerged as clear-cut winners from their most recent reporting periods, with Nedbank proving a laggard and Absa drawing mixed views.
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Gordhan slams Sarb shareholders
Finance Minister Pravin Gordhan has accused some SA
Reserve Bank shareholders of trying to manipulate conditions for
the banks liquidation for their own gain.
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Metropolitan backers reap rewards
Insurance stalwart Metropolitan has upped its full-year dividend by 9%, saying the increase is indicative of an "improved operating outlook".
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