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It shows an increase in Capitec's market share from 7.9% to 10.8% between January and December 2012. This is a 43% year-on-year increase for the bank among the main bank population of 22 million. Nedbank currently has a market share of 10.7%, down
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A Gauteng man has told of the hell he has been through since 2008 when his identity was stolen by fraudsters. The Star reported Dumisani Gumede's life has become a bureaucratic nightmare. It began with Gumede being told that personal loans had been
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Africa, based in Cape Town, was responsible for strategic investment in Beijing when the bank bought a 20 percent stake in Standard Bank for $5.5 billion (4.27 billion euros) in 2007. In the aftermath of the financial crisis, the bank would have had
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Developing a pan-African franchise will help compensate for more subdued domestic growth due to the relatively saturated lending market and weakened growth prospects in South Africa according to Fitch. It says the financial crisis and its impact on
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Energy Because gum arabic is so important to the soft drinks industry and other products, the United States has exempted it from a broad trade embargo imposed by Washington in 1997 over Sudan's human rights record. Gallery In neighbouring Liberia,
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NED] has again emerged as the most expensive bank in South Africa, the annual Finweek Bank Charges Report released on Thursday showed. It has been eight years since sister publication Finweek first published the report and "finally the country's big
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Topics Justin Rose of England hits out of a bunker on the 14th hole during the Nedbank Golf Challenge in Sun City, December 1 2012. Globe-trotting Briton Justin Rose will battle jetlag and local favorite Adam Scott at the Australian Open in Sydney
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A new five rand coin is displayed by a South African Reserve Bank worker during its launch at the South African Mint July 27, 2004. South Africa 's rand remained on the defensive against the dollar on Monday after hitting a 1-1/2 week low last Friday,
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TKG] advised on Monday that CEO Nombulelo Moholi has notified the company of her intention to step down before the end of her contract period. Moholi, who was appointed to the position in April last year, has given the board the requisite six months
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Sephaku Cement, an associate company of JSE-listed Sephaku Holdings and a 64%-owned subsidiary of Nigeria's Dangote Cement, has secured R1.95-billion in debt funding for its R3.4-billion cement plant and grinding facility projects in South Africa.
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