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LATEST NEWS FOR Investec Bank Ltd.  

Investec Bank Ltd. is a specialist bank providing a diverse range of financial products and services to a niche client base in South Africa and Mauritius.... [more info]

Investec launches business account to attract mid-sized SA firms

14 Jul 2021 /  Emma Rumney, Reuters  
Firms would have to have an annual turnover of at least R30 million.

Tongaat Hulett posts wider headline loss of R1.1bn

13 Jul 2021 /  Moneyweb  
But group executives say overall turnaround remains on track despite Covid-19 and continued hyperinflation affecting Zim operations.

RMB, Investec in talks with Cell C over funds

1 Jul 2021 /  Loni Prinsloo and Roxanne Henderson, Bloomberg    4
As the mobile operator continues to struggle under its debt burden.

The rand goes from best-performing to worst-performing emerging market currency

21 Jun 2021 /  Suren Naidoo   19
After US Federal Reserve flags that it could raise interest rates sooner than expected.

Simon’s weekly wrap: China’s investment case

4 Jun 2021 /  Simon Brown   1
This week MoneywebNOW looked at local bank valuations, the global pet care industry and retail stocks.

Rand surges to almost R13.50 to US dollar

3 Jun 2021 /  Suren Naidoo   8
On the back of improved economic growth forecasts for South Africa due largely to the boom in commodities.

Rand trades around R13.99 to dollar after Sarb keeps repo rate steady

UPDATE
21 May 2021 /  Suren Naidoo  
Improved 2021 GDP forecast and a weaker dollar also buoy currency.

Repo rate stays at 3.5%

UPDATE
20 May 2021 /  Suren Naidoo   1
But higher inflation fuels forecast of a hike later this year.

Ombudsman for Banking Services saw a 19% increase in complaints – report

12 May 2021 /  Nompu Siziba  
Kwanda Vabaza – Adjudicator, Ombudsman for Banking Services

April returns all about commodities

3 May 2021 /  Simon Brown  
Sanlam Private Wealth's Nick Kunze takes a look at April's returns. Keillen Ndlovu from Stanlib on the office market in SA, what does its future look like?

Black representation in banking increased across all management levels – report

29 Apr 2021 /  Nompu Siziiba  
Khulekani Mathe - Head: Financial Inclusion, Banking Association South Africa

Banks’ tax-free cash account interest rates compared

16 Apr 2021 /  Moneyweb   22
Two banks beat all others hands down.

Reserve Bank sends strong signal rate-cutting cycle is over

26 Mar 2021 /  Suren Naidoo   5
And touts possible increase as early as the second quarter of this year.

Investec flags up to 29% full-year profit drop

19 Mar 2021 /  Emma Rumney, Reuters   1
Adjusted earnings per share down from a year earlier.

2021 GDP forecasts and banking trends

15 Mar 2021 /  Simon Brown  
Petri Redelinghuys of Herenya Capital Advisors talks banking stocks. AlphaWealth's Keith McLachlan on how to value an exploration miner. PWC's Lullu Krugel on what to expect from GDP for the year(s) ahead.

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