Parliamentarians are entitled to a good salary and pension benefits, but luxuries have no place in the current economic climate, writes Melanie Verwoerd.
Investec Property Fund announced on Monday that it plans on selling all its shares in two South African malls, with the aim of investing the proceeds in Europe and the UK.
The bank received the home loans as security for a lending deal.
Extremely low or negative yields in global markets make it challenging for investors to generate meaningful returns, says Brian McMillan of Investec Structured Products.
For every rand that one household in South Africa saves, another household is "dis-saving" by spending on credit, says a professor in economics.
Investec plans to appoint former MTN executive, Philisiwe Sibiya, and ex-Bank of America investment banker, Henrietta Baldock, to its board, according to a person with direct knowledge of the matter.
The Kathu Solar Park in the Northern Cape was recently inaugurated.
Investec recently held its art fair in Cape Town. The bank breaks down what you need to know when it comes to buying art.
Investec has acquired a further interest in the ordinary shares of Sibanye-Stillwater.
Anusha Gordhan, the daughter of Public Enterprises Minister Pravin Gordhan, didn't get any payments from Investec as a non-executive director, the company says.
Incidents like the Steinhoff saga has made it hard to know who you can trust, says the head of environmental, social and governance engagement at Investec Asset Management.
Goldman Sachs Group will open a Johannesburg branch of the international bank, and has been admitted as a member of the Johannesburg Stock Exchange's interest rate and currency derivatives market, it said in a statement Monday.
Business failures and a rental rebate given to Edcon put a drag on the Investec Property Fund's net property income growth during the interim period.
'Uncertainty relating to Brexit and global trade wars' has negatively impacted its the first-half profit of its UK specialist banking business.
Some of its major SA shareholders are Coronation and the Public Investment Corporation.
Gross domestic product almost doubled, along with the nation’s debt load. While the country has come a long way in extending equal rights to people after half a century of segregation under apartheid rule, about a quarter of the labour force doesn’t have a job.
Investec for Intermediaries brings dedicated relationships, an integrated digital platform and client-focused solutions together under a Specialist Bank.
Structured products have become more popular in an increasingly volatile world where investors want to preserve their capital, but also want decent returns.
President Cyril Ramaphosa invoked the management style of former President Nelson Mandela on Sunday evening when speaking of how the state would manage land reform, saying the matter needed to be addressed for SA to move forward.
Ratings agency Fitch has kept the ratings of five of SA's major banks at BB+ with a stable outlook.
After amassing $143 billion in assets within the belly of Investec, Hendrik du Toit can now plot his own course, as the money manager he founded splits from the banking group.
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