Minal Nagin, group risk chief operating officer at Investec, started his career a mere 11 years ago, but he has achieved much success already.
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South Africa’s petrol price will fall by the most in two years, increasing the chances that inflation may be near a peak.
MetroFibre Networx is continuing its aggressive fundraising drive: the company has now secured a R5-billion debt financing package from Standard Bank Group.
Investec recently launched Programmable Banking, a platform for software developers that aims to open the world of banking to the IT industry with more granularity.
The rand has strengthened to a five-month high on expectations that the central bank will raise interest rates. Portfolio inflows also underpinned its rally.
African Rainbow Capital Investments plans to offload its remaining stake in fibre network operator MetroFibre Networks.
Investec is open an application programming interface to allow clients access to banking and transactional data and to craft individualised services.
Investec is seeking to more than double its private client base in the next three to four years, outpacing growth in a moribund economy.
Big changes are coming to South Africa’s payments industry that will shake up the financial services sector, according to BankservAfrica CEO Jan Pilbauer.
Investec has asked its employees in South Africa to get vaccinated or subject themselves to weekly tests as the bank’s staff returns to office.