Standard Chartered reports record profits
Friday, March 05, 2010
Pre-tax profits were $5.15bn (£3.4bn), up 13 percent from 2008. Total pay and bonuses rose 4 percent to $4.91bn.
The bank - which is based in the UK but makes most of its profits in Asia - said it was in the "interests of the business" to pay out bonuses. "2009 was the seventh successive year of record income and profits," Standard Chartered chairman John Peace said.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...