Standard Bank Slows Africa Expansion, Cut Jobs
Monday, November 01, 2010
Standard Bank, 20 percent owned by Industrial and Commercial Bank of China, said on Friday last week it would slow down the roll out of the number of new branches across the continent.
The bank, which is looking to position itself as a full-service gateway to fast-growing Africa, will cut 2, 015 jobs in South Africa and London to ease pressure on revenue.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...