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The London market made strong progress last week, more than recovering the previous weeks losses, helped by continued bid activity (both actual and speculative) and a slight easing in the oil price.
Big SA bank takes over securities firm.
The objectives behind the process and the benefits are fairly obvious, says Turpin. In December 1996 there 100 funds, total there are over 1000 funds, so there is a need for some classification.
Standard Bank has launched the next phase of their broad-based BEE initiative, with plans to begin identifying some 250 SMEs that will ultimately become beneficiaries of the Tutuwa Community Trust.
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