Employment outlook ‘negative until 2010’ in South Africa

Employment outlook ‘negative until 2010’ in South Africa

The employment environment in South Africa is "clearly negative" and it has deteriorated markedly in the last few months. This is the conclusion of a report just released…

Nedbank’s expanding, but hiring’s still on hold

Nedbank’s expanding, but hiring’s still on hold

All major South African banks are looking beyond their borders. With South Africa gripped by its first recession in 17 years and bad debts and investment impairments rising,…

Accountants like gold dust in South Africa

Accountants like gold dust in South Africa

South Africa's unemployment rate stands at 23.5% and is rising as the economic slowdown takes hold. Those who do have jobs are increasingly resigned to flat salaries and…

Sunnier outlook for private equity in Africa

Sunnier outlook for private equity in Africa

Private equity is not a happy place to be. Investors' appetite has dropped to six-year lows, fundraising has fallen by almost two thirds and new fund raising targets…

Repairing Bank Regulation

Repairing Bank Regulation

The broad dimensions of the Obama administration's regulatory overhaul set for release this week have been sketched out in media reports. According to The Wall Street Journal, the…

The crisis brings out the liars: CV fraud on the rise

The crisis brings out the liars: CV fraud on the rise

Desperate times call for desperate measures: according to new research the economic slowdown and consequent rise in unemployment are leading to a surge in CV fraud and incorrect,…

Battered Investec is still hiring

Battered Investec is still hiring

Investec has taken a hit. Loan impairments and defaults have risen, and prospects are less rosy as South Africa, which still accounts for two-thirds of the bank's income,…

Ecobank expanding and recruiting in Africa

Ecobank expanding and recruiting in Africa

While most other banks are downsizing, the Ecobank Group continues to grow at a dramatic pace and is looking to recruit new people. Twenty-one years after its start…

Are you being asked stupid questions at interview?

Are you being asked stupid questions at interview?

There is a skills gap in South Africa: this is a fact so often quoted that it has become a truism. The reasons are taken to be poor…

Stress Tests – Inoculation or Gimmick?

Stress Tests – Inoculation or Gimmick?

Are the US government's much-ballyhooed bank stress test results improving transparency, risk management, and therefore building confidence in the ultimate solvency of the system's largest institutions? Or

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