With a unanimous decision, members of the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) voted on 17 January to keep interest rates unchanged, in line with analyst expectations. This follows an interest rate hike of 25 basis points (bps) in November 2018, which brought the repo and prime lending rates to 6.75% and 10.25%, respectively.
Shareholders affected by the odd-lot offer will receive R276.48c per share, to be paid out in the next few weeks. Nedbank has set the price at which it will buy back shares from the hundreds of thousands of Old Mutual shareholders who received equity in the bank as part of the break up of Old Mutual Plc.
The Plug is not any typical creative agency, we are made up of a number of creative individuals that offer different skillsets. We’re not just a few creatives but we are a collective of them. We are the Plug that connects you to the youngest and freshest creatives within the Joburg space as well as around Mzansi. Our sole purpose is to create beautiful artwork and campaigns that we are proud of and certainly keep our clients coming back for more of our services.
ENTERPRISE PROFILE | KR (Kele Rammopo) is a brand and communication strategist who operates on a freelance basis. KR is currently a member of the Hlumani Trust, a brainchild of Ebony + Ivory. Her competencies include; Brand and Communication Strategies, Research, analysis and reporting, consumer research, brand climate checks and article writing.
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ZAR - South African Rand