Standard Bank [JSE:SBK] says lower transaction volumes due to depressed spending during the lockdown, coupled with decreased loans and debt relief for customers have negatively impacted its earnings by some R2 billion.In June, Africa's largest lender had already detailed in another trading update how the lockdown had put the brakes on ATM volumes. It added then…
Standard Bank has come under fire for continuing to fund new fossil fuel projects.It has promised to do due diligence to limit harm.CEO Sim Tshabalala says the AGM has become a forum for policy advocacy and debate - which is not in the interests of the company. Standard Bank, which has come under fire for continuing…
Environmental activists are objecting to Standard Bank's funding of fossil fuel projects. Photo: iStock Standard Bank Group Ltd., which is Africa’s biggest bank by assets, faces opposition from environmental activists to its plan to fund an oil pipeline in East Africa. International group of climate activists that opposes the use of fossil fuels, 350.org will…
Kataza the baboon. Facebook / Baboon Matters The City of Cape Town has asked the public not to feed a baboon that has relocated to Tokai. The baboon, known as Kataza or SK11, is slowly being integrated into the Tokai troop. Video footage, however, shows humans feeding Kataza. The City of Cape Town has requested that Kataza…
As SA Rugby moves to determine which franchises will go to Europe in future, Rassie Erasmus has noted several potential benefits for the local game should that route be followed.The national director of rugby believes the high world rankings of Wales, Ireland and Scotland mean PRO Rugby is competitive and that fans will eventually identify…
(John Finney Photography/Moment/Getty Images) An abnormally bad season of weather may have had a significant impact on the death toll from both World War I and the 1918 Spanish flu pandemic, according to new research, with many more lives being lost due to torrential rain and plummeting temperatures. Through a detailed analysis of an ice…