Loss-making Trustco Group Holdings intends to sell 49% of its loss-making subsidiary, Trustco Finance, to loss-making Finbond Group, a financial services institution operating in.
SA banking stocks feel the heat but largely escape global financial contagion iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Section 45 of the Companies Act 71 of 2008 (Companies Act), does not expressly define financial assistance but rather sets out a list including lending money, guaranteeing any debt or.
Wendy Knowler relates the nightmare tale of a client who took out car cover with Constantia Insurance, unaware that the Prudential Authority was looking into the company's finances.
Wendy Knowler relates the nightmare tale of a client who took out car cover with Constantia Insurance, unaware that the Prudential Authority was looking into the company's finances.