Tag Archives: education and banking

Why BEE benefits blacks the least

According to the latest data from New World Wealth, BEE and affirmative action policies are working to uplift the previously disadvantaged – but black Africans aren’t the ones reaping the most benefit. The data showed that, while the country has seen its black African millionaire population increase by 277% over the past 15 years, the Indian population actually had the […]

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Western banks axed 59,000 jobs last year, more cuts to come in Europe

From Reuters.com * More than 160,000 jobs lost across 24 banks in two years -data * U.S. banks axed 7.4 pct of staff, European lenders cut 4.1 pct * Euro zone banks need further cuts to improve returns -analysts * Move to digital banking could add to pressure on jobs By Steve Slater LONDON, March 30 (Reuters) – Top European […]

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