South African Reserve Bank seeking adviser for the sale of its 50% stake in African Bank
The task is likely to be thwarted by difficult market conditions as the credit institution struggles to regain the powerful position it enjoyed prior to its suspension of payments.
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▪ South African Reserve Bank seeking adviser for the sale of its 50% stake in African Bank
▪ The task is likely to be thwarted by difficult market conditions as the credit institution struggles to regain the powerful position it enjoyed prior to its suspension of payments.
▪ https://www.africabusinessplus.com/en/803513/south-african-reserve-bank-cherche-un-conseiller-pour-ceder-ses-50-dans-african-bank/
The South African Central Bank is looking for an adviser to tie up the deal, which must be closed, at the latest, two years after finding a buyer.
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