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NEW IMAGE - Tribunal upholds JSE directive that Trustco must restate its financial results

Tribunal upholds JSE directive that Trustco must restate its financial results

The Financial Services Tribunal has upheld the JSE’s directive that Namibia-based Trustco must restate its financial statements for the year to 31 March 2019 and its interim results to 30 September 2019, because they did not comply with the International Financial Reporting Standards (IFRS). The accounting “errors” pushed up Trustco’s profits by N$2.1 billion. The […]

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Consumer optimism wanes as pandemic continues to weigh on incomes

Consumer optimism wanes as pandemic continues to weigh on incomes

Twenty-six percent of South Africans expect they will invest more or increase their retirement fund contributions over the next three months, while the same percentage say they will invest and contribute less, if the results of TransUnion’s third-quarter Consumer Pulse Study are anything to go by. The online survey, conducted in English, of 1 100 […]

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