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April 25, 2008

Bank Notes - Mutual & Federal may yet fall into Royal Bafokeng Holdings embrace

Where in the financial sector will quietly acquisitive community empowerment group Royal Bafokeng Holdings (RBH) strike next since failing to persuade Old Mutual to part with its short-term insurer Mutual & Federal?

In RBH's annual report, chief executive Niall Carroll said: "The team spent considerable time during the year seeking to secure a number of large, non-mining transactions."

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Posted by StaffWriter at April 25, 2008 7:48 AM