Credit Unions re-brand to be competitive

Workplace Credit Unions are re-branding to cover more grounds, increase membership and raise capital bases. As part of the drive (re-branding), the Unions were shedding restrictive names linking the groups to their workplaces or…

MTN South Africa CEO to step down

Phuthuma Nhleko, Chief Executive Officer of South African mobile phone group MTN, will step down as CEO and group president in March 2011, the group said on Monday. Nhleko, one of South Africa's best-know black businessmen who has been…

Asia factory output expands

Factory activity in Asia's main economies expanded last month, with India and South Korea growing at their fastest pace in around two years although China showed some signs of weakening. A pair of surveys of purchasing executives showed…