<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:media="http://search.yahoo.com/mrss/"><channel><title><![CDATA[Vernon Wessels - Former Team Leader:Africa Emerging Mkts]]></title><description><![CDATA[Vernon Wessels - Former Team Leader:Africa Emerging Mkts]]></description><link>https://www.bloomberg.com/authors/AEDZ5EtY-Fo/vernon-wessels</link><image><url>https://www.bloomberg.com/feeds/static/images/bloomberg_logo_black.png</url><title>Vernon Wessels - Former Team Leader:Africa Emerging Mkts</title><link>https://www.bloomberg.com/authors/AEDZ5EtY-Fo/vernon-wessels</link></image><generator>RSS for Node</generator><lastBuildDate>Mon, 20 Apr 2026 19:45:26 GMT</lastBuildDate><copyright><![CDATA[Copyright 2026 BLOOMBERG L.P. ALL RIGHTS RESERVED]]></copyright><language><![CDATA[en]]></language><atom:link href="https://www.bloomberg.com/authors/AEDZ5EtY-Fo/vernon-wessels.rss" rel="self" type="application/rss+xml"/><item><title><![CDATA[Nigeria’s Biggest Bank in Talks to Buy Atlas Mara Assets]]></title><link>https://www.bloomberg.com/news/articles/2020-12-02/nigeria-s-biggest-bank-is-said-in-talks-to-buy-atlas-mara-assets</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-12-02/nigeria-s-biggest-bank-is-said-in-talks-to-buy-atlas-mara-assets</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Wed, 02 Dec 2020 10:04:37 GMT</pubDate></item><item><title><![CDATA[Absa South Africa Rules Out Dividends With Profit Down 40%]]></title><link>https://www.bloomberg.com/news/articles/2020-11-19/absa-south-africa-rules-out-dividends-with-profit-seen-down-40</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-11-19/absa-south-africa-rules-out-dividends-with-profit-seen-down-40</guid><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Thu, 19 Nov 2020 06:31:23 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iS.AfSs86m8c/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iS.AfSs86m8c/v1/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>A new corporate logo sits on signs outside the Absa Group Ltd. headquarters office in Johannesburg, South Africa, on Tuesday, Aug. 7, 2018. Barclays Africa Group Ltd. has ditched the name to revert to Absa Group Ltd. as it severs ties with Barclays Plc, after the London-based company sold down the controlling stake it bought in 2005.</media:description></media:content></item><item><title><![CDATA[Old Mutual Swings to Loss as Virus Pounds South African Economy]]></title><link>https://www.bloomberg.com/news/articles/2020-08-24/old-mutual-swings-to-loss-as-virus-pounds-south-african-economy</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-08-24/old-mutual-swings-to-loss-as-virus-pounds-south-african-economy</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Mon, 24 Aug 2020 06:21:58 GMT</pubDate></item><item><title><![CDATA[Standard Bank Gains After Profit Slumps Less Than Expected]]></title><link>https://www.bloomberg.com/news/articles/2020-07-29/standard-bank-first-half-earnings-fall-as-much-as-50-on-virus</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-07-29/standard-bank-first-half-earnings-fall-as-much-as-50-on-virus</guid><category><![CDATA[technology]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Wed, 29 Jul 2020 06:15:28 GMT</pubDate></item><item><title><![CDATA[South Africa Insurers Mull Interim Relief for Virus-Hit Clients]]></title><link>https://www.bloomberg.com/news/articles/2020-07-24/s-african-insurers-to-mull-interim-relief-for-virus-hit-clients</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-07-24/s-african-insurers-to-mull-interim-relief-for-virus-hit-clients</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Fri, 24 Jul 2020 18:20:43 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iYXsxDdso368/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iYXsxDdso368/v1/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>A &apos;to let&apos; sits inside the retail unit of a recently closed craft store in the Hout Bay district of Cape Town, South Africa, on Friday, July 24, 2020. South Africa’s surging coronavirus infections and the resumption of rolling blackouts are clouding the outlook for the economy.</media:description></media:content></item><item><title><![CDATA[South African Mines Minister Mantashe Hospitalized With Virus]]></title><link>https://www.bloomberg.com/news/articles/2020-07-20/south-african-mines-minister-mantashe-hospitalized-with-virus</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-07-20/south-african-mines-minister-mantashe-hospitalized-with-virus</guid><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Mon, 20 Jul 2020 18:09:41 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iHTwX_oiFWsY/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iHTwX_oiFWsY/v0/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>Gwede Mantashe</media:description></media:content></item><item><title><![CDATA[S. African Insurers Can’t Use Lockdown to Block Claims]]></title><link>https://www.bloomberg.com/news/articles/2020-07-09/s-african-insurers-told-they-can-t-use-lockdown-to-block-claims</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-07-09/s-african-insurers-told-they-can-t-use-lockdown-to-block-claims</guid><category><![CDATA[world]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Thu, 09 Jul 2020 15:28:59 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i6_XIuYMzSew/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i6_XIuYMzSew/v1/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>A woman walks while carrying a food parcel at a food distribution by Meals on Wheels in Brapkan, Ekurhuleni, on July 6, 2020. - As Gauteng province&apos;s COVID-19 coronavirus infection rate soared to 63 404 positive cases on Sunday 5 July, Meals on Wheels South Africa continues preparing and delivering meals and food parcels to those in need in urban and rural communities. (Photo by Michele Spatari / AFP) (Photo by MICHELE SPATARI/AFP via Getty Images)</media:description></media:content></item><item><title><![CDATA[Mnuchin Hails AfDB Review After Spat With Nigeria Over Bank Head]]></title><link>https://www.bloomberg.com/news/articles/2020-07-03/mnuchin-hails-afdb-review-after-spat-with-nigeria-over-bank-head</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-07-03/mnuchin-hails-afdb-review-after-spat-with-nigeria-over-bank-head</guid><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Fri, 03 Jul 2020 07:51:54 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iwMPR7Auyn3k/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iwMPR7Auyn3k/v1/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>Akinwumi Adesina hugs President Donald Trump at the G7 in Taormina, Italy, in 2017. </media:description></media:content></item><item><title><![CDATA[Goldman, Apollo Among Creditors to Ailing Retailer Edgars]]></title><link>https://www.bloomberg.com/news/articles/2020-06-12/goldman-apollo-among-creditors-to-ailing-south-african-retailer</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-06-12/goldman-apollo-among-creditors-to-ailing-south-african-retailer</guid><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Fri, 12 Jun 2020 08:47:52 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iT4I81YtkaRg/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iT4I81YtkaRg/v0/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>A logo sits on price tags on pairs of jeans inside an Edgars fashion and homeware store, operated by Edcon Holdings Ltd., in Johannesburg, South Africa, on Monday, Feb. 4, 2019. Edcon Holdings is making progress toward securing 3 billion rand ($226 million) in funding to keep the South African clothing retailer afloat, with the Public Investment Corp. part of the ongoing talks. Photographer: Waldo Swiegers/Bloomberg</media:description></media:content></item><item><title><![CDATA[Africa’s Biggest Bank Expects 20% Profit Hit From Covid-19]]></title><link>https://www.bloomberg.com/news/articles/2020-06-04/firstrand-sees-full-year-profit-dropping-20-on-impairments</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-06-04/firstrand-sees-full-year-profit-dropping-20-on-impairments</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Thu, 04 Jun 2020 12:49:23 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iVnBDZxPtsNg/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iVnBDZxPtsNg/v1/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>Commercial office buildings, including the Transnet SOC Ltd. headquarters office, left, stand on the skyline in the the Central Business District (CBD) of Johannesburg.</media:description></media:content></item><item><title><![CDATA[Banks Told to Cut Lending Rates in South Africa]]></title><link>https://www.bloomberg.com/news/articles/2020-06-02/south-african-banks-under-pressure-to-cut-reference-lending-rate</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-06-02/south-african-banks-under-pressure-to-cut-reference-lending-rate</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Tue, 02 Jun 2020 12:14:49 GMT</pubDate></item><item><title><![CDATA[Bankers Stay Home as South Africa Inc. Prepares Return to Work]]></title><link>https://www.bloomberg.com/news/articles/2020-05-24/bankers-staying-home-as-south-africa-slowly-grinds-back-to-work</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-05-24/bankers-staying-home-as-south-africa-slowly-grinds-back-to-work</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Sun, 24 May 2020 04:00:00 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i.XGUq6OtZcE/v238/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i.XGUq6OtZcE/v238/-1x-1.jpg"/><media:description/></media:content></item><item><title><![CDATA[Standard Bank Profit Drops as Virus Spurs More Loan Defaults]]></title><link>https://www.bloomberg.com/news/articles/2020-04-22/standard-bank-profit-drops-as-virus-leads-to-more-loan-defaults</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-04-22/standard-bank-profit-drops-as-virus-leads-to-more-loan-defaults</guid><category><![CDATA[world]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Wed, 22 Apr 2020 07:15:21 GMT</pubDate></item><item><title><![CDATA[South Africa CEOs Heed President’s Call to Take Pay Cuts]]></title><link>https://www.bloomberg.com/news/articles/2020-04-15/ceos-heed-president-s-pay-cut-call-to-curb-virus-in-south-africa</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-04-15/ceos-heed-president-s-pay-cut-call-to-curb-virus-in-south-africa</guid><dc:creator><![CDATA[Roxanne Henderson]]></dc:creator><pubDate>Wed, 15 Apr 2020 14:02:57 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irkFzNtS.gQo/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irkFzNtS.gQo/v1/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>Cyril Ramaphosa, South Africa&apos;s president, speaks during a Bloomberg Television interview during the South African Investment Conference in Johannesburg on Wednesday, Nov. 6, 2019. Ramaphosa said his administration is on track to lure $100 billion in new investment within five years, with more than $16 billion already committed and many more projects in the pipeline.</media:description></media:content></item><item><title><![CDATA[South African Banks Cut Deeper Into Junk by Fitch on Virus]]></title><link>https://www.bloomberg.com/news/articles/2020-04-01/south-african-banks-cut-deeper-into-junk-by-fitch-on-virus</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-04-01/south-african-banks-cut-deeper-into-junk-by-fitch-on-virus</guid><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Wed, 01 Apr 2020 05:37:15 GMT</pubDate></item><item><title><![CDATA[South African Markets Cheer as Central Bank Injects Liquidity]]></title><link>https://www.bloomberg.com/news/articles/2020-03-20/south-africa-steps-in-to-help-its-banks-to-keep-money-flowing</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-03-20/south-africa-steps-in-to-help-its-banks-to-keep-money-flowing</guid><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Fri, 20 Mar 2020 07:40:08 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iGU04I8OqWLo/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iGU04I8OqWLo/v1/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>The South African Reserve Bank, South Africa&apos;s central bank, right, stands on the skyline in Pretoria, South Africa, on Tuesday, June 4 2019. South Africa’s central bank won’t bail out the country’s troubled state-owned companies including power utility Eskom Holdings SOC Ltd. because it would fuel inflation, Governor Lesetja Kganyago said.</media:description></media:content></item><item><title><![CDATA[Old Mutual Operational Performance Hurt by South African Economy]]></title><link>https://www.bloomberg.com/news/articles/2020-03-05/old-mutual-operational-performance-hurt-by-south-african-economy</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-03-05/old-mutual-operational-performance-hurt-by-south-african-economy</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Thu, 05 Mar 2020 08:43:56 GMT</pubDate></item><item><title><![CDATA[Standard Bank Sells Green Bonds in Biggest African Sale Yet]]></title><link>https://www.bloomberg.com/news/articles/2020-03-02/standard-bank-sells-200-million-10-year-green-bond</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-03-02/standard-bank-sells-200-million-10-year-green-bond</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Mon, 02 Mar 2020 12:37:49 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irYOpTjgjWbU/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irYOpTjgjWbU/v0/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description/></media:content></item><item><title><![CDATA[Goldman Gets South African Bank License in Expansion Drive]]></title><link>https://www.bloomberg.com/news/articles/2020-01-20/goldman-sachs-opens-bank-branch-in-south-africa</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-01-20/goldman-sachs-opens-bank-branch-in-south-africa</guid><category><![CDATA[markets]]></category><dc:creator><![CDATA[Jacqueline Mackenzie]]></dc:creator><pubDate>Mon, 20 Jan 2020 10:00:17 GMT</pubDate></item><item><title><![CDATA[Atlas Mara Deal With Kenya’s Equity Group Holdings Expires]]></title><link>https://www.bloomberg.com/news/articles/2020-01-02/diamond-s-plan-to-scale-down-in-africa-hits-snag-as-talks-waver</link><guid isPermaLink="true">https://www.bloomberg.com/news/articles/2020-01-02/diamond-s-plan-to-scale-down-in-africa-hits-snag-as-talks-waver</guid><category><![CDATA[world]]></category><dc:creator><![CDATA[Vernon Wessels]]></dc:creator><pubDate>Thu, 02 Jan 2020 06:52:41 GMT</pubDate><media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iKxyERc1W2jU/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg"><media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iKxyERc1W2jU/v1/piHJkQ_WoLj1E/-1x-1.jpg"/><media:description>Bob Diamond, chief executive officer of Atlas Merchant Capital LLC, listens during a Bloomberg Television interview in New York, U.S., on Tuesday, May 21, 2019. Diamond discussed leveraged lending and comments by Federal Reserve Chairman Powell.</media:description></media:content></item></channel></rss>