Big Business

Goldman Sachs appoints Stephen Scherr as new CFO
Big Business

Goldman Sachs appoints Stephen Scherr as new CFO

Goldman Sachs Group has named Stephen Scherr as its new Chief Financial Officer replacing Martin Chavez. The bank also named John Waldron as its president and chief operating officer. Waldron’s appointment will be effective Oct. 1 once David Solomon takes over from outgoing Chief Executive Officer Lloyd Blankfein, while Stephen […]

South Africa may intervene in MTN Nigeria’s case
Big Business

South Africa may intervene in MTN Nigeria’s case

The South African government is said to be ready to intervene in a dispute between telecoms company MTN Group and the Nigerian government, if MTN asks for help, South Africa’s Telecommunications Minister Siyabonga Cwele Reuters report. The Central Bank of Nigeria had alleged improper dividend repatriations by MTN Nigeria through […]