Blue Media Articles

Blue Financial returns to profit

Blue Financial Services planned a prudent lending approach to eliminate impairments and bad quality loans even if this meant slow growth to its loan book, the pan-African financial services provider said yesterday.

Former Blue Financial CEO speaks: Dave van Niekerk – former CEO, Blue Financial

HILTON TARRANT: A crippling loss of R1bn for the year to February 2010 saw the then market darling, Blue Financial Services, practically hit the wall.

Old Mutual confirms fraud report on Mayibuye Group

OLD Mutual confirmed last week that allegations of fraud within the Mayibuye Group, which is the controlling shareholder of JSE-listed pan-African lender Blue Financial Services, had been reported.

Blue Financial Services’ shares suspended on JSE

PAN-African lender Blue Financial Services has delayed publishing its financial results for a second year in a row, leading to the voluntary suspension of its shares on the JSE on Wednesday.