Chapter twenty threeChapter twenty three
The symbol of that triumph was Nelson Mandela, long a political prisoner, head of the African National Congress, and the country’s first black African president. He is shown here voting in that historic election
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The term Merchant Banking has its origin in the trading methods of countries in the late eighteenth and early nineteenth century when trade-taking place was financed by bill of exchange drawn by merchanting housesThe term Merchant Banking has its origin in the trading methods of countries in the late eighteenth and early nineteenth century when trade-taking place was financed by bill of exchange drawn by merchanting houses
Merchant Banks have entered into the other areas of operations. Their role is wide ranging and they can now provide most of the financial services required by a company
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