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| According to the 2023/4 Truth & BrandMapp Loyalty Whitepaper, 76% of South African consumers use loyalty programmes, up by three percentage points from 2022...read |
| | Float is a new payment method that encourages responsible credit card usage...read |
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| LINDSEY SCHUTTERS Mazars and Binance weigh in on the 59 Crypto Asset Service Provider licenses granted by the FCSA... Read |
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| | | VIS GOVENDER Insurance brokers provide vital financial protection. Technology enhances their role, automating tasks, expanding choices, and improving client service... Read | | BOHANI HLUNGWANE AND OVIZIKHUNGO SICWETSHA Addressing Africa's trade finance gap: strategic steps for 2024 resilience and sustainability... Read |
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Accounting & Auditing |
| German software company, SAP, has been ordered by the Special Tribunal to pay some R500m to the Special Investigating Unit (SIU) within seven days following a settlement reached between the company and the unit... Read |
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Banking |
| CEO of African Bank receives prestigious African Banking Leadership Award at the African Leadership Magazine Awards in Ethiopia... Read |
| RMB Ventures and Bopa Moruo acquire majority stake in Icon Oncology, a leading cancer treatment provider in South Africa, pioneering value-based care... Read |
| DUNCAN MIRIRI Kenya's KCB Group plans to sell National Bank of Kenya to a Nigerian buyer, driving KCB shares up 7%. Financial concerns cited... Read |
| Credit Agricole refuses funding for two LNG projects due to environmental concerns, prompting stricter lending policies among major banks... Read |
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Economy |
| 44% of South African consumers feel they are in a worse financial position compared to a year ago; 82% say that increased costs of living are to blame for their recent financial struggles; 62% state they are worse off due to the economic slowdown... Read |
| BERTIE JACOBS, ISSUED BY NORTH-WEST UNIVERSITY (NWU) According to Professor Waldo Kruger, an economist at the North-West University (NWU), the country’s ailing economy calls for some out-of-the-box remedies... Read |
| February sees 2.5% rise in average salary... Read |
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Education & Training |
| ISSUED BY CFO SOUTH AFRICA Finance professionals will learn how to harness generative AI in their work with this ChatGPT masterclass, hosted by Maarten de Borst and CFO South Africa... Read |
Financial Services |
| Goslar brings extensive experience in the emerging market fintech space, most recently as CEO of Jumo Africa... Read |
| SIDSSA 2024 showcased six infrastructure and finance-focused deals aiming to boost South African projects through strategic partnerships and collaborations... Read |
| Discovery presented robust half-year results, highlighting operational break-even for Discovery Bank ahead of schedule... Read |
| ISSUED BY MATTE BLK Global Money Week, from 18-24 March 2024, is an annual global awareness-raising campaign on the importance of ensuring that we are financially aware from an early age into adulthood... Read |
Fintech |
| M-Pesa Safaricom has partnered with Onafriq to streamline remittance flows into Ethiopia... Read |
Insurance & Actuarial |
| iTOO Special Risks has announced the introduction of its aviation insurance offering, hailed as a game-changer for both the speciality insurance and aviation sectors. The move aims to capitalise on the burgeoning local and African aviation markets...
" Read |
| ARCHISHMA IYER AND RISHAV CHATTERJEE Prudential reports 8% profit increase, declares cash dividend for 2023. Positive sales in Asia and Africa drive revenue growth. CEO confident in 2027 objectives... Read |
Markets & Investment |
| SIMON JESSOP Development lender British International Investment said on Monday, 25 March, it had agreed to a $100m finance facility with the Eastern and Southern African Trade and Development Bank to boost trade finance, farming and food security in the region... Read |
| NQOBILE DLUDLA MTN annual profit slumps on Nigeria naira devaluation despite decent revenue growth... Read |
Africa |
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| Jordi Vila is a 30-year Nissan veteran with extensive experience in sales and marketing in leading roles both at regional headquarters and markets... Read |
| EMMA FARGE WTO struggles to find ambassador for dispute system reform talks. Ambassadors decline replacement proposal... Read |
Business |
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| Reddit's shares ended their first trading day in New York with a 48% increase... Read |
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