| |
 | South Africa's "Big Four" banks faced a R27.1bn bad debt loss in early 2024. Rising interest rates have strained household and small business finances, driving defaults and increasing credit impairments... read |
|---|
|
|
|---|
|
 | | Orabank partners with Network International to elevate digital payment services in Francophone Africa...read |
|  | | Pay with crypto almost anywhere in South Africa as Luno Pay expands its reach with Zapper integration…read |
|
|---|
|
 | NELLIE PEYTON South Africa is introducing reforms to its strict visa regime to bring in more skilled workers and tourists, Home Affairs Minister Leon Schreiber said, signalling a shift away from past immigration policies that critics have labelled xenophobic... Read |
 | ISSUED BY EQVEST Union Credit, a leading provider of innovative financial solutions for businesses across South Africa, is proud to announce its continued commitment to empowering businesses... Read |
 |
|
| Banking |
 | ANDRE ROMANI Petrobras will acquire a 10% stake in South Africa's Deep Western Orange Basin oil block, with Total retaining a 40% share... Read |
 | The South African Reserve Bank imposed sanctions on Bidvest Bank and HSBC for regulatory non-compliance. Bidvest faces a R5m fine, while HSBC was fined R9.5m. HSBC exited South Africa last month... Read |
 | Bulawayo residents urge law enforcement to strengthen security after a $4m Ecobank heist... Read |
| Economy |
 | BHARGAV ACHARYA South Africa's private sector grew in September, driven by rising business activity, easing inflation, and strong wholesale and retail performance, S&P reports... Read |
 | The latest edition of the Essential Food Pricing Monitoring (EFPM) Report released by the Competition Commission (Commission) continues tracking essential food prices throughout the value chains of selected essential food items... Read |
 | The role of Small and Medium Enterprises (SMEs) in driving economic diversity and fostering innovation to boost competitiveness is critical... Read |
 | MARECIA DAMONS Most applicants have never had a job... Read |
 | South Africa’s R750bn township economy is experiencing a shift towards cashless transactions, offering small and medium-sized businesses new opportunities for growth... Read |
| Financial Services |
 | MTHO MAPHUMULO When employees are dismissed or abscond following suspected theft or misappropriation of funds, ex-employers often attempt to recover the lost funds from the ex-employee's pension benefits... Read |
 | Liberty launches innovative cancer cover as part of its latest health-insurance enhancements, providing comprehensive support and protection for policyholders... Read |
| Markets & Investment |
 | ALUN JOHN AND KEVIN BUCKLAND The 10-year Treasury yield reached 4% after strong labor data eased recession fears, impacting rate-cut expectations and supporting the dollar and equities... Read |
| Africa |
|
 | TAMARA DINI, RICHARD BRYCE, AND NAZEERA MIA The Ecowas Regional Competition Authority (ERCA) is taking its final steps towards becoming fully operational, marking a new era of competition law enforcement in the Ecowas region... Read |
| Business |
|
 | TANNUR ANDERS Spar appointed Moegamat Reeza Isaacs as chief financial officer, effective Wednesday, 1 January 2025, succeeding Mark Godfrey. Isaacs brings finance experience from Woolworths... Read |
 | The number of people drinking coffee daily is down 10% from last year, but half of all South Africans still start their day with coffee... Read |
 | National Treasury has called for nominations of candidates to serve on the boards of directors of the Public Investment Corporation, Sasria and the Land and Agricultural Development Bank... Read |
 | NICOLA MULLINEUX AND EMMA MEYER Where a director has been removed by the board of directors of a company, they are given 20 business days to apply to court to have the resolution reviewed... Read |
 | COLIN WILLIAMSON From ESG milestones to significant cost savings, the business benefits of tech regeneration are something every company in South Africa needs to be prioritising... Read |
| Featured Press Office of the day | More | Join |
|
|
 | Complete business management and ERP software. Rely on QuickEasy BOS ERP to efficiently manage your business's finances, distribution, manufacturing, sales, and people. |
| Jobs offered |
|
|
|
