Capitec bank reaches 20-million clients milestone.
By Lehlohonolo Lehana. Capitec has cemented its status as SA’s largest retail bank by customer numbers with the announcement that
Business
MultiChoice shares plunges almost 15% flagging South Africa’s outlook.
By Lehlohonolo Lehana. MultiChoice has warned of a significant deterioration in the operating environment in South Africa that is set to
Reserve Bank launches new payment system – which could help wean South Africans off cash.
By Lehlohonolo Lehana. The South African Reserve Bank (SARB) and clearing house BankservAfrica launched a new rapid payment programme, Payshap.
Mobile operator MTN takes R695-million hit from load shedding.
By Lehlohonolo Lehana. MTN Group has moved to quantify the impact of load shedding on its South Africa’s operations earnings, saying
Ballito Junction to enhance its offering with a major upgrade to cornerstone section.
Business Reporter. Ballito Junction, the popular regional mall on KwaZulu-Natal’s north coast, has announced plans to upgrade the original section
South Africa’s banks bleed after US lender slumps 60%.
Business Reporter. (AFP) – The world’s biggest banks took a stock market beating on Friday as signs of trouble at
S&P downgrades South Africa’s outlook as energy crisis weighs.
By Akriti Sharma. S&P Global Ratings said late on Wednesday it downgraded its outlook on South Africa to stable from
Standard Bank’s load shedding bill ballooned to R72 million in FY22.
Business Reporter. Financial Services group Standard Bank says that its fuel costs to combat load shedding ballooned from R18 million
Former FNB CEO Michael Jordaan makes massive push into Artificial Intelligence.
Business Reporter. Former FNB chief executive and prolific tech investor Michael Jordaan has announced two new ventures, both focusing on
South Africa’s economy contracts 1.3% q/q in fourth quarter.
By Lehlohonolo Lehana. South Africa’s economy contracted 1.3% in the fourth quarter compared with the previous three months, as rolling
Rand options signals seginning of end for dollar’s stellar run.
By Robert Brand. Traders in options on South Africa’s rand are starting to bet that King Dollar’s best days are
Tax Statistics highlights total revenue collection increased over five years.
Business Reporter. The South African Revenue Service (SARS) collection over a period of five years has increased from R1 216.5 billion in 2017/18