Capitec reports increase in customers amid digital boost.
Business Reporter. Capitec Bank has published its financial results for the half-year period ended August 2022, showing a 17% growth
Business
Bain & Co barred from SA government contracts over ‘grave misconduct’.
By Lehlohonolo Lehana. The global management consultancy Bain & Company has been barred from tendering for South African government contracts
Converge 2022 to showcase real-world digitalisation in mining.
By Lehlohonolo Lehana. Digitalisation has evolved rapidly from a future-focused ambition to a strategic imperative. Businesses that continue to lag
Capitec launches prepaid data and airtime service offering,R45 per Gigabyte.
By Lehlohonolo Lehana. Capitec has launched Capitec Connect - a prepaid solution for voice, data and SMS. It joins rivals Standard
Economists send warning to consumers after repo rate hike.
Business Reporter. The South African Reserve Bank’s Monetary Policy Committee (MPC) has hiked the repurchase rate (repo rate) by 75
Johann Rupert’s Remgro to sell stake in TotalEnergies.
By Loni Prinsloo and Paul Burkhardt. South African billionaire Johann Rupert’s investment vehicle, Remgro Ltd., is planning to sell its
SA’s newest budget airline Lift launches flights to Durban.
By Lehlohonolo Lehana. @GalloImages. Domestic airline Lift, has added a second route to its operations for the first time, offering
Reserve bank hikes another 75 bps bringing repo rate to 6.25%.
By Lehlohonolo Lehana. The South African Reserve Bank (SARB) raised interest rates for a sixth meeting running as it moved
South Africa unlikely to avoid the grey list despite government efforts |Experts.
Business Reporter. Despite the government’s best efforts to fast-track reforms and make urgent changes to the country’s financial regulations, the
South Africa’s inflation dips to 7.6% in August.
By Lehlohonolo Lehana. South Africa’s headline consumer inflation fell to 7.6% year on year in August, data showed on Wednesday, suggesting
Eskom launches three programmes to procure 1 000 MW to bolster capacity.
By Lehlohonolo Lehana. Eskom has launched three programmes to procure more than 1 000 MW for the national grid, which
Ramaphosa promises to ‘remain seized’ with resolving power crisis.
By Lehlohonolo Lehana. President Cyril Ramaphosa has acknowledged that priority has to be given to solving the electricity crisis if