Kganyago says its too early to call SA’s inflation peak.
By Kamlesh Bhuckory. South Africa’s Reserve Bank governor said it’s too early to call the peak of inflation that’s running at
Business
Eskom implement stage 3 load shedding all weekend as another 5 units trip.
By Lehlohonolo Lehana. Stage 3 load shedding will be implemented from 14:00 on Friday until 05:00 on Monday morning, Eskom
Hong Kong market fuels speculation over Naspers-owned Prosus stake in Tencent.
By Jeanny Yu and John Cheng. Tencent Holdings shares worth $7.6 billion ((R132-billion) appearing in Hong Kong’s clearing and settlement
Sanlam interim results for six months shows a decline in headline earnings.
By Lehlohonolo Lehana. Sanlam Group on Thursday published interim Results for the six months ended June 2022, showing a decline
Oil plunges to lowest since January as demand concerns escalate.
Business Reporter. Oil fell to the lowest since January on concern a global slowdown will cut demand in Europe and
Discovery Bank reports R1-billion loss but says business on track.
By Lehlohonolo Lehana. Financial services giant Discovery on Wednesday (7 September) pointed to a positive operating performance from its established
African Bank launches new loyalty programme for its clients.
Business Reporter. African Bank says it has launched a new loyalty programme, Audacious Rewards, with the aim to improve the
Shoprite’s annual profit rises as inflation-hit consumers drive demand.
Business Reporter. Shoprite Holdings on Tuesday delivered another robust full-year performance, with double-digit growth in headline earnings and dividends for the
Old Mutual buys full stake in specialist insurer Genric.
Business Reporter. Old Mutual Insure on Monday (5 September), announced a 100% acquisition of Genric Insurance Company, a licensed non-life
Petrol price to drop by R2.04 per litre from Wednesday.
By Lehlohonolo Lehana. The Department of Energy has published the latest fuel price update for September, showing a sizeable cut
South Africans to see changes to the country’s coins in 2023.
By Lehlohonolo Lehana. South Africans can expect to see big changes to the country’s coins next year. In a
Consumers prefer ‘face to face’ despite embrace of digital solutions |Brown.
Business Reporter. South African banks are becoming more digitised, opening the door to full online banking; however, many argue that