Banking industry working with SA Reserve Bank to avoid greylisting.
By Lehlohonolo Lehana. South Africa is at great risk of being subject to increased monitoring (greylisted) by the Financial Action
Business
Oil resumes drop with possible return of Iran supply in focus.
By Yongchang Chin. Oil fell at the start of the week with investors weighing the prospect for more Iranian supply as
Low-cost airline Flysafair launches WhatsApp check-in.
By Lehlohonolo Lehana. FlySafair has added new features to its WhatsApp business account, allowing passengers to search for their booking
Standard Bank Group delivers record headline earnings of R15.3bn.
By Lehlohonolo Lehana. Standard Bank Group, has delivered record earnings in the first half of 2022. The bank published its half-year
South Africa ‘confident’ over TotalEnergies Gas development plan.
By Paul Burkhardt. South Africa expects TotalEnergies SE to submit a production plan within weeks to utilize a prolific offshore
Significant increase in capital investment needed |Godongwana.
By Lehlohonolo Lehana. Finance Minister Enoch Godongwana says the public and private sectors need to significantly increase capital investment to
SA Reserve Bank says above-inflation wage deals risk causing a price spiral.
Business Reporter. The South African Reserve Bank (SARB) warns that above-inflation wage negotiations could lead to price-spiral and a tighter
Telkom is now providing up to R5m in funding for small businesses.
By Lehlohonolo Lehana. Telkom has become the latest telecommunications operator to muscle into the banks’ traditional area of expertise, this time
Tiger Brands to buy first 2 MW of solar from IPPs as part of renewables ramp-up.
By Lehlohonolo Lehana. Food and beverage manufacturer Tiger Brands is moving to procure 2 MW of solar across four manufacturing sites as
SA can avoid greylisting of financial services sector |Kganyago.
By Lehlohonolo Lehana. SA Reserve Bank governor Lesetja Kganyago says South Africa can avoid possible greylisting if it were to implement
Financial services group Absa posts 30% rise in interim profits.
By Lehlohonolo Lehana. Absa financial services group on Monday published interim financial results for the period ended June 2022 showing its
Cosatu plans strike next week against load shedding, rising prices.
By Lehlohonolo Lehana. Photo Credit: Thulani Mbele. Labour federation will hold a national strike on 24 August against the rising