Vodacom’s interim profit jumps 32% on solid service revenue.
By Siyanda Mthethwa and Nqobile Dludla. Vodacom Group, South Africa’s biggest telecoms operator, reported a nearly 33% jump in interim
By Siyanda Mthethwa and Nqobile Dludla. Vodacom Group, South Africa’s biggest telecoms operator, reported a nearly 33% jump in interim
By Lehlohonolo Lehana. The Prudential Authority (PA) fined Discovery Bank R3 million and imposed administrative sanctions for breaches of the
By Nqobile Dludla. South Africa’s TFG said on Friday it will tighten costs and close underperforming stores after erratic monthly
By Loni Prinsloo. Vodacom Group’s settlement of a former employee’s claim for compensation is expected to cost the company about
By Loni Prinsloo. Former Vodacom Group Ltd. executive Romeo Kumalo’s investment firm plans to raise a $200 million fund to
By Khuleko Siwele and Loni Prinsloo. AI-powered fintech firm Optasia Group is eying expansion in Africa, Asia and Latin America
By Lehlohonolo Lehana. South African digital bank TymeBank has appointed Cheslyn Jacobs as its new Chief Executive Officer (CEO), who
By Sfundo Parakozov. South Africa’s manufacturing sentiment deteriorated in October, dragged down by subdued domestic demand and sluggish exports, a
By Anathi Madubela and Sfundo Parakozov. @GettyImages. The South African rand weakened this week, along with other emerging market currencies,
By Khuleko Siwele. South African equities are on track for their longest monthly winning streak since early 2013, buoyed by
By Lehlohonolo Lehana. The pan-African financial services group Old Mutual has agreed to secure a majority stake in 10X Investments
By Prinesha Naidoo. Ninety One Plc, South Africa’s biggest asset manager, sees “huge” opportunities in Middle Eastern credit markets as