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| ISSUED BY JNPR With Africa's merchandise imports reaching a staggering $706bn in 2022, international merchants are eyeing new markets on the continent. However, in South Africa, current exchange control regulations create barriers for global businesses wishing to transfer money out of the country... Read |
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| Three experts give predictions for this year's Medium-Term Budget Policy Statement, the first presented by the new Government of National Unity... Read |
| ANDRE CILLIERS Andre Cilliers, Currency Strategist at TreasuryONE gives five key factors that could influence the market. Read |
Accounting & Auditing |
| ISSUED BY INTUIT QUICKBOOKS Join the QuickBooks team on Friday, 8 November at The Vineyard, Cape Town, for the Accounting Leaders Forum... Read |
| ISSUED BY SAICA “Mr. Zuckerberg, would you be comfortable sharing with us the name of the hotel you stayed in last night?” This was a question asked to the CEO of Facebook during senate hearings in 2018... Read |
| ISSUED BY AICPA & CIMA The AICPA Foundation has launched the Barry C. Melancon Professional Accounting Research Fellowship to support the next generation of accounting and finance professionals with the skills... Read |
Banking |
| African Bank's CEO, Kennedy G Bungane is the 2024 All Africa Business Leaders Awards’ (AABLA) Business Leader of the year... Read |
Economy |
| Black Friday 2024 shopping season is projected to give the South African economy an R88bn shot in the arm... Read |
| The South African Reward Association (Sara) has predicted light on the horizon for workers, with an estimated average salary increase of 6% forecast in 2024/2025... Read |
| The Brics summit emphasised UN principles, expressed concern over Ukraine and Middle East violence, condemned sanctions, and supported financial reforms and co-operation initiatives... Read |
| As inflation falls, discount hunting remains ever-present among South African consumers... Read |
| Easing inflation levels, fuel-price relief and lower interest rates give a boost to salary earners and their spending potential ahead of big year-end shopping days... Read |
| KATJA HAMILTON In his opening address at the Brics Summit, President Cyril Ramaphosa emphasised inclusive economic growth and equitable development for the Global South, calling for stronger partnerships among Brics nations... Read |
| WPP’s third-quarter results show a strong performance from GroupM and highlight its winning of the Amazon media account... Read |
| MICHAEL LEVINSOHN Across various industries, particularly retail, travel, finance and hospitality; the significance of loyalty programmes is on the rise. Loyalty or reward programmes offer benefits to customers for supporting a certain brand... Read |
| VLADIMIR SOLDATKIN At the Brics summit, Putin warned of Middle East conflict escalation, while leaders discussed Ukraine and peace efforts, with limited outcomes... Read |
| SFUNDO PARAKOZOV Clicks Group reported 14.3% growth in full-year profit, at the upper end of its forecast range, driven by strong margins and cash flow generation... Read |
| According to the 2023 Gartner Consumer Cost-of-Living and Price Sentiment Survey, 90% of consumers sought cheaper alternatives in at least one product category, while a third reported significant financial strain... Read |
| According to data analytics firm Euromonitor International, consumers are expected to indulge in Halloween fun this season, but with an eye on affordability... Read |
Education & Training |
| Sanlam just launched a marketing campaign like no other, disguising financial education as a hilarious stand-up comedy show... Read |
Financial Services |
| The solution makes use of a QR code and a digital wallet. Customers scan a QR code presented by their attendant to pay a tip... Read |
Fintech |
| NQOBILE DLUDLA Huawei Cloud plans to launch more solutions to capture a larger market share in SA... Read |
| The digital transformation of sub-Saharan Africa’s economy will not be complete without a focus on helping the region’s hundreds of thousands of small, micro and informal merchants to digitalise their businesses... Read |
| Visa has committed an investment of $1bn in Africa to accelerate digital transformation... Read |
Insurance & Actuarial |
| ISSUED BY METROPOLITAN LIFE Officially launched on 18 October 2024, this collaboration will introduce, as a start, a customised funeral insurance product, specifically co-created to meet the cultural and religious needs of the church members... Read |
| SINEAD CRUISE Global commercial insurance rates fell 1% in Q3 2024, driven by increased competition, marking the first decline in seven years, according to Marsh... Read |
Markets & Investment |
| Brics and Brics+ countries are leading nuclear energy growth, aiming to comprise two-thirds of global nuclear expansion by 2030 through collaboration, innovation, and shared expertise. Read |
| The Middle East conflict raises concerns about oil prices and global supply, with potential inflationary effects and interest rate implications if disruptions escalate... Read |
| TANNUR ANDERS AND BHARGAV ACHARYA President Ramaphosa reaffirmed South Africa's alliance with Russia during a meeting with Putin before the Brics summit in Kazan, highlighting historical support... Read |
| CONNIE BLOEM, ISSUED BY MESH TRADE A prolonged period of no load shedding and a government of national unity that appears to be holding steady has infused the economy with a sense of optimism... Read |
| Global investors are focusing on deglobalisation, disruption, and decarbonisation, increasing exposure to global and private equity despite election-cycle noise... Read |
| NQOBILE DLUDLA South African retailer Pick n Pay, which is listing its discount grocery chain Boxer in Johannesburg through an initial public offering, said on Monday, 28 October 2024, that the base size of the IPO would be towards the upper end of its guidance... Read |
Africa |
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| CAMILLUS EBOH A Nigerian court on Wednesday ordered the release of Binance executive Tigran Gambaryan after the government dropped money laundering charges against him to allow him to get medical treatment abroad... Read |
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