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| FNB eBucks and Pick n Pay have once again collaborated to provide further discounts to customers who use both companies regularly...read |
| | With easing inflation and potential global-rate cuts, South Africa may see a 0.25% interest-rate reduction...read |
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| KATJA HAMILTON The government plans to expand the zero-rated VAT food basket from 19 to 44 items, aiming to make essentials affordable for low-income households... Read |
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| | | LINDSEY SCHUTTERS Mining industry encouraged by structural reforms and infrastructure investment tabled in the medium-term budget speech… Read |
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Finance |
| Financial advisers should prioritise income protection for younger clients, as Bidvest Life’s 2023 Claims Report reveals millennials are significantly more likely to claim income protection than death benefits... Read |
Economy |
| Research released by retail analyst Trade Intelligence earlier this year indicated that township trade brings in about R200bn annually... Read |
| KOPANO GUMBI, TANNUR ANDERS AND OLIVIA KUMWENDA-MTAMBO South Africa's government expects larger budget deficits and rising debt despite better growth from improved electricity supply and investor confidence... Read |
| South Africa's National Treasury is reforming private-sector involvement in public infrastructure, creating a risk-sharing platform to attract investment and reduce risks... Read |
Financial Services |
| KEVIN BUCKLAND AND HARRY ROBERTSON The dollar retreated from a three-month peak as mixed US economic data dampened rate-cut expectations, while Bitcoin surged on speculation around Trump’s election prospects... Read |
| Russia’s cryptocurrency law, effective Friday, 1 November, 2024, regulates mining and taxes digital assets, allowing businesses to mine within specific frameworks, overseen by the Bank of Russia and Ministry of Finance... Read |
| Sanlam Investments Multi-Manager appointed Lethu Zulu as head of hedge funds, overseeing local and global portfolios. Zulu, a returning team member, brings extensive expertise in manager research, asset allocation, and portfolio management... Read |
| KGOMOTSO ZAAKE In times of uncertainty, consumers are more deliberate about where and how they spend their money... Read |
Fintech |
| ISSUED BY STITCH MONEY WigWag, a leader in e-commerce payments, is thrilled to announce the launch of several new payment options... Read |
Markets & Investment |
| ISSUED BY MESH TRADE By combining in-depth research with expert portfolio management, Λnβro delivers diversified and well-structured portfolios that cater to the diverse needs of South African investors... Read |
| Experts express cautious optimism toward Chinese equities due to expected fiscal stimulus but stress structural reforms, including debt management and market confidence, are essential... Read |
Taxation & Regulation |
| KENT DAVIS AND ANéL DE MEYER R475m, R210m, R59m, these are not lottery-winning jackpot amounts. They are some of the eye-watering administrative penalties that have recently been imposed by the Financial Sector Conduct Authority and the Prudential Authority during 2024... Read |
Venture Capital |
| Albertinah Kekana, chief executive officer of Royal Bafokeng Holdings, wins RMB's Africa Fearless Thinker award for pioneering leadership and championing gender equality at GMAs... Read |
Africa |
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| The investment also includes the installation of a water treatment plant with water recovery technology, designed to reduce water consumption... Read |
Business |
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| LINDSEY SCHUTTERS Minister of Minerals and Petroleum Resources, Gwede Mantashe, announced the fuel price increase in November… Read |
| LAILA KEARNEY Oil prices hover near one-month lows, as markets weigh potential Middle East ceasefire, rising OPEC+ supply, and US fuel stock declines... Read |
| The October 2024 new passenger car market at 34,228 units had registered an increase of 4,331 cars... Read |
| The Media Development Investment Fund (MDIF) has exited South Africa’s Mail & Guardian M&G ending its 22-year association with the company... Read |
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