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| Mama Money launched a bank card enabling users to manage finances via WhatsApp, supporting underserved communities with accessible banking services through Pick n Pay... read |
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| Sanlam appoints Shadi Chauke as Group Executive: Market Development and Sustainability, leveraging her 20+ years’ experience to drive growth, social impact, and transformation across Africa.read |
| | South Africa's finance sector faces a shortage of 20,000 chartered accountants. SAB and SAICA’s DynamX programme aims to expand CA pipelines, offering practical training, mentorship, and career opportunities...read |
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| Digital wallets are revolutionising payments, enhancing customer engagement, and providing new revenue streams for businesses... Read |
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| ISSUED BY VERICRED CREDIT BUREAU VeriCred Credit Bureau (VCCB) has already carved out a solid niche in this saturated market by prioritising agility and innovation... Read |
Finance |
| ISSUED BY BIZCOMMUNITY.COM Bizcommunity Recruitment platforms, used by hundreds of recruiting companies and specialist recruiters to find candidates from graduate and entry level to senior and executives... Read |
| Citadel foresees continued sticky inflation, a strengthening dollar and strained global trade relations as a result of Donald Trump’s proposed ‘America First’ protectionist policies... Read |
| South Africa’s efforts to shift towards a low emissions economy have been strengthened by the conclusion of the negotiations for a R7.6bn loan for the implementation of the country’s just energy transition plan the Agence Française de Développement... Read |
Banking |
| Standard Bank and Soapbox announce the successful conclusion of the SDG Challenge South Africa, promoting sustainable practices in business and banking sectors... Read |
| Absa reports a 25% surge in e-commerce turnover, with fewer high-value transactions driving online growth. Black Friday spending expected strong, with digital wallets peaking... Read |
| The bank will create engagement platforms with local SMEs, where they will provide insights, tools, and networking opportunities... Read |
Economy |
| High interest rates are causing South Africans to lose homes and face financial hardship and stagnating economic growth despite falling inflation... Read |
| New retail statistics highlight a significant opportunity for South African retailers to build on the momentum of Black Friday and end the year on a high note... Read |
Financial Services |
| For a limited period, customers will earn crypto rewards when they pay using Luno Pay at any Pick n Pay store across South Africa... Read |
| Binance’s $5bn November inflows and record user engagement emphasise digital assets’ growing role in finance, fueled by post-election interest and rising crypto prices... Read |
| AfriCatalyst's report highlights the need for multilateral development banks to allocate 2.4% of assets annually for methane reduction, addressing Africa's environmental and health challenges... Read |
| South Africans increasingly explore foreign pensions to diversify wealth, secure assets internationally, and navigate currency risks within regulatory frameworks... Read |
Markets & Investment |
| Bond markets navigate uncertain waters amid political transition... Read |
| The rand's recent gains against the dollar benefit consumers and businesses but are vulnerable to fluctuation... Read |
| The seventh African Agri Investment Indaba, taking place on 19-20 November 2024 at the Cape Town International Convention Centre, will showcase the Investor Discovery Sessions (IDS), connecting investors with over $1bn in vetted agricultural projects across Africa... Read |
| ISSUED BY SAPPI In a strong demonstration of its ongoing commitment to supporting investment in KwaZulu-Natal, Sappi Southern Africa has pledged to invest R10.8bn in the province over the next five years... Read |
| LINDSEY SCHUTTERS Deputy finance minister visited the National Construction Summit to deliver a R63bn Construction Mafia warning… Read |
Taxation & Regulation |
| ESTHER VAN SCHALKWYK For years, Sars has taken a strict view of what constitutes a “bona fide inadvertent error” – a golden ticket that allows taxpayers to avoid understatement penalties ranging from 10% to 200% of the tax shortfall... Read |
| SHANNON FRIEDMAN Modernising Vat reporting systems improves South Africa's fiscus, boosts investment, and supports public services, reducing Vat leakage and enhancing compliance... Read |
Business |
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| EVAN-LEE COURIE Black Friday is just around the corner, and here's what shoppers can expect from some of the retail brands... Read |
| SFUNDO PARAKOZOV South African food producer Premier Group has R1.1bn available for acquisitions, it said on Tuesday, 12 November 2024, after reporting a 32.4% rise in interim profit. Read |
| GINA CATALANO The rise of remote and hybrid work models has fundamentally altered the traditional workplace, particularly for sales professionals. While this shift offers flexibility and autonomy, it also presents unique challenges... Read |
| NQOBILE DLUDLA South African fashion retailer TFG reported a drop in half-year profit last week as inflation hit consumer spending, but said sales had since turned higher as positive economic signals helped buoy demand... Read |
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| The University of Cape Town Graduate School of Business (GSB) is recognised as one of the best business schools in the world. Its innovative approaches to teaching and learning and commitment to relevance and social impact set it apart from most. |
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