Latest News & Developments
Despite an improved economic environment in 2024, South Africa's major banks face challenges, including squeezed margins and declining consumer confidence.
Explore how diversity initiatives, technological advancement, and cultural alignment are revolutionising the executive search landscape in South Africa and globally. Industry expert Jeremy Bossenger breaks down these crucial trends and their impact on modern recruitment practices. "
South Africa stands at the forefront of a financial revolution where blended finance is reshaping the investment landscape. From pension funds to individual investors, discover how this innovative approach is bridging the gap between profit and sustainability, offering unprecedented opportunities for both local and international stakeholders in Africa's largest economy.
Major businesses face power cuts as Tshwane's R30 billion debt recovery campaign sparks outcry, with the Capital City Business Chamber urging for collaborative solutions instead of confrontational tactics.
Molefe called for urgent legislative intervention to regulate banking practices, arguing that banking is a public service and should be governed by laws that protect consumers from arbitrary and unfair treatment.
Standing committee on finance chairperson Joe Maswanganyi said the finance standing committee has repeatedly expressed concerns regarding the lack of urgency in addressing financial exclusion and gradual transformation within the financial sector.
PPC's R3 billion investment in a new cement plant in the Western Cape promises to boost local jobs and infrastructure, marking a significant step towards economic growth in the province.
Gauteng Finance MEC Lebogang Maile has announced that the province has received more than 21,000 applications for spaza shop registration, with an increase coming from foreign nationals.
Instead of victimising, banks should be providing financial support, mentorship, and guidance to help black entrepreneurs succeed. By doing so, they can promote economic growth, create jobs, and reduce inequality.
Its vagueness have allowed banks to evade transparency and accountability, leaving individuals and businesses exposed to financial and economic exclusion and degradation.
EFF leader Julius Malema criticised the food inspection raids that have been conducted by government officials, mainly targeting spaza shops, and called for them to be conducted in large retail stores.
Netizens flocked to the comment section on his X (Twitter) account, accusing him of a publicity stunt, rather than addressing the rise of food poisoning incidents.
The Capricorn District business registration centre in the province has received over 300 applicants, with the majority being foreign nationals.
The Farmyard project was launched in May, by the then MEC, Mbali Hlophe, targeting youth and women with the intention of promoting healthy diets in townships, hostels and informal settlements.
The driving force behind the fund was to empower black-owned, women-owned, youth-owned businesses, as well as enterprises from rural areas, and playing a critical role in fostering inclusive economic growth in the country.
With 2024 on track to be the hottest year on record, COP29 begins amid fierce debates on climate finance, fossil fuel influence, and carbon emissions.
South African AI startup Botlhale wins prestigious Momentum success pitch 2024
The committee called for the SAPS to consider body cameras as a technological intervention to reduce civil cases against the organisation.
Cassper Nyovest showed public support for Drip Footwear founder Lekau Sehoana, whose business faces liquidation due to financial difficulties.
A surprise power supply disconnection by City Power, aiming to recover R36. 2 million, has left 11 businesses and one residential complex in the dark, and sparked outrage from some business owners claiming that they have paid their electricity bills.
SAPS top management has wished Lieutenant Colonel Kgothatso Khunou and Captain Zeldah Ntuli well ahead of the Forty Under 40 Awards ceremony taking place on Saturday evening in Kempton Park.
The Gauteng Provincial Government paid its first instalment of R20 billion debt to Sanral earlier this week.
Corporate power must be wielded with responsibility and accountability. If Nedbank does not reverse its course, this issue will inevitably escalate, says the writer.
In the end, what matters most is transparency and truth. Despite the relentless media campaign, AYO has not been found guilty of any wrongdoing, says the writer.
South Africa's ambitious Just Energy Transition will require R1. 5 trillion in funding to decarbonise by 2050, says Minister Kgosientsho Ramokgopa, calling on private sector investment to drive the initiative.