Financial strain force Gen Z, millennials to delay major milestones
Nearly half of South Africa’s Gen Z and more than half of millennials are putting major life decisions on hold as rising living costs, expensive housing and... Read more.
Financial sleuth Nosisa Fubu takes over as Raubex lead director
Raubex, an infrastructure development and construction materials supply group, has appointed Nosisa Fubu as a lead independent director with immediate effect. Fubu... Read more.
Takealot hits profit milestone as Naspers delivers blockbuster year
Naspers has reported one of its best annual results in recent years, with its South African operations in the spotlight after the e-commerce giant Takealot achieved... Read more.
African Bank to overhaul its user-unfriendly app as profit dips
Embattled lender African Bank is embarking on an overhaul of its digital banking platforms as it seeks to close a technology gap that has seen it lagging behind... Read more.
Standard Bank gets nod to clear payments in China’s currency
Business transactions and cross-border payments between China and Africa are becoming more simplified after banking giant Standard Bank became the first financial... Read more.
Tussle for Numsa Investment Company top job intensifies
A boardroom battle has erupted at Numsa Investment Company (NIC), leaving the entity with two men claiming to be its chief executive. Last week, Sunday World reported... Read more.
Matengu profit plunges R315m amid high energy costs, retrenchment talks underway
Investment holding company Mantengu has dropped more than R300-million in profit for the year dealing a blow to shareholders as earnings per share also fell by R1.01... Read more.
African Bank tightens credit appetite after R600m loss
African Bank has tightened its lending criteria in an effort to restore profitability following over R600-million net loss in its interim results. Zweli Manyathi,... Read more.
Sibanye reaffirms SA operations as core earnings driver amid global uncertainty
Sibanye-Stillwater has reaffirmed the central role of its South African operations as the group’s main earnings engine, despite a challenging global backdrop marked... Read more.
Ex-Clicks CFO Michael Fleming joins Santam board
Former Clicks and Tiger Brands chief financial officer executive Michael Fleming has been appointed an independent non-executive director at Santam. The seasoned... Read more.
