Labat’s financial woes leave shareholders waiting on dividend
The state of Labat Africa has deteriorated since the Johannesburg Stock Exchange suspended its securities over dividend declaration matters. The investment holding... Read more.
SARB raises repo rate to 7.25% amid high inflation
The cost of living has gone up as interest rates have climbed up to 7.25% as announced by South African Reserve Bank (SARB) Governor, Lesetja Kganyago on Wednesday.... Read more.
Interest rate decision: Consumers shouldn’t expect immediate debt, petrol or food price relief
The South African Reserve Bank (SARB) is faced with a difficult monetary policy decision on Wednesday as renewed inflation pressure collides with a weakening economy.... Read more.
Coface names Paulo Solipa as chief operations officer
Coface South Africa has promoted Paulo Solipa to chief operations officer (COO). Paulo was appointed COO after a decade of serving as the chief information officer,... Read more.
Income uncertainty drives new approach to insurance
Metropolitan has put a bet on flexible insurance to tap into a growing segment of consumers whose incomes do not fit the traditional monthly insurance model. The... Read more.
Sorghum, sugar cane could fuel energy security
The agricultural sector could play an essential role in energy security by supplying feedstock to source fuel. South Africa remains heavily dependent on imported... Read more.
Scorpion Kings Live pumps an estimated R200m into Gauteng economy
The Scorpion Kings turned FNB Stadium into a nearly R200 million economic engine for Gauteng over the weekend. The Scorpion Kings Live is an event headlined by industry... Read more.
British American Tobacco shareholders to pocket R10.64 a share after tax
British American Tobacco (BAT) South African branch shareholders are set to receive a net dividend of about R10.64 a share. The giant tobacco group manufactures... Read more.
Cosatu’s old model meets a new world – and finds itself wanting
Labour federation Cosatu has warned that automation, labour broking and the rise of non-traditional forms of employment are making it increasingly difficult for... Read more.
Household inflation expectations fall ahead of SARB rates announcement
Households have lowered their inflation expectations, which could encourage the South African Reserve Bank to leave interest rates unchanged at the upcoming monetary... Read more.
