Visa launches controlled testing for AI-powered payments
Global payments company Visa has introduced a new international initiative aimed at helping banks and payment providers prepare for a shift towards AI-driven, agent-led... Read more.
Lafarge integration costs hit Afrimat’s profits
Mining and materials group Afrimat’s latest annual results have shown a business growing at the top line but under pressure at the margin level as it invests heavily... Read more.
Investec private banking expansion targets R3bn profit in SA by 2030
Specialised international bank and wealth manager Investec has announced a new growth strategy for its private client franchise, with South Africa positioned as... Read more.
Investec warns Middle East war raises risks for SA outlook
Investec, an international specialist bank and wealth manager, has flagged growing geopolitical tensions, stubborn inflation, and rising fuel costs as risks to weigh... Read more.
Melanie Da Costa appointed Netcare CEO
South African private healthcare group Netcare has announced the appointment of Melanie Da Costa as next chief executive officer succeeding long-serving CEO Richard... Read more.
CANAL+ film unit STUDIOCANAL signs distribution deal in South Africa
French media conglomerate CANAL+’s in-house film company STUDIOCANAL has entered into a theatrical distribution partnership with Sun Africa Group (SAG) as... Read more.
Standard Bank offers R1m aid for flood-affected areas
Standard Bank has pledged R1-million in support to humanitarian non-profit organisation the South African Red Cross Society’s effort to help communities... Read more.
ConCourt hears challenge over Procurement Act, BEE procurement changes
The Constitutional Court has been approached to challenge the constitutionality of the process and adoption of the Public Procurement Bill. At the centre of the... Read more.
Bank to reset ZCC partnership as it fails to deliver expected growth
New kid on the banking block, GoTyme bank, is rethinking its partnership with the largest church in Africa, which has not translated into customer growth. Chief... Read more.
Arcelor Mittal accused of trying to hijack black-owned mine for R1
Steelmaker ArcelorMittal South Africa (AMSA) has been accused of abuse of dominance and alleged attempt to hijack a black-owned iron-ore mining company, Manngwe... Read more.
