Middle East war shock extends from oil fields to your wallet
The Middle East conflict has caused a surge in the cost of manufactured goods, as higher fuel and fertiliser prices filter through the production business. This... Read more.
SA among top 10 financially stressed countries amid high unemployment
South Africa has been ranked among the 10 most financially stressed countries in the world as low incomes and high unemployment weigh on households. The country... Read more.
Clicks targets R6bn beauty market with ARC takeover
Clicks Group has acquired a controlling stake in luxury beauty retailer ARC store as it looks to tap into a sector valued at more than R6 billion a year. The retailer... Read more.
SPAR takes a hit as strained consumers tighten their purse strings
SPAR has warned that its financial performance for the year is expected to be under pressure as the Southern African business struggles with subdued consumer demand,... Read more.
KZN Numsa region sues its national leaders
A Numsa region has hauled the metalworkers union to court to force its leaders, including general-secretary Irvin Jim, to release R1.5-million required to fund its... Read more.
Old Mutual brings financial education in your own language on WhatsApp
Financial terms that can often leave citizens confused could soon become easier, as consumers will be able to ask questions about money in their own language on... Read more.
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.
