Vodacom’s R85bn investment plan tops Nedbank’s capital expenditure projects
Nedbank’s annual capital expenditure (capex) listings have revealed that Vodacom has emerged as the leading private investor in planned fixed investment projects.... Read more.
Treasury sets disciplinary hearing against GPAA CEO Kedibone Madiehe
Suspended Government Pensions Administration Agency (GPAA) CEO Kedibone Madiehe is set to face a formal disciplinary hearing as the National Treasury investigates... Read more.
Troubled medical scheme wants curator removed over dark cloud of insolvency
The troubled Sizwe Hosmed medical scheme – whose members are mainly in the steel, automative, transport and coal industries – is embroiled in a fresh battle... Read more.
Light at end of tunnel as Transnet freight rail increases volumes, revenue
State-owned logistics company Transnet is showing signs of recovery under its Tactical Recovery Plan, although freight rail volumes remain well below the peak of... Read more.
Woolworths SA delivers steady growth despite weak consumer spending
Woolworths South Africa recorded sales growth that outperformed the market during a challenging trading period as cautious consumers continued to limit spending.... Read more.
Experts weigh in on central bank’s decision to keep repo rate unchanged
Economists and consumer experts have revealed that the decision to keep the repo rate unchanged reflect a balance between improving economic conditions and persistent... Read more.
Africa NextGen Economist winner set to receive over R180k prize
French-based African economy-focused publications Jeune Afrique and The Africa Report have partnered with African Development Bank for €10, 000 (over R180 000)... Read more.
Reserve Bank leaves repo rate unchanged amid stronger rand
The South African Reserve Bank’s Monetary Policy Committee (MPC) has left the repo rate unchanged. The latest announcement follows a 25 basis point repo rate cut... Read more.
Civil society groups want Cyril Ramaphosa, Treasury to implement UBI grant
Civil society groups have renewed calls for the introduction of a Universal Basic Income (UBI) grant as unemployment figures skyrocket and poverty remains a concern.... Read more.
Accelerate Property sells Bosveld Mall in Limpopo for R88m
Accelerate Property Fund has agreed to sell The Bosveld Bela Bela Shopping Centre in Limpopo for R88-million. The shopping centre has been acquired by Morsim Developments... Read more.
