Insurance firm sets new benchmark with continent-first cloud migration
Leading general insurer Santam has become the first insurer in Africa to fully migrate its core insurance platform to the cloud. After more than two years of planning... Read more.
Blue Label ordered to repay over R300 000 in liquidation dispute
The Supreme Court of Appeal has ordered Blue Label Distribution to repay more than R347 000 to the liquidators of a failed Cape Basic Products (CBP). Blue Label... Read more.
Postbank partners with Standard Bank to expand financial inclusion
State-owned Postbank has announced a new partnership with Standard Bank to allow customers to access banking services more easily as it moves away from branches... Read more.
Kumba iron ore exports steady amid Middle East war
Iron-ore producer Kumba Iron Ore’s export sales to major markets in Asia and Europe remain unaffected despite ongoing conflict in the Middle East. Kumba CEO... Read more.
UAE exit from OPEC sends oil price above $110 amid Middle East war
The United Arab Emirates (UAE) has announced it will leave the Organisation of the Petroleum Exporting Countries (OPEC), effective Friday. This has triggered another... Read more.
Tongaat Hullet’s secretary resigns amid ongoing business rescue
Tongaat Hullet group secretary Evashni Govender has resigned as the embattled sugar producer navigates an ongoing business rescue. On Tuesday, it was confirmed that... Read more.
Anglo disposes of De Beers after a century, weighs more cost-cutting measures
Anglo American is moving ahead with plans to sell the world’s leading diamond company, De Beers, while weighing further cost-cutting and capital preservation... Read more.
Marco Rubio’s Freedom Day message points to US willingness to keep ties with SA
The US has signalled willingness to maintain engagement with South Africa in a Freedom Day message to the country, even as relations between the two nations remain... Read more.
‘Work underway to strengthen institutions weakened by corruption and crime’
President Cyril Ramaphosa has underlined the government’s determination to confront organised crime and rebuild trust in the state while acknowledging the... Read more.
Seagram Capital suffers setback in R18m generator dispute case
A leveraged real estate private equity and asset management firm, Seagram Capital, owned by Johan Folley, has suffered a legal setback in its bid to claim more than... Read more.
