Watch Budget Speech 2023

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A hidden pipeline brings Amazon and Walmart to African shoppers

No bank card? No address? No problem. Shoppers in Africa increasingly are buying online from big brands such as Amazon or Walmart even though...

PIC names Batandwa Damoyi as acting CEO amid probe

Public Investment Corporation (PIC) on Wednesday appointed chief financial officer Batandwa Damoyi as acting CEO, after Patrick Dlamini was suspended pending an investigation into...

PIC board breaks silence after FSCA launches probe

The Public Investment Corporation (PIC) board has reaffirmed its commitment to sound governance, transparency and accountability, while welcoming ongoing oversight by the Financial Sector...

NUM challenges De Beers’ Venetia Mine retrenchments

The National Union of Mineworkers (NUM) has vowed to oppose De Beers’ planned retrenchments at Venetia Mine, which is expected to shut doors for...

Report shows young consumers have disciplined borrowing habits

Young South Africans are making more disciplined financial decisions despite ongoing economic pressure, with many borrowing less than they qualify for, buying affordable vehicles...

PIC suspends CEO Patrick Dlamini pending whistleblower probe

The board of the Public Investment Corporation (PIC) has placed its chief executive officer, Patrick Dlamini, on precautionary suspension following allegations of impropriety contained...