Watch Budget Speech 2023

African Energy Bank launches R16bn oil and gas funding

The newly formed African Energy Bank (AEB) has announced the rollout of $10-billion (R160-billion) in first-phase funding, targeting major oil and gas projects in...

Financial advice should be seen as a basic necessity, not a...

Building financial security does not depend on being wealthy but on making steady, informed decisions about money and planning ahead, according to Momentum. Nontokozo Madonsela,...

Reserve Bank starts public consultation over discontinuing prime lending rate

The South African Reserve Bank (SARB) has started a consultation process aimed at discontinuing the prime lending rate—a rate at which banks lend to...

Telkom veteran Hasnain Motlekar appointed to lead BCX recovery

Hasnain Motlekar, the chief financial officer of Telkom's consumer business unit, has been named CEO of BCX in an attempt to stabilise the company...

A Gen-Z duo leading a recycling movement in Tanzania

Three years ago, two young men began walking the streets of Mwanza, Tanzania’s second-largest city, sacks in hand, collecting discarded plastics. With no machines,...

SA now second most cost-effective poultry producer

South Africa’s poultry industry is the second most cost-effective producer in the world, only trailing behind Brazil and outperforming the traditional heavyweights, USA and...