We don’t have the power to lead African Bank: Kganyago
South African Reserve Bank (SARB) Governor Lesetja Kganyago has expressed frustration that the SARB’s stake in African Bank does not grant it sufficient power...
SA has an uncanny ability to thwart those who believe in...
Just when governance failures, collapsing municipalities and infrastructure bottlenecks make the country look increasingly difficult to invest in, global companies continue committing billions of...
Exxaro in battle with ex-employee who raised procurement red flags
A dispute relating to claims of gross price manipulation and procurement irregularities has pitted mining giant Exxaro against a former employee.
At the centre of...
Safaricom acquisition turns fintech into Vodacom’s biggest growth engine
South Africa-headquartered Vodacom is entering its biggest strategic reset in decades after taking control of Safaricom, the Kenyan telecommunications giant behind one of Africa’s...
Oil prices rise as Strait of Hormuz crisis rages
Oil prices closed more than $1 (R16) a barrel higher on Friday, ending July with their biggest monthly gains since March, as concerns over...
Higher-denomination notes won’t solve inflation, Lesetja Kganyago tells shareholders
South African Reserve Bank (SARB) Governor Lesetja Kganyago has ruled out increasing the denomination of South Africa's banknotes.
Speaking at the 106 annual Ordinary General...
