Business

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...

‘Nothing justifies burning of spaza,’ says parly committee

Parliament's Select Committee on Economic Development and Trade has warned against attacks that threaten investment and economic growth following the reported burning of spaza...

GoTyme CEO Cheslyn Jacobs calls for end to fees on instant...

GoTyme Bank CEO Cheslyn Jacobs says banks should stop treating instant digital payments as a premium service, arguing that customers should not have to...

DKMS offers R2.2m funding opportunity for blood cancers research

Scientists and early-career doctors have been invited to apply for a share of a multi-million-rand grant aimed at improving the diagnosis, treatment and care...

The world is uncertain. South Africa cannot afford to be

Just days ago, global markets were breathing a collective sigh of relief. The prospect of a ceasefire in the Middle East had lifted confidence. Crude...