Business
Mobile data drives Telkom’s strong growth
Telkom is becoming increasingly reliant on data services to drive growth, with data revenue now accounting for more than 60% of the group’s total...
Nedbank COO Mfundo Nkuhlu announces early retirement
Nedbank Group chief operating officer Mfundo Nkuhlu is set to retire at the end of the year after more than two decades with the...
Reserve Bank proposes strict laws for cross-border crypto transactions
The South African Reserve Bank (SARB)'s Financial Surveillance Department (FinSurv) has published a draft framework that would bring cross-border crypto asset transactions under South...
Emirates NBD Bank to acquire retail banking business of HSBC Egypt
Emirates NBD said on Sunday that its fully-owned subsidiary in Egypt had entered into a definitive agreement to acquire the retail banking business of...
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...
