Business

Standard Bank backs Sanlam Private Equity in healthcare supply chain deal

Standard Bank has announced its backing of private equity investment in South African healthcare supply chain. The bank revealed that it played a role in...

Youth remain under pressure as South Africa’s employment rate improves

The South African youth remain under severe pressure in the labour market, even as the country recorded a slight improvement in overall unemployment in...

Economist predicts minor improvement in employment rate

Little improvement is expected in jobs data as Statistics SA is scheduled to release the Quarterly Labour Force Survey for the 2025 fourth quarter...

Food inflation likely to soften in 2026 though foot and mouth...

On Wednesday, February 18, 2026, Statistics South Africa will release the country’s January 2026 inflation data. One of the product categories that some will be...

Patrice Motsepe ceases being African Rainbow Minerals employee

Mining magnate Dr Patrice Motsepe has stopped being an employee of African Rainbow Minerals (ARM). The company made the announcement in a JSE News Service...

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,...