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business finance
How South African banks are navigating consumer confidence challenges and credit demand
Despite an improved economic environment in 2024, South Africa's major banks face challenges, including squeezed margins and declining consumer confidence.
Three major trends reshaping executive search in 2024
Explore how diversity initiatives, technological advancement, and cultural alignment are revolutionising the executive search landscape in South Africa and globally. Industry expert Jeremy Bossenger breaks down these crucial trends and their impact on modern recruitment practices. "
How blended finance is revolutionising South Africa's sustainable future
South Africa stands at the forefront of a financial revolution where blended finance is reshaping the investment landscape. From pension funds to individual investors, discover how this innovative approach is bridging the gap between profit and sustainability, offering unprecedented opportunities for both local and international stakeholders in Africa's largest economy.
Tshwane's power cut campaign faces backlash as businesses demand dialogue
Major businesses face power cuts as Tshwane's R30 billion debt recovery campaign sparks outcry, with the Capital City Business Chamber urging for collaborative solutions instead of confrontational tactics.
‘Urgent intervention required to prevent SA Banks from arbitrarily closing bank accounts’
Molefe called for urgent legislative intervention to regulate banking practices, arguing that banking is a public service and should be governed by laws that protect consumers from arbitrary and unfair treatment.
Banking Sector under Parliamentary microscope over racist business practices, lack of transformation
Standing committee on finance chairperson Joe Maswanganyi said the finance standing committee has repeatedly expressed concerns regarding the lack of urgency in addressing financial exclusion and gradual transformation within the financial sector.
PPC's R3 billion cement plant: A boost for Western Cape's economy
PPC's R3 billion investment in a new cement plant in the Western Cape promises to boost local jobs and infrastructure, marking a significant step towards economic growth in the province.
Gauteng province registers over 21,000 spaza shops, foreign nationals making up significant share
Gauteng Finance MEC Lebogang Maile has announced that the province has received more than 21,000 applications for spaza shop registration, with an increase coming from foreign nationals.
Banks should be playing a role in community development, not victimising black-owned companies
Instead of victimising, banks should be providing financial support, mentorship, and guidance to help black entrepreneurs succeed. By doing so, they can promote economic growth, create jobs, and reduce inequality.
A strident call to action: Ending the abuse of arbitrary bank account closures in South Africa
Its vagueness have allowed banks to evade transparency and accountability, leaving individuals and businesses exposed to financial and economic exclusion and degradation.
‘Isolate anyone selling expired food’: Malema demands action over food poisoning crisis
EFF leader Julius Malema criticised the food inspection raids that have been conducted by government officials, mainly targeting spaza shops, and called for them to be conducted in large retail stores.
John Steenhuisen under fire for spaza shop ‘photo opportunity’ amid food poisoning crisis
Netizens flocked to the comment section on his X (Twitter) account, accusing him of a publicity stunt, rather than addressing the rise of food poisoning incidents.
‘It’s disappointing’: Limpopo MEC of Economic Development alarmed at low turn-out of locals to register spaza shops
The Capricorn District business registration centre in the province has received over 300 applicants, with the majority being foreign nationals.
Farmyard Project: Gauteng MEC of Agriculture halts funding and probes R36 million deal
The Farmyard project was launched in May, by the then MEC, Mbali Hlophe, targeting youth and women with the intention of promoting healthy diets in townships, hostels and informal settlements.
Old Mutual’s ‘Masisizane Fund disburses R1 billion to SMEs, creates over 13,000 jobs
The driving force behind the fund was to empower black-owned, women-owned, youth-owned businesses, as well as enterprises from rural areas, and playing a critical role in fostering inclusive economic growth in the country.
‘2024 set to be the hottest year yet’ as COP29 climate talks open in Baku
With 2024 on track to be the hottest year on record, COP29 begins amid fierce debates on climate finance, fossil fuel influence, and carbon emissions.
Botlhale AI wins top prize for language innovation
South African AI startup Botlhale wins prestigious Momentum success pitch 2024
Police Committee calls for skills and lifestyle audits for senior SAPS management
The committee called for the SAPS to consider body cameras as a technological intervention to reduce civil cases against the organisation.
‘I got your back’: Cassper Nyovest rallies behind Drip Footwear founder Lekau Sehoana amid liquidation crisis
Cassper Nyovest showed public support for Drip Footwear founder Lekau Sehoana, whose business faces liquidation due to financial difficulties.
‘But we are paying’ : Business owners angry after City Power cuts off power due to debt of over R30 million
A surprise power supply disconnection by City Power, aiming to recover R36. 2 million, has left 11 businesses and one residential complex in the dark, and sparked outrage from some business owners claiming that they have paid their electricity bills.
Two SAPS female pilots in the running for ‘Forty Under 40’ award
SAPS top management has wished Lieutenant Colonel Kgothatso Khunou and Captain Zeldah Ntuli well ahead of the Forty Under 40 Awards ceremony taking place on Saturday evening in Kempton Park.
Outa disappointed Gauteng allowed itself to be roped into paying debt to Sanral
The Gauteng Provincial Government paid its first instalment of R20 billion debt to Sanral earlier this week.
Nedbank's Decisions Impact Ordinary Workers and Communities
Corporate power must be wielded with responsibility and accountability. If Nedbank does not reverse its course, this issue will inevitably escalate, says the writer.
Exposing Tim Cohen’s lies About AYO
In the end, what matters most is transparency and truth. Despite the relentless media campaign, AYO has not been found guilty of any wrongdoing, says the writer.
South Africa needs R1. 5 trillion for Just Energy Transition, says Ramokgopa
South Africa's ambitious Just Energy Transition will require R1. 5 trillion in funding to decarbonise by 2050, says Minister Kgosientsho Ramokgopa, calling on private sector investment to drive the initiative.