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Category: Business & Finance

Explore the dynamic world of business with insights into market trends, financial news, and corporate strategies. Our Business section provides in-depth analysis and updates to keep you informed about the economic landscape

Standard Bank UCount rewards updates earning opportunities

standard bank rewards

Since its launch 11 years ago, the programme has experienced an average annual membership growth of 6%.

This tax season, SARS is coming for your side hustle gains

side hustle

If you recently took up a side hustle to make ends meet –  well, the South African Revenue Service (SARS) has declared that it wants a bite of that apple too.  

Standard Bank almost certain interest rate cuts will happen next time

If Standard Bank is right, this will be the first interest rate cut that South Africans will experience since the onset of the Covid-19 pandemic.

TikTok partners with Eventbrite to help business clients enhance event promotion and ticket sales

Tiktok

This new feature is available in several countries across Sub-Saharan Africa where TikTok and Eventbrite services are supported.

Strong growth outlook for SA’s SMEs for rest of 2024

The optimism reflected in the 2024 State of Small Business Report suggests that SMEs will not only recover but will also contribute significantly to the country’s economic revival.

Absa, Nedbank & Sanlam criticised for ‘less women in senior leadership’

Just Share has gone to great pains to highlight what it said was a noticeable lack of women in top leadership positions in these institutions.

SA Reserve Bank maintains repo rate at 15-year high, Economists weigh in

repo rate

Economists said that the decision to not change the repo rate was consistent with expectations but expressed concerns over inflation in the future.

SA Reserve Bank holds repo rate steady: no drop in interest rates just yet

repo rate July 2024

Kganyago noted that global inflation is easing, but not yet stable.

Nearly one-third of high-income South Africans lack emergency savings

savings.

Standard Bank’s analysis highlights that 52% of entry-level private banking clients have less than one month’s salary saved in accessible emergency savings.

SA’s hopes likely to be dashed as economist predicts repo rate to remain unchanged

repo rate hopes

Blackmore explains that the primary reason for maintaining the current repo rate is the South African Reserve Bank’s data-dependent approach.

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