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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

Business owners could leverage cash reserves for pesky expenses

money

Passively earned revenue can cover various expenses, such as bank charges, operational costs, and inventory purchases, thereby increasing overall profitability.

South Africans hopeful for imminent interest rate cuts

home buyers

In May, nearly 50% of home loans registered by Standard Bank were secured by first-time buyers.

Cautious optimism: Eskom could finally start seeing the light

Minister of Electricity

Eskom’s annual losses significantly lower than last year, indicating potential turnaround, as SA hopes that the worst may be over.

Surge in fraud complaints among Standard Bank customers sparks concerns

standard bank

Standard Bank faces a surge in fraud complaints and a R1.7M payout for unfair dismissal, prompting customer concerns and calls for better security and internal practices.

MiWay Blink: Rebranding for a seamless customer experience

MiWay Blink: Rebranding for a seamless customer experience

Blink by MiWay remains a proud division of MiWay Insurance Ltd and continues to be backed by over 15 years of trust built in the industry.

Donald Trump’s net worth plummets as social media venture sinks

Donald Trump's net worth plummets as social media venture sinks

Donald Trump: Net worth sees a $1 billion decrease amidst a significant loss by his social media company, Truth Social, revealing challenges in both financial performance and legal entanglements.

Repo rate likely won’t go down as SA hopes

repo rate

Stats SA reported that annual consumer inflation quickened in February, rising to 5,6% from 5,3% in January and 5,1% in December.

Post office announces closure of 235 branches in 2024, retrenchments expected

Post office

Business Rescue Practitioners overseeing SAPO’s restructuring are hesitant to release the definitive list of branches set for closure.

Former Steinhoff CEO Markus Jooste allegedly commits suicide

Markus Jooste

The disgraced executive is believed to have shot himself a day before he was due to hand himself over to the Hawks.

Gordhan annoyed over calls for SIU to investigate collapsed SAA deal

Pravin Gordhan

Minister Gordhan responded to the accusations by asserting that they were politically motivated maneuvers aimed at straying from the real directives.

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