Browsing: Finance

FirstRand, Africa’s largest financial institution by market capitalisation, has announced that it will acquire the clients, banking assets, liabilities, and…

Standard Bank branch transactions dropped by 13% in the first half of 2024, reaching around 2.5 million transactions as more…

After a strong July, the South African automotive sector experienced a period of consolidation in August 2024, with moderate improvements…

JSE-listed manufacturer Metair, known for producing suspension springs, brake pads, shock absorbers, radiators, and air conditioners, announced the sale of…

TymeBank, one of the fastest-growing digital banks globally, has reported an 11.8% increase in customers, bringing its total to 9.5…

Microsoft has announced another wave of retrenchments, with 650 positions being cut from its gaming division, according to an internal…

Following a notice issued on 2 July 2024 to the National Treasury and Emfuleni Municipality, Emfuleni has been removed as…

The uptake of electric vehicles (EVs) has taken centre stage as the most viable means to reduce greenhouse gas emissions…

Vehicle owners are increasingly abandoning the long queues at vehicle licensing centres and opting to renew their vehicle licences online…

South Africa is expected to receive some R628 million in European Union (EU) grant funding in support of its green…

JSE-listed South African casino and hotel group Sun International announced today that its online betting platform, Sunbet, continues its exceptional…

Metrofile today announced that Group Chief Executive Officer Pfungwa Serima, who has held the role since 1 February 2016, will…

The Gauteng Department of e-Government requires R700 million to upgrade the province’s internet infrastructure, but currently lacks the necessary funds,…

The Shoprite Group, Africa’s largest retailer, unveiled its capital expenditure for the 2024 financial year. The JSE-listed company, which also…

The Bidvest Group announced today that the disposal process for Bidvest Bank and FinGlobal is officially underway, with management aiming…

MTN Group today announced the appointment of four non-executive directors to the Boards of its MTN Group Fintech and Bayobab…

Jim Volkwyn has announced his retirement from the MultiChoice Board, a move that effectively averts a potential showdown with the…

Banking group Absa announced today that Seacom CEO Alpheus Mangale has been appointed as a member of its Remuneration Committee…

Aiko Energy and Veers Group have formed a joint venture to accelerate South Africa’s renewable energy transformation. This partnership aims…

The Volkswagen AG is partnering with the gaming platform AirConsole to bring its unique in-car gaming experience to its drivers…

On August 20, 2024, Eskom, in partnership with law enforcement agencies, successfully removed over 35 illegally connected transformers in Diepsloot…

MTN’s super app platform, ayoba, has seen remarkable growth, expanding its user base by 28.6% year-on-year to reach 36 million…

Despite facing significant challenges in the first half of the year, MTN’s Bayobab delivered strong financial results. The company navigated…

Today, Cell C ushered in a new era with the unveiling of a bold brand identity, marking a significant evolution…

Capitec’s 12 million app users can now purchase Showmax streaming vouchers for as little as R22 per month—less than R1…