At only 26, Gordon went around to the offices of South Africa’s established financiers for nine months to raise R100,000 to ...
Old Mutual has received regulatory approval to appoint Clarence Nethengwe as CEO of OM Bank, which will launch in early 2025.
South Africa plans to raise $50 million (R923 million) to help fund a bid to host a Formula 1 race, Sports Minister Gayton ...
At its January meeting, the Reserve Bank’s Monetary Policy Committee (MPC) cut South Africa’s interest rates by 25 basis ...
The National Energy Regulator of South Africa (NERSA) has approved a 12.7% increase in Eskom’s electricity tariffs for the ...
South Africa’s banking laws on account closures are under scrutiny for a lack of transparency, unfair treatment, and ...
South African households have lost significant purchasing power due to the SARB’s high interest rates, resulting in a 36% ...
South African Finance Minister Enoch Godongwana vowed to keep showing “tough love” toward the nation’s ailing state-owned enterprises, rebuffing calls for a bailout of Transnet.
Eskom reported a significant jump in half-year profit of R17.83 billion due to increased revenue and reduced costs, but the utility still faces long-term financial challenges.