Retail giant Shoprite has transformed its Money Market account into a fully transactional bank account - a first for a retailer in South Africa.
Load shedding has been an almost daily occurrence over the winter months and has now reached historic levels. With 5 months remaining in 2022 the extent of the load shedding impact is likely only to rise from the 81 days…
Financial services group Absa on Monday published interim financial results for the period ended June 2022 showing that headline earnings increased by 30%, and diluted headline earnings per share (HEPS) grew 29.8% to 1 278.4 cents per share.
In 2021, the Department of Home Affairs said it wanted to expand its satellite branch strategy to at least 70 bank branches across the country, with the rollout expected to start on 1 July 2022. However, over a month after…
Reprieve at petrol stations may be a constant for the rest of the year according to economists.
South Africans are taking home less each month, while the cost of fundamentals like food, fuel and electricity keep climbing.
The latest update to The Economist's Big Mac Index shows that South Africa's currency is one of the most undervalued in the world.
South Africans love a bakkie - and why shouldn't we, it's the perfect vehicle for our roads and terrain. The Toyota Hilux and Ford Ranger are among the best-selling passenger vehicles in the country, month after month, year after year.…
Andre Cilliers, a currency strategist at TreasuryONE, says that despite a weakening of the rand in recent sessions, it still remains undervalued.
The Banker has published its annual ranking of the 1,000 biggest banks in the world, as measured by their level of tier 1 capital – with seven South African banks making the list in 2022.
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