The South African Reserve Bank's (SARB) Prudential Authority has warned the country's biggest banks that they are at high risk of being used for money laundering and terrorism funding.
Businesses are not meeting their B-BBEE scorecard targets, collectively achieving only an average of 87.16% of their contribution targets, according to the 2022 Sanlam Gauge Report.
The Reserve Bank sends a warning to South African banks; Ramaphosa's electricity plan is being met with a healthy dose of scepticism; public sector wage talks remain uncharacteristically calm; and the ANC's social transformation committee has some eyeb...
Alphabet Inc, Microsoft Corp and Texas Instruments Inc posted double-digit quarterly revenue growth on Tuesday and expressed optimism about the coming months, reassuring investors who had been fretting that the technology industry was poised for a dour...
Shoprite Group has taken its pet shop business Petshop Science online.
South Africa’s banking regulator said there is a high risk of money laundering and terrorist financing activity in the industry, citing the extensive use of cash and exposure to overseas lenders.
Electricity generation in South Africa may come online at a faster pace than what we previously thought after president Cyril Ramaphosa proposed wide-ranging and urgent power reforms including a temporary legislative regime that cuts red tape, says BNP...
Criminal syndicates are changing the way they hijack victims forcing everyday South Africans to be more aware of their surroundings.
The International Monetary Fund's (IMF) latest global economic outlook review sounds the alarm bell for a slowdown in global economic growth - but prospects are more positive for South Africa.
Monocle Head of Research Guy Wilding discusses what open finance is, why it is such an important concept, and the reasons it is viable.
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