News

South African rand stable as investors await budget clarity
South Africa's rand was steady on Friday as investors awaited clarity on a disputed national budget which has roiled domestic ...
South Africa Ditches Tax Hike That Tested Ruling Coalition
South Africa’s National Treasury will scrap a proposed tax increase that threatened to rupture the nation’s coalition ...
BusinessTech14m
Big banks closing ATMs across South Africa
Many of South Africa’s largest banks are closing ATMs across the country as people move away from cash and adopt digital ...
South African rand weaker after drop in inflation
The South African rand was weaker on Wednesday after data showed local inflation fell to a five-year low in March.
The South African on MSN1h
South Africa turns up the volume on ‘loud luxury’ fashion
Loud luxury' fashion is making a comeback in South Africa, with fashion lovers embracing colours and statement designs.
BusinessTech1d
Government’s red tape nightmare, and WhatsApp ordered to make changes in South Africa
GNU not out of the woods: Despite the VAT hike U-turn, the GNU is still under pressure due to the notable disagreements over ...
The Mail & Guardian3d
Timing the Rand: A South African perspective on monthly NFP trading strategies
The United States Non-Farm Payrolls (NFP) report, released on the first Friday of each month, has long stood as one of the ...
Regulatory Blindspot: South Africa's Financial Watchdog Silent on Multi-Billion Rand Scam
An international syndicate has allegedly defrauded South African investors of hundreds of millions, operating under the guise ...
South African Capitec Bank posts 30% rise in annual profit
JOHANNESBURG (Reuters) -South African lender Capitec Bank reported on Wednesday a 30% rise in annual profit as net interest ...