143 Cheslyn Jacobs Digital challenger bank TymeBank will have a new CEO from January. Cheslyn Jacobs will take the reins from Karl Westvig with effect from 1 January 2026. Westvig, who has…
Category: Business
making ESG data work for business
109 The author, SAS South Africa’s Itumeleng Nomlomo For most organisations, environmental, social and governance (ESG) reporting is no longer seen as optional. The real competitive edge lies in what happens after…
Retirement fund in hot water for benefit payout without consent
93 Member complained to adjudicator that the fund ignored his request to transfer his money to an annuity account. The South African Commercial Catering and Allied Workers Union (Saccawu) provident fund has been reprimanded…
Vodacom, MTN racing to dominate digital financial services in Africa
139 Vodacom Group is the mobile operator boasting the largest financial services operation on the African continent, with revenue, active users and transaction volumes surpassing those of rival MTN Group. On a…
Tough IT market hits Altron, group still hikes dividend 20%
94 Altron Group CEO Werner Kapp JSE-listed technology group Altron has lifted its interim dividend by 20% even as it warns of a “tough trading environment” in IT services. Group operating profit…
Trump says China, other countries can’t have Nvidia’s top AI chips
99 US President Donald Trump Artificial intelligence giant Nvidia’s most advanced chips will be reserved for US companies and kept out of China and other countries, US President Donald Trump said. During…
Survey shows huge appetite for renewable projects
129 But low daytime demand may spoil the party. The 2025 Renewable Energy Grid Survey shows a sharp increase in the amount of renewable generation capacity industry players hope to build in…
R36 billion spent on small business loans in the last decade as unemployment rises by 8%
114 The Department of Small Business Development says it is attempting to cut red tape, while others suggest government is the obstacle. Billions have been spent on loans for micro, small and…
Sasria still recovering from 2021 unrest, now looking out for climate risks
110 After the unrest in July 2021, Sasria paid out all claims and incurred a R24 billion loss that it is still trying to recover. Sasria, the only non-life insurer that provides…
World Savings Day: building financial wellbeing with strong habits and rewards
132 World Savings Day on 31 October is a reminder that financial wellness is a path towards security and independence. World Savings Day on 31 October is a reminder that financial wellness…