256 Says the reason for retrenchments is to respond to evolving market demands. Ford in South Africa plans to cut at least 470 jobs at its Pretoria and Eastern Cape plants, dealing…
Category: Business
Rich in minerals but poor in wealth: Mining must benefit locals and boost SA’s economy
266 The need to strengthen public-private partnerships was the central theme at the African Critical Minerals Summit. South African miners are single-minded in their belief that the country’s critical minerals should be…
How to help the struggling mining sector
272 According to experts, several issues have contributed to the decline in mining output in South Africa. Mining firms need to invest more in technology to increase their productivity as the sector…
Can debt consolidation help women reclaim their financial independence?
227 Debt consolidation is combining multiple debts into a single personal loan to reduce monthly repayments to unlock cashflow. As South Africa celebrates Women’s Month, honouring the strength and achievements of women…
Making these money moves in your 20s will help you gain financial freedom for your future self
201 When you are just starting out in life making provision for the future does not sound so important, but it is. Are you in your twenties? Done with studying for now,…
‘Time for meaningful change is now,’ says labour minister after partial win over race quotas
378 Sakeliga and Neasa sought an interdict to suspend the employment equity regulations. Employment and Labour Minister Nomakhosazana Meth has welcomed a court ruling against two organisations that challenged the Employment Equity…
All eyes still on US tariffs and Fed
232 Next week will be more exciting on the local data front, with the Business Confidence Index and the Absa PMI set to be released. It was a quiet economic week in…
Reserve Bank gets green light to get sole control over BankservAfrica
368 The Reserve Bank will now also have control over PayShap, which offers accessible, convenient, and secure payments for everyday transactions. The Competition Commission has recommended that the Competition Tribunal approve the…
AI-led digital banking fraud is surging in South Africa
278 Digital fraud is on the rise in South Africa, with the number of incidents reported by the banking sector in the 2024 calendar nearly doubling year on year. The rate of…
Interpol cracks down on illegal bitcoin miners and cyber crooks across Africa
255 25 bitcoin mining centres operated by 60 Chinese nationals in Angola have been shut down. Interpol, the International Criminal Police Organisation, working with local law enforcement across multiple African countries, says…