79 Although the minister had many plans to make the economy grow, he had little immediate value to offer citizens. There have been both positive and negative comments on Thursday after the…
Category: Business
Google agrees to major funding package for South African media
83 Carlos Barria/Reuters Google has committed R688-million to support South Africa’s under-pressure media industry, alongside a separate initiative aimed at fostering its long-term growth. This follows the release of the media and…
Spotify goes ‘lossless’ in South Africa, hikes prices again
85 For the second time in four months, Spotify is hiking prices in South Africa – this time, though, there’s more value on offer, including lossless (non-compressed) music streaming for the first…
SMEs outlook for November: Think20, B20, G20 summits and Black Friday
85 The coming days are going to be busy as South Africa hosts various leaders from different parts of the world for the G20 Summit. The coming days are going to be…
How to raise financially literate children
63 Picture: Sourced/iStock In a world where financial literacy is more crucial than ever, equipping children with the skills to manage money wisely can set them up for a prosperous future. As…
Markets signal a turning tide for South Africa as rand hits two-year high
80 The rand and South African shares and bonds extended their rally on Thursday as investors cheered signs of fiscal discipline after the government’s medium-term budget policy statement. The rand briefly broke…
Cell C targets up to R12.1-billion valuation in JSE debut
71 Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share – a range that implies a post-listing market capitalisation…
Praise from economists for strong announcements
78 Economists liked what they heard in the MTBPS, but there was also some disappointment about the things he left out. Economists have praised finance minister Enoch Godongwana’s MTBPS or ‘mini budget’…
ZAR Supercoin is South Africa’s latest rand stablecoin
109 South Africa has a new rand-pegged stablecoin. Called ZAR Supercoin, the stablecoin is “purpose-built for South Africa and the wider African market”, according to its backer, New York-listed Super Group. ZAR…
WhatsApp agrees to greater transparency for South African users
87 A dispute between WhatsApp and the Information Regulator of South Africa has been settled out of court. Speaking at a media briefing on Thursday, the chair of the Information Regulator, Pansy…