205 Absa’s market value currently stands at R211 billion. There is a new sheriff in town, and his name is Kenny Fihla. Since his appointment as Absa CEO, the bank’s shares have…
Category: Business
Television turns 50 in South Africa
140 This Monday marks 50 years since television was officially launched in South Africa – on 5 January 1976, a lifetime ago. South Africa was late – very late – to launch…
WeBuyCars agrees to pay R2.5 million fine and refund 31 consumers R3.4 million
128 Consumers buying used cars have long worried about what could go wrong, but two recent consumer wins now offer greater protection. Car dealer WeBuyCars has agreed to pay a fine of…
Why Solly Malatsi was right to bury the Post Office monopoly
123 South Africa has a curious habit of legislating fantasies and then acting surprised when the real economy ignores them. The now-defunct monopoly of the South African Post Office over sub-1kg parcels…
Curro-Mouton deal becomes unconditional ahead of JSE delisting
169The termination of the listing is anticipated to take effect on or about 13 January, 2026. Private schooling group Curro Holdings has confirmed that all suspensive conditions relating to its acquisition by…
Did Old Mutual pick the exact wrong time to launch a bank?
183Despite its massive investment and plan to break even by 2028, Old Mutual Bank’s expansion strategy is challenged by the looming entry of Pepkor and Shoprite, which already operate retail finance services…
Credit Association urges consumers to borrow wisely as Januworry kicks in
78 Everybody warned consumers about keeping Januworry in mind and now the dreaded month has arrived. Should you borrow money? Now that the festive season is over and South Africans have spent…
Starlink plans to lower satellite orbit to enhance safety
146 Starlink satellites being blasted into space aboard a SpaceX rocket in an undated file photo Starlink will begin a reconfiguration of its satellite constellation by lowering all of its satellites orbiting…
Don’t miss out: HFM’s Score and Roar promotion is in full swing!
138 Prizes include a BMW 2025 4 Series and an all-expenses-paid UK Premier League trip HFM’s Score and Roar promotion is well underway, bringing the excitement of football together with rewarding trading…
The 2025 increases that threatened your wallet
141 South African consumers are under constant financial pressure. South African consumers faced multiple financial pressures in 2025 as changes to the fuel levy and an increase in electricity tariffs took effect,…