176 Governor Lesetja Kganyago warned the ongoing Middle East war could interrupt the country’s growth recovery. The monetary policy committee (MPC) of the South African Reserve Bank (Sarb) has decided to keep…
Category: Business
War kills rate cut hopes as Reserve Bank warns of inflation spike
170 Reserve Bank governor Lesetja Kganyago The South African Reserve Bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel…
The R16-billion tech giant hiding in plain sight
220 Datatec group CEO Jens Montanana JSE-listed technology group Datatec has delivered a total shareholder return of 361%¹ over five years, making it one of the best-performing stocks in the local technology…
Standard Bank overtakes FirstRand to become Africa’s most valuable bank
174 Standard Bank’s market capitalisation has remained above R500 billion over the past few days. Standard Bank Group, Africa’s largest bank by assets, has overtaken FirstRand Group as the continent’s most valuable…
Solly Malatsi’s Post Office gamble
174 Communications minister Solly Malatsi. Image: DCDT Communications minister Solly Malatsi has denied claims by business rescue practitioners (BRPs) for the South African Post Office that his refusal to allow them to…
Setback for South Africa’s electricity market reform
166 The launch of South Africa’s wholesale electricity market has been pushed back from 1 April to the third quarter of 2026, the National Transmission Company South Africa (NTCSA) said on Thursday….
New Woolies CEO gets R100m carrot to double share price
140 Additional targets are growth in earnings and return on capital… New incoming CEO of Woolworths Holdings, Sam Ngumeni, has been awarded nearly 1 million shares in the company under a “special once-off outperformance” structure….
Africa powers mobile money to $2-trillion milestone
181 Global mobile money transactions surpassed US$2-trillion in 2025, doubling in just four years, according to the GSMA’s latest State of the Industry Report on Mobile Money. The mobile telecommunications industry body…
Durban’s finance leaders are done with AI theatre
167 Finance teams are not short of dashboards, automation tools or AI pilots. What they are short of is time and confidence. Time to close, time to forecast, time to interrogate variance…
The conflict of interest at the heart of PayShap’s slow adoption
181 Imagine it’s 2036. Unemployment has been halved, business confidence is robust, and millions of small and medium-sized enterprises are powering sustainable growth. South Africa finally looks like a country realising its…