76 More and more consumers indicate in insurance surveys that severe weather and crime are their main worries. Severe weather and crime are increasing in South Africa and this means the risk…
Category: Business
Bitcoin surges to new all-time record high
66 Bitcoin, the world’s largest cryptocurrency by market value, hit a record high on Sunday and was up nearly 2.7% at US$125 245.57 at 7.12am SAST. Bitcoin’s previous record was $124 480 in mid-August,…
Best in banking service: A fourth consecutive win for Discovery Bank in ASK AFRICA Orange Index awards
116Discovery Bank also secured second place this year in the highly competitive private banking segment. The ASK AFRICA Orange Index®, a leading, independent benchmark study in the field of customer experience, released…
3 000 jobs saved in Tiger Brands’ canned foods business
79 The agreement of sale included a provision that there would be no retrenchments for at least three years. Tiger Brands has successfully sold its canned food business, Langeberg and Ashton Foods,…
Port of Gauteng aims to revitalise rail, remove 30% of trucks from the N3
79It could also bury Joburg’s existing inland port at City Deep by offering faster container turnaround times. The Port of Gauteng may be one of the first fruits of government’s decision to…
South Africa’s graduates and the entrepreneurial crossroads
74In South Africa, a degree no longer guarantees a job. Youth unemployment hovers at crisis levels, and many graduates struggle to find stable work in South Africa. Entrepreneurship, often touted as a…
Will raising retirement age ease pressure on South Africans?
71 Working until you turn 80 to afford a comfortable retirement sounds a bit much. But what about working just five years longer? We are living longer than we thought we would…
The R44m Mabuza estate warning for consumers – love, lobola and loopholes
68 Couples in a customary marriage should be careful about leaving a comprehensive will behind and ensure the union is registered before talking about lobola. If consumers thought that sorting out their…
Alexforbes caught in the middle as Mabuza’s wives and children fight over R44.7m
80 Alexforbes caught in the middle because the former deputy president delayed signing important documents. It seems Alexforbes is being painted as the bully who wanted to pay nearly R45 million to…
Rand gains, but gold is the shining star again as safe haven
81 South Africa lost more jobs in the second quarter, but the Absa PMI rebounded, while new vehicle sales, especially exports, did not disappoint. The weak economic news of the week was…