Consumer spending leads economic recovery
Consumer spending leads economic recovery

The recent launch of the Mastercard SpendingPulse Report is a first for South Africa. The Report is an early indicator of consumer spending trends and is part of the change Mastercard is undergoing, and a space it is spending more time in.

By Danette Breitenbach 14 hours ago

Boris Dzhingarov
A potential market force, SA women face lending discrimination

In many African countries, including South Africa, poverty seems inescapable - and this is particularly the case for women. As Dr. Nkosazana Dlamini Zuma, former chair of the African Union Commission, has noted that “The face of poverty is feminine especially in South Africa” and women's leadership is a key part of transforming the nation. For Zuma, this means political leadership, but economic leadership is also vital.

By Boris Dzhingarov, Issued by Monetary Library 14 hours ago

KPMG woes worry Reserve Bank
KPMG woes worry Reserve Bank

The Reserve Bank will meet representatives of SA's banks to raise concerns over possible negative consequences should auditing firm KPMG be forced to close its doors over the South African Revenue Service (Sars) scandal it was embroiled in, people familiar with the matter said on Wednesday.

15 hours ago

Monde Mawasha, Coega Development Corporation programme director: information & communications technology (ICT) and research unit (RU)
It's time for Africa

The rise of the fourth industrial revolution (FIR) in the shape of digitalisation and internet connectivity is adding intricacy to future economies and their employment outcome. It therefore has the ability to drive Africa forward. It will enable innovation, propel new business models and improve the delivery of public services.

By Monde Mawasha 20 hours ago

The case for corporate renewable energy projects in Africa
The case for corporate renewable energy projects in Africa

Renewable energy has journeyed from the subsidised fringes of electricity supply to become an integral part of the power landscape, particularly across Africa where it has the potential to provide millions of citizens and businesses with access to a cleaner, more affordable, easily deployable and rapidly scalable source of power.

By Theuns Ehlers 1 day ago

Are central banks really threatened by cryptocurrency?
Are central banks really threatened by cryptocurrency?

While some central banks quake at the thought of losing monetary control with the advent of cryptocurrency, the big winner of the new technology is the client.

1 day ago

First solar-powered Nedbank branch launched
First solar-powered Nedbank branch launched

Nedbank has launched its first solar branch in Mncwasa in the Eastern Cape using SolarTurtle, a mobile service provider owned by members of the Mncwasa community.

1 day ago

No paying via Bitcoin just yet says Pick n Pay
No paying via Bitcoin just yet says Pick n Pay

Pick n Pay said on Monday it was unlikely to roll out the Bitcoin payment platform until there was a regulatory framework for managing risks associated with cryptocurrencies.

By Palesa Vuyolwethu Tshandu 1 day ago

Bank in row with regulator over evidence
Bank in row with regulator over evidence

Standard Bank and the Competition Commission were at loggerheads over the whereabouts of the antitrust regulator's forex investigation record, with the bank arguing the commission was retaining the record for strategic reasons.

1 day ago

Sasfin dumps KPMG after 18 years
Sasfin dumps KPMG after 18 years

Delivering yet another blow to KPMG's already battered reputation, JSE-listed Sasfin Holdings has fired the audit firm as its independent sponsor, and Deloitte & Touche have been appointed in its place, with immediate effect. The announcement ends an 18-year relationship with the KPMG.

2 days ago

Pick n Pay trials bitcoin payments
Pick n Pay trials bitcoin payments

Bitcoin payments could soon be commonplace at Pick n Pay. For a limited period, customers at the retailer's head office campus store have been able to use the cryptocurrency as a payment method by simply scanning a QR code using a Bitcoin wallet app on their smartphone when checking out.

2 days ago

The financial value chain and technology
The financial value chain and technology

Financial inclusivity is a prerequisite to building a healthy economy, especially in Africa.

2 days ago

Boris Dzhingarov
Expert traders weigh in on SA's investability

South African president Jacob Zuma recently addressed a business forum in China at the Xiamen International Conference & Exhibition Centre. The BRICS Business Forum (Brazil, Russia, India, China and South Africa) conference was attended by high-level dignitaries from developing countries, and the South African president took the initiative to express his discontent at the inequitable distribution of trade within the emerging market sector.

By Boris Dzhingarov, Issued by Monetary Library 3 days ago