Banking & Finance news

Source: © GGA South Africa’s townships, rural and peri-urban areas are seeing changes in consumer behaviour as card device penetration grows

Card acceptance spurs economic growth in underserved communities

Reasons to invest in the global luxury goods market

Reasons to invest in the global luxury goods market

21 May 2024

Battle of the beverages: Varun Beverages acquires BevCo, sets to expand African footprint

Battle of the beverages: Varun Beverages acquires BevCo, sets to expand African footprint

16 May 2024

With revenue from voice calls declining for MTN in South Africa, Chief Executive Sifiso Dabengwa is keen to drive up data usage particularly among high-worth South Africans. Image: MTN

Data becomes MTN's new turf war

Asha Speckman 13 Aug 2014

Trade and Industry Minister Rob Davies is confident that the Africa Growth and Opportunities Act will be renewed and that the local production of movies in South Africa will increase. Image: GCIS

Postive results likely from US-Africa summit says Davies

13 Aug 2014

Transport Minister Dipuo Peters has confirmed that billions will be spent on commuter rail infrastructure to try to persuade people to use railways rather than roads to get to and from work. Image: GCIS

Billions to be spent on railway commuter network

13 Aug 2014

Reserve Bank Govenor, Gill Marcus has promised African Bank R7bn in support for the current financial crisis it faces with bad debts amounting to about R17bn. Image: Reserve Bank

African Bank under curatorship

12 Aug 2014

Liberty says it is delivering on its strategies and providing BEE shareholders with value. Image: Isolated Images

Liberty's BEE earnings up to 664.7 cents a share

8 Aug 2014

Manufacturing up in June but impact still coming

Manufacturing up in June but impact still coming

Ntsakisi Maswanganyi 8 Aug 2014

Water management and cleaning up of river systems is one of the goals of the National Development Plan. Image:

Publication of government's latest 'five-year plan'

8 Aug 2014

Curro's Chris van der Merwe says expects to build seven private schools a year and may own more than 80 schools by 2020

Faith restored to Curro's high growth

8 Aug 2014

Sale of RCS to BNP Paribas now unconditional

Sale of RCS to BNP Paribas now unconditional

6 Aug 2014

Standard Bank's Nicholas Nkosi says that sales to car rental companies climbed sharply while those among private buyers indicated the buyers were still under pressure. Image:

Car sales decline cushioned by seasonal buying

David Furlonger 5 Aug 2014

Absa admits R700m exposure to R699 cars

Absa admits R700m exposure to R699 cars

Asha Speckman 4 Aug 2014

Intu Properties bought the Merry Hill Shopping Centre in Birmingham and this helped it to boost valuations and increase dividends to unit-holders. Image:

£602m profit in six months for Intu Properties

1 Aug 2014

AECI's Mark Dytor is looking for opportunities in other parts of the world because of strikes in SA and the weak state of the economy. Image: AECI

AECI plans to reduce its reliance on a weak SA

Nick Hedley 30 Jul 2014

Consumers fleece providers by cancelling debit orders

Consumers fleece providers by cancelling debit orders

29 Jul 2014

Abel Mnagadi says that thorough research coupled with detailed personal assessment should dictate where homebuyers look for properties. Image:

Pick neighbourhood before buying a house

Gaongalelwe Moatshe 28 Jul 2014

Spur sold food worth R5,5-billion in the year to June. Bet the waiters didn't earn 550m in tips.

Spur sells food worth R5.5bn in a year

28 Jul 2014

J MBusha's Analyst Farai Mapfinya says Vodacom will need to grow its data revenue to offset losses of termination rates. Image: Google+

Vodacom boosted by international growth

Samuel Mungadze 28 Jul 2014

MasterCard now accepted in The Gambia

MasterCard now accepted in The Gambia

28 Jul 2014

President Jacob Zuma says the New Development Bank brings with it tremendous development opportunities for Africa. He also called on Parliamentary members to conduct themselves with dignity and respect. Image: GCIS

Zuma responds to debate on Presidency's budget

25 Jul 2014

Ellies Holdings' Wayne Samson says group performance was hurt by delays in the roll-out of digital terrestrial television. Image: Ellies Holdings.

Ellies earnings drop as demand weakens

24 Jul 2014

SAB's Alan Clark says the first quarter produced strong growth for the company in Africa and Europe, which was partially offset by a drop in demand in Australia. Image: SABMiller

SABMiller first quarter total beverage volumes up 3%

Fifi Peters 24 Jul 2014

Transport Minister Dipuo Peters makes a bizarre claim that media houses and other unnamed people executed cyber-attacks on Sanral, causing billing problems. Image: GCIS

Cyber-attacks caused e-toll billing problems claims Peters

Linda Ensor 24 Jul 2014

Free app for private equity in Africa

Free app for private equity in Africa

24 Jul 2014

Vodafone has been downgraded by Moody's although the company said it expected strong growth to emerge from emerging markets such as South Africa and India. Image:

Vodafone gets downgraded by Moody's

Evan Pickworth 24 Jul 2014

Fifty most valuable South African brands led by MTN

Fifty most valuable South African brands led by MTN

24 Jul 2014

Anthony Clark of Vuvani says that a deal between Clover and Bowler Metcalf would make strategic sense. Image: Twitter

Clover-Bowler deal 'makes sense' say analysts

Nick Hedley 23 Jul 2014

Buying online business insurance: Be careful

Buying online business insurance: Be careful

John Kerby 22 Jul 2014

Investec's Graeme Katz says the new Brisbane building has stable tenants, retail space an is a solid investment for the group. Image:

Brisbane office building bought by Investec

Alistair Anderson 22 Jul 2014

Rising interest rates cycle could affect SMEs

Rising interest rates cycle could affect SMEs

Lee Bromfield 22 Jul 2014

The DTI's Lionel October says that year-long negotiations have resulted in Samsung undertaking to open a manufacturing plant at Dube Tradeport in KwaZulu-Natal. Image: DTI

Samsung's first African factory goes up in Dube

Nick Hedley 22 Jul 2014

More news

Reserve Bank Govenor, Gill Marcus has promised African Bank R7bn in support for the current financial crisis it faces with bad debts amounting to about R17bn. Image: Reserve Bank

African Bank under curatorship

12 Aug 2014

Liberty says it is delivering on its strategies and providing BEE shareholders with value. Image: Isolated Images

Liberty's BEE earnings up to 664.7 cents a share

8 Aug 2014

Manufacturing up in June but impact still coming

Manufacturing up in June but impact still coming

Ntsakisi Maswanganyi 8 Aug 2014

Water management and cleaning up of river systems is one of the goals of the National Development Plan. Image:

Publication of government's latest 'five-year plan'

8 Aug 2014

Curro's Chris van der Merwe says expects to build seven private schools a year and may own more than 80 schools by 2020

Faith restored to Curro's high growth

8 Aug 2014

Sale of RCS to BNP Paribas now unconditional

Sale of RCS to BNP Paribas now unconditional

6 Aug 2014

Standard Bank's Nicholas Nkosi says that sales to car rental companies climbed sharply while those among private buyers indicated the buyers were still under pressure. Image:

Car sales decline cushioned by seasonal buying

David Furlonger 5 Aug 2014

Absa admits R700m exposure to R699 cars

Absa admits R700m exposure to R699 cars

Asha Speckman 4 Aug 2014

Intu Properties bought the Merry Hill Shopping Centre in Birmingham and this helped it to boost valuations and increase dividends to unit-holders. Image:

£602m profit in six months for Intu Properties

1 Aug 2014

AECI's Mark Dytor is looking for opportunities in other parts of the world because of strikes in SA and the weak state of the economy. Image: AECI

AECI plans to reduce its reliance on a weak SA

Nick Hedley 30 Jul 2014

Consumers fleece providers by cancelling debit orders

Consumers fleece providers by cancelling debit orders

29 Jul 2014

Abel Mnagadi says that thorough research coupled with detailed personal assessment should dictate where homebuyers look for properties. Image:

Pick neighbourhood before buying a house

Gaongalelwe Moatshe 28 Jul 2014

Spur sold food worth R5,5-billion in the year to June. Bet the waiters didn't earn 550m in tips.

Spur sells food worth R5.5bn in a year

28 Jul 2014

J MBusha's Analyst Farai Mapfinya says Vodacom will need to grow its data revenue to offset losses of termination rates. Image: Google+

Vodacom boosted by international growth

Samuel Mungadze 28 Jul 2014

MasterCard now accepted in The Gambia

MasterCard now accepted in The Gambia

28 Jul 2014

President Jacob Zuma says the New Development Bank brings with it tremendous development opportunities for Africa. He also called on Parliamentary members to conduct themselves with dignity and respect. Image: GCIS

Zuma responds to debate on Presidency's budget

25 Jul 2014

Ellies Holdings' Wayne Samson says group performance was hurt by delays in the roll-out of digital terrestrial television. Image: Ellies Holdings.

Ellies earnings drop as demand weakens

24 Jul 2014

SAB's Alan Clark says the first quarter produced strong growth for the company in Africa and Europe, which was partially offset by a drop in demand in Australia. Image: SABMiller

SABMiller first quarter total beverage volumes up 3%

Fifi Peters 24 Jul 2014

Transport Minister Dipuo Peters makes a bizarre claim that media houses and other unnamed people executed cyber-attacks on Sanral, causing billing problems. Image: GCIS

Cyber-attacks caused e-toll billing problems claims Peters

Linda Ensor 24 Jul 2014

Free app for private equity in Africa

Free app for private equity in Africa

24 Jul 2014

Vodafone has been downgraded by Moody's although the company said it expected strong growth to emerge from emerging markets such as South Africa and India. Image:

Vodafone gets downgraded by Moody's

Evan Pickworth 24 Jul 2014

Fifty most valuable South African brands led by MTN

Fifty most valuable South African brands led by MTN

24 Jul 2014

Anthony Clark of Vuvani says that a deal between Clover and Bowler Metcalf would make strategic sense. Image: Twitter

Clover-Bowler deal 'makes sense' say analysts

Nick Hedley 23 Jul 2014

Buying online business insurance: Be careful

Buying online business insurance: Be careful

John Kerby 22 Jul 2014

Investec's Graeme Katz says the new Brisbane building has stable tenants, retail space an is a solid investment for the group. Image:

Brisbane office building bought by Investec

Alistair Anderson 22 Jul 2014

Rising interest rates cycle could affect SMEs

Rising interest rates cycle could affect SMEs

Lee Bromfield 22 Jul 2014

The DTI's Lionel October says that year-long negotiations have resulted in Samsung undertaking to open a manufacturing plant at Dube Tradeport in KwaZulu-Natal. Image: DTI

Samsung's first African factory goes up in Dube

Nick Hedley 22 Jul 2014

May total income for accommodation industry up 7.6% y/y: survey

May total income for accommodation industry up 7.6% y/y: survey

22 Jul 2014

No sustainable recovery in retail yet

No sustainable recovery in retail yet

John Loos 21 Jul 2014

NAPM calls for elimination of VAT on life saving medicines

NAPM calls for elimination of VAT on life saving medicines

21 Jul 2014

Kobus Verster, Aveng's new Chief Executive Officer says the cash raised from its bond placement will be used to reduce debt and for corporate purposes. Image: Aveng

Aveng gets R2bn from its bond placement

Nick Hedley 17 Jul 2014

Property sector recovering from poor start to the year

Property sector recovering from poor start to the year

Alistair Anderson 16 Jul 2014

Judge Dennis Davis recommends that certain government tax incentives should be axed and used in a more productive way to incentivise small business. Image:

Some tax incentives should be axed says Davis

Ntsakisi Maswanganyi 15 Jul 2014

Old Mutual's Evan Robins says that Synergy may be the target of an offer from Vukile Property Fund.

Good returns from Synergy's linked units

Alistair Anderson 15 Jul 2014

Peter Takaendesa says Business Connexion's likely to accept the R2.7bn cash offer it has received from Telkom. Image:

Telkom's offer for BCX presented to shareholders

Samuel Mungadze 15 Jul 2014

New website, YouTube channel for Assupol

New website, YouTube channel for Assupol

14 Jul 2014

New mobile card payment solution launches in South Africa

New mobile card payment solution launches in South Africa

10 Jul 2014

'Timing is everything' in saving a business

'Timing is everything' in saving a business

7 Jul 2014

Gautrain is milking taxpayers of millions

Gautrain is milking taxpayers of millions

7 Jul 2014

Cars set for auction as new vehicle sales slow

Cars set for auction as new vehicle sales slow

7 Jul 2014

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