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 | | Chief operating officer Brandon Garbutt has announced his decision to depart Capital Legacy at year-end...read |
|  | PROMIT MUKHERJEE Maintaining its conservative lending approach, FirstRand, South Africa's largest bank by market value, reassures that its non-performing loan ratio will remain within the targeted range...read |
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 | MTHO MAPHUMULO For the past few days, the international news has been dominated by the missing Titanic submarine. One of the interesting questions that seemed to be prominent was the question of whether insurance claims could be submitted if the passengers of the submarine were not found... Read |
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| |  | KATJA HAMILTON Sherilyn Kamga, a 30-year-old rising star in FinOps, blends finance and technology. With Talend, she champions data integration and management, exuding enthusiasm in explaining her vital role... Read |  | |
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| |  | YOLANDI ESTERHUIZEN Government advances retirement reform and national health insurance, yet hurdles persist, as South Africans await further updates on progress... Read |  | |
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| Finance |
 | MISHECK MUTIZE Africa's imperative should be to establishing a dedicated credit-rating agency to reclaim its autonomy from Moody's, S&P, and Fitch, that currently hold a staggering 95% global market share... Read |
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| Accounting & Auditing |
 | ISSUED BY SAICA Sustainability reporting is about to be revolutionised thanks to the International Sustainability Standards Board's (ISSB) two new standards, which are due to be launched globally on 29 June 2023... Read |
 | ISSUED BY SAICA South Africa's best mathematics teacher for 2022, Tebogo Mokwene, 33, is pleased by the impact of the South African Institute of Chartered Accountant's (Saica's) development camps in holistically reshaping and developing learners' schooling careers... Read |
 | ISSUED BY SAICA The South African Institute of Chartered Accountants (Saica) acknowledges the need for appropriate sanctions in the profession where required... Read |
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 | ISSUED BY AICPA & CIMA AICPA & CIMA praised the release of two new global sustainability disclosure standards from the International Financial Reporting Standards (IFRS) Foundation... Read |
| Banking |
 | The €100m is a developmental loan and will be spread across several categories of infrastructure... Read |
 | ADB, EIB, IsDB, and WHO jointly launch investment platform to bolster primary healthcare services, empowering development and resilience in Africa.... Read |
 | A Nedbank study shows encouraging savings progress among youth, but there is an urgent need for improved financial information and transparent guidance for goal achievement... Read |
| Economy |
 | PROMIT MUKHERJEE On Tuesday, 20 June, the South African central bank announced its groundbreaking decision to modify the model that influences its interest rate determinations. Read |
 | President Ramaphosa accepts Macron's invitation to engage at New Global Financing Pact Summit in Paris on 22-23 June 2023... Read |
 | Inflation slows to 13-month low... Read |
 | May 2023: Salaries decline amid economic challenges and inflation, while private pensions show resilience: BankservAfrica Report... Read |
 | The Department of Tourism, in conjunction with the Department of Small Business Development and the Free State Department of Economic Development, will be convening a community engagement session. Read |
 | FNB Retirement Survey: Eight in 10 South Africans intend to work past retirement age due to inadequate savings. Four in 10 without a plan will rely on asset sales or government grants... Read |
 | Enhanced funding for South Africa's Just Energy Transition empowers substantial investments in strengthening the power grid and expanding renewable energy production... Read |
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| Financial Services |
 | GEORGE OBULUTSA Rwanda and international development banks plan to raise an extra €300m ($328.86m) to help the country adapt to a changing climate, the International Monetary Fund (IMF) said on Thursday... Read |
 | JENNIFER RIGBY The partners of a scheme aimed at delivering Covid-19 vaccines to the world's poorest nations suggest redirecting billions of dollars towards future pandemic preparedness and vaccine manufacturing in Africa... Read |
| Fintech |
 | KARABO LEDWABA Tinashe Manyanya is the digital marketing manager for FinTech company Wonga. We catch up with this self-proclaimed data nerd about her exciting industry... Read |
 | Automated cash management reduces costs to retailers by 40% and supports customer choice says Mark Templemore-Walters, operations director at Cash Connect... Read |
 | Mypinpad secures $13m investment led by Crossfin Holdings, fueling global expansion and strengthening payments and authentication SaaS solutions... Read |
| Insurance & Actuarial |
 | ISSUED BY EASYDEBIT The insurance sector in South Africa serves as a vital component of the country's economy, offering financial protection to individuals and businesses... Read |
| Markets & Investment |
 | ANDRE CILLIERS Persistent high inflation is fueling market risk aversion, primarily driven by the hawkish stance of central banks... Read |
 | Markets around the world are in turmoil and the international investor needs all the help they can get to navigate troubled real estate waters... Read |
| Africa |
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 | Google for Startups has unveiled the 25 African startups chosen for this year's $4m (R72.7m) Black Founders Fund. Of these 25 startups, three South African companies have made the cut... Read |
 | ELIZABETH PINEAU AND JOHN IRISH The agreement with Senegal is the fourth JETP and follows deals with Indonesia, Vietnam and South Africa... Read |
| Business |
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 | aspers, which has its global investments housed in Amsterdam-listed Prosus, draws over two-thirds of its revenue from Tencent... Read |
 | KATE COLLIER, KENNETH COSTER & MBALI NKOSI The Department of Employment and Labour recently published the Draft Rehabilitation, Reintegration and Return to Work Regulation in terms of the Compensation for Occupational Injuries and Diseases Act for public comment... Read |
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