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| KATJA HAMILTON Brics Summit starts energetically in Johannesburg; Industrial Development Corporation and Bank of China ink MOU to fortify regional trade and investment... read |
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| RACHEL SAVAGE Brics-founded New Development Bank concludes auction for inaugural South African rand bonds amid local fundraising and lending pressure, with strong investor interest...read |
| | KATJA HAMILTON President Cyril Ramaphosa reaffirmed South Africa's non-alignment and diplomacy commitment amidst a polarised world....read |
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| TANNUR ANDERS The 15th Brics summit has kicked off in SA, boosting the rand... Read |
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| | | BHARGAV ACHARYA Kicking off the 15th Brics Summit in Johannesburg this week, the Brics group, comprising Brazil, Russia, India, China, and South Africa, highlights key insights about the bloc and its members... Read |
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Finance |
| Recent triumphs by South Africa's netball and soccer teams showcase women's sports prowess. Eighty20 explores women's economic role, honoring their societal impact... Read |
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Accounting & Auditing |
| RACHEL SAVAGE A $436m "debt-for-nature" swap by Gabon to fund marine conservation has backers hoping for more such money-saving environmental deals, but some investors still see room for improvement in the increasingly-popular transactions... Read |
Banking |
| Standard Bank, Africa's largest asset lender, anticipates continued high bad loans in H2 due to borrowing costs straining debt payments... Read |
| On 17 August, Africa's largest asset holder, Standard Bank, reported a third profit surge due to higher interest, which is countering the impact on increased non-performing loans... Read |
Economy |
| It is hoped that the slower rate of real decline points in June points to a levelling out in real retail sales... Read |
| CARYN DOLLEY, MSINDISI FENGU, MARK HEYWOOD AND RAY MAHLAKA National Treasury imposes spending freeze on provincial government departments to avert financial collapse; budget cuts in 2024 may worsen services for the vulnerable... Read |
| PROMIT MUKHERJEE Minister of Electricity in the Presidency Kgosientsho Ramokgopa said that almost R5bn had been added to the municipal bill in 2023... Read |
Education & Training |
| ISSUED BY AICPA & CIMA Six-week learning opportunity developed by University of Oxford's Saïd Business School and AICPA & CIMA... Read |
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Financial Services |
| Aleph - the digital advertising company - has announced the launch of its global cross-border payments and credit underwriting unit, Aleph Payments... Read |
Fintech |
| ISSUED BY BINANCE The use of crypto for illegal activities has been a topic of concern since the early days of this new form of digital currency... Read |
| ISSUED BY BINANCE One of the main reasons people associate crypto with environmental harm is the energy-intensive nature of the mining process... Read |
Insurance & Actuarial |
| GARYN RAPSON, KENT DAVIS, PAULA-ANN NOVOTNY & DALIT ANSTEY Mirroring other leading financial sector regulators across the globe, South Africa's Prudential Authority (PA) has signaled to banks and insurers that it is time for them to consider and integrate climate-related risks into their business practices, strategy, and management and disclose climate-related risks... Read |
| ISSUED BY MSPORTS MARKETING Car and home insurer, Momentum Insure, is bucking the trend with their newly launched cashback programme - Safety Returns - that rewards clients who take steps to ensure their safety and that of their loved ones... Read |
Markets & Investment |
| NELSON BANYA A majority shareholder vote approved a proposed AngloGold Ashanti migration from the JSE to NYSE, as well as moving HQ to London... Read |
| ISSUED BY DENTSU The horizon of Africa's financial domain stands poised for an extraordinary metamorphosis, holding tantalizing prospects... Read |
| LINDSEY SCHUTTERS Sibanye-Stillwater released its trading statement and operational update that revealed a challenging first half of 2023... Read |
| NYASHA CHINGONO Zimbabwe will allow developers of carbon credits to keep as much as 70% of the proceeds for the first decade of the project, with 30% paid as an environmental levy, the government said in regulations published on Friday... Read |
Africa |
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| FELIX ONUAH Google plans to train 20,000 Nigerian women and youth in digital skills and provide a grant of 1.2bn naira ($1.6m) to help the government's create one million digital jobs in the country, its Africa executives said on Tuesday... Read |
Business |
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| AWS Skills Centre in Cape Town has officially been opened and aims to provide accessible cloud skills training, including free foundational cloud training, for individuals interested in cloud computing and its potential career opportunities... Read |
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