https://www.bizcommunity.com/Finance South Africa Finance, Banking & Insurance news 15 Finance news - South Africa https://www.bizcommunity.com/res/img/logo.gif https://www.bizcommunity.com/Finance en-us Sat, 25 Jul 2026 02:28:41 +0200 https://www.bizcommunity.com/article/cape-chamber-launches-countrywide-business-survey-301368a Ask ten business owners what it is like to do business in South Africa and you will probably get ten different answers. 1-270193 Fri, 24 Jul 2026 15:34:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/south-african-president-gets-court-order-halting-inquiry-into-farmgate-scandal-290257a South African President Cyril Ramaphosa was granted a court order on Friday, 24 July 2026 that temporarily halts a parliamentary impeachment inquiry from probing misconduct allegations over his "Farmgate" scandal. 1-270190 Fri, 24 Jul 2026 15:33:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/pic-leadership-crisis-deepens-as-masondo-steps-down-523540a Deputy Finance Minister David Masondo has resigned as chairperson of the Public Investment Corporation, amid deepening governance turmoil. 1-270176 Fri, 24 Jul 2026 12:50:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/the-danger-of-ambiguous-consent-settle-clauses-in-professional-indemnity-policies-634611a A United States court has held, in Kinsey & Kinsey, Inc. v Philadelphia Indem. Ins. Co. [2026], that a professional liability insurer breached its policy by settling a claim against one insured without the consent of the other insureds named under the same policy, despite a clause requiring the insurer to obtain “your consent” before settling. 1-270181 Fri, 24 Jul 2026 11:20:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/rand-slides-past-r1680-after-surprise-reserve-bank-rate-hold-523510a The South African rand weakened by more than 2% against the US dollar in the immediate aftermath of Thursday's Monetary Policy Committee (MPC) announcement that it had left interest rates unchanged, catching markets off guard after they had widely expected another 25 basis-point increase. 1-270166 Fri, 24 Jul 2026 10:45:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/why-digital-payout-solutions-are-becoming-retail-next-competitive-advantage-078065a As retailers face rising costs and growing competition, digital rewards and incentive platforms are becoming a strategic tool for improving operational efficiency and strengthening customer relationships. 1-270167 Fri, 24 Jul 2026 10:14:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/inside-the-precca-amendment-bill-part-2-the-ai-impact-189196a No discussion of corruption compliance in 2026 is complete without addressing artificial intelligence. 1-270148 Fri, 24 Jul 2026 08:03:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/surprise-hold-reserve-bank-freezes-rate-at-7-301308a Today's decision by the Reserve Bank will come as a relief to many, with the repo rate remaining unchanged at 7.0% and the prime lending rate holding steady at 10.5%. Four MPC members supported the decision to maintain the policy rate, while two favoured an increase of 25 basis points. 1-270153 Thu, 23 Jul 2026 19:04:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/reserve-bank-dilemma-will-cpi-surprise-trigger-another-rate-hike-078025a The Reserve Bank's MPC will announce its latest monetary policy decision this afternoon, with markets, businesses and consumers now looking to potentially price in a 25 basis-point rate hike. 1-270137 Thu, 23 Jul 2026 12:47:00 +0200 Bizcommunity Finance & Insurance South Africa https://www.bizcommunity.com/article/inside-the-precca-amendment-bill-part-1-harsher-sentences-lower-thresholds-301358a South Africa has been fighting corruption with legislation that, frankly, lacked teeth. The Prevention and Combating of Corrupt Activities Act 12 of 2004 (Precca) has long been the cornerstone of the country's anti-corruption framework — criminalising bribery, fraud and a broad range of corrupt conduct in both the public and private sectors. 1-270133 Thu, 23 Jul 2026 10:40:00 +0200 Bizcommunity Finance & Insurance South Africa