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 | | According to the South African Loyalty Whitepaper, 79% of consumers who use loyalty programmes claim to use Clicks ClubCard, while Pick n Pay Smart Shopper is the second most popular... read |
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 | | FNB reveals that stokvel members who use its digital account have contributed over R1.8bn since the solution was launched in 2020...read |
|  | NQOBILE DLUDLA AND RADHIKA ANILKUMAR Food producer Premier Group intends to make its stock market debut on the local exchange at a proposed price range of R53.82 - R67.04 per share...read |
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 | Yabx, a fintech venture headquartered at Netherlands, has announced its foray into Nigerian markets with a mission to democratise credit across the country with its digital lending offerings... Read |
| Banking |
 | The training arm of the Central Bank of Egypt has successfully launched the first round of its EBI executive programme for the African banking sector... Read |
 | The FNB Advancer Programme provides an opportunity for B2B businesses to unlock their potential by focusing heavily on improving the areas that drive business growth... Read |
| Economy |
 | ANAIT MIRIDZHANIAN The South African rand rallied on Thursday afternoon, as the dollar dropped sharply on lower-than-expected US inflation data that could allow the Federal Reserve to dial back its hefty interest rate hikes.... Read |
 | The Bill & Melinda Gates Foundation echoed African leaders' calls for countries to rapidly scale-up finance for climate adaptation... Read |
 | STEPHEN RUSHTON Consumers are hurting, interest rates are rising, and the risk of recession is ever-present. But beyond this storm, there is another storm gathering on the horizon: that of inflation dislocation and the knock-on effect for food producers... Read |
 | 72% of local executives have already taken steps to boost productivity in preparation for the anticipated recession... Read |
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| Education & Training |
 | ISSUED BY MILPARK EDUCATION With the launch of its School of Professional Accounting, Milpark Education aims to make finance and accounting skills, and the chartered accountant industry, more broadly accessible to South Africans... Read |
| Fintech |
 | ISSUED BY BITVENTURE Innovative biometric technology has streamlined business onboarding processes by saving time and reducing the costs related to manual onboarding procedures... Read |
| Insurance & Actuarial |
 | Only 3% of the population have health insurance in Nigeria... Read |
 | Prudential's appointment of a new chief executive officer, seeks to centralise Prudential's operations in Africa as well as strengthen and grow the business in markets where it currently operates... Read |
 | David Lerche has been appointed as the new chief investment officer of Sanlam Private Wealth with effect from 1 January 2023... Read |
 | A group of over 85 insurers in Africa has pledged to create a financing facility to provide $14bn of cover to help the continent deal with climate-disaster risks such as floods and droughts... Read |
| Markets & Investment |
 | €400m South Africa renewable energy investment initiative launched... Read |
 | The Reit will join seven other real estate companies with a secondary listing on A2X Read |
 | ISSUED BY IRVINE PARTNERS Norsad Capital, an impact investor offering tailor-made debt solutions to mid-market growth companies in sub-Saharan Africa, has extended a R100m stretched debt facility to RH Bophelo Limited for the expansion of its hospitals and clinics across South Africa... Read |
| Taxation & Regulation |
 | JANA KRAUSE AND JARRYD HARTLEY There is a misconception that foreign ES suppliers, who supply electronic services to persons in South Africa, do not have to register for VAT if the supplies are made via a South African VAT registered intermediary who accounts for the VAT... Read |
| Venture Capital |
 | MAHMOUD SALAMA Blnk, a fintech platform that enables instant consumer credit in Egypt, has closed one of the country's biggest funding rounds for a startup this year, raising $32m... Read |
| Africa |
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 | HUMPHREY MALALO A Kenyan court on Thursday allowed a request by public prosecutors to withdraw a 7.4bn shillings ($60m) corruption case against Deputy President Rigathi Gachagua, citing insufficient evidence... Read |
| Business |
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 | GRAEME MILLAR Many small businesses believe that because of their size, they don't have anything worth stealing. But with the festive season just around the corner, now is the time of year to pay even closer attention to cybersecurity... Read |
 | In the three months between July and September 2022, South Africa experienced more load shedding compared to the previous years... Read |
| Entrepreneurship |
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 | ISSUED BY JAMJAR AFFILIATES Outsourced CFO is to host its fifth Founders Conference - a leading SME event created to connect, inspire and motivate South African entrepreneurs from all industries... Read |
| New Press Offices on Bizcommunity | More | Join |
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 | Join a community from 180+ countries solar powering the world |
 | Talent Acquisition Consultancy providing global recruitment solutions. |
 | Advertising Week, the world's largest annual gathering of marketing, media, and technology leaders, makes its long-anticipated debut in Africa on 14-19 February 2023, after the planned launch was delayed by the global pandemic. |
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