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 | | Old Mutual Africa teams with Braintree to transform its finance operations...read |
|  | | Brand Finance's Africa 200 2024 shows MTN as the continent's most valuable brand, with Vodacom second and Standard Bank third...read |
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 | Discovery Bank's new home loan product offers personalised rates and up to 1% interest reduction through effective money management... Read |
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| Accounting & Auditing |
 | ISSUED BY AICPA & CIMA Barry Melancon, CPA, CGMA, has announced that he plans to retire on 31 December 2024 from his role... Read |
| Banking |
 | NQOBILE DLUDLA Investec's full-year profit rose 9.1%, driven by lending growth and higher interest rates, with headline earnings per share at 72.9 pence... Read |
 | Standard Bank, MiDA Advisors, and Acorn Holdings partner in $700m deal for green student housing in Kenya, creating 48,000 beds... Read |
| Economy |
 | April's inflation eased to 5.2%, down from 5.3% in March and 5.6% in February, per Stats SA. Food inflation slowed, except for certain items... Read |
 | To date, the private sector investment has attracted a total of R4.6bn and over 5,500 permanent jobs have been created... Read |
| Financial Services |
 | Affinity Health supports the NHI Bill, emphasising its goal to enhance universal health coverage in South Africa. CEO Murray Hewlett highlights the bill's potential to ensure equitable access to quality healthcare... Read |
| Fintech |
 | ISSUED BY DAREDEVIL PR In its closely-watched annual survey, Financial Times has ranked South African fintech consultancy Elenjical Solutions among Africa’s top 10 fastest growing software and IT companies... Read |
 | GEORGINA CROUTH The cryptocurrency exchange, which has been linked to Dimplx is bound to its contract and must enter into arbitration. But the minority partner argues that Binance is trying to hide money laundering and other crimes... Read |
 | Investors speculate on Fed easing, boosting ether and bitcoin; euro strengthens... Read |
| Insurance & Actuarial |
 | Kandua will merge with Santam’s existing home service offering, Home+, forming a wholly owned, independent subsidiary of the insurer... Read |
 | SCHALK MALAN Despite significant payouts, life insurers are among the least trusted... Read |
| Taxation & Regulation |
 | WENDELL ROELF AND KATE ABNETT South Africa may file a WTO complaint against the EU's carbon border levy, which imposes costs on carbon-intensive imports, seeking negotiation first... Read |
 | JACKIE PEART It has often been the case in the past, for a number of reasons, where a residential property was acquired by a company or close corporation, rather than the individual... Read |
 | GRAEME PALMER Where any asset is disposed of for a consideration which, in the opinion of Sars, is not an adequate consideration, that asset is deemed to have been disposed of as a donation... Read |
| Business |
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 | Ackerman Investment Holdings (AIH), the controlling shareholder of Pick n Pay, had provided a firm written confirmation to vote in favour of and to follow their pro rata rights under the anticipated Pick n Pay Rights Offer... Read |
 | Tiger Brands’ performance for the six months that ended 31 March 2024 reflects a tough trading environment in which consumers remain constrained... Read |
 | For many retailers, winter is one of the weakest periods for retail trading in South Africa. However, retailers can profit by stocking up on pharmaceutical goods, winter clothing and certain foods and beverages... Read |
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