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 | African Bank achieved R523m net profit for 2024, driven by diversification, innovative growth strategies, customer-centric solutions, and strengthened business banking offerings... read |
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 | | South Africa’s new Joint Standard for IT Governance mandates stringent risk management, emphasising third-party risks, software escrow, and operational resilience compliance...read |
|  | | Global organisations can boost their ability to detect high-risk transactions more than tenfold through better collaboration...read |
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 | African Bank appoints JP Okkers as Head: Digital Channel, advancing its Excelerate25 strategy with innovative leadership in inclusive, customer-centric digital banking... Read |
 | ISSUED BY AICPA & CIMA Over 70 new candidates have been awarded the CGMA designation at a convocation organised by AICPA & CIMA, in Harare, Zimbabwe... Read |
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| |  | ISSUED BY BIZCOMMUNITY.COM As the first quarter of the 21st century comes to a close, Bizcommunity’s annual BizTrends Content Feature will curate thought leadership across 19 sectors on trends most likely to impact the future of business in our region... Read |  | |
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| Finance |
 | From now till 10 December Nedbank’s TV, radio, print, and online adverts will carry a message about the financial abuse that forms part of the gender-based violence crisis in South Africa... Read |
| Banking |
 | SFUNDO PARAKOZOV Investec's half-year profit dipped 0.8%, but it raised its interim dividend amid revenue growth from lending, client franchises, and elevated rates... Read |
| Economy |
 | MARK PHILLIPS Annual CPI fell to 2.8% in October 2024, driven by fuel-price declines. This supports rate cuts amid easing food inflation and global uncertainties... Read |
 | PAUL MAKUBE South Africa's inflation fell to 2.8% in October, easing food inflation. A potential rate cut is possible, despite tight near-term outlooks. Read |
| Financial Services |
 | Network International launches Payfast 2024 State of Pay report... Read |
 | ISSUED BY AFRICAN RESPONSE As South Africa gears up for the festive season, stokvels across the country are preparing for their highly anticipated year-end payouts... Read |
 | PRIVESAN NAIDOO South Africans increasingly embrace cashless payments, with card, contactless, and digital transactions surging. Debit cards dominate, but credit usage rises seasonally... Read |
| Fintech |
 | PayJustNow has revealed its All the Things marketing campaign, being the first Buy Now Pay Later (BNPL) provider in the country to use computer-generated imagery (CGI)... Read |
| Markets & Investment |
 | ANKUR BANERJEE AND HARRY ROBERTSON The US dollar strengthened Tuesday, 26 November 2024 after President-elect Trump proposed tariffs on Mexico, Canada, and China, unsettling markets and driving currency volatility... Read |
| Taxation & Regulation |
 | JANINE WILL On 25 July 2024, President Ramaphosa assented to the Companies Amendment Act and the Companies Second Amendment Act, each of which will come into operation on a date to be fixed by the President by proclamation in the Gazette... Read |
| Africa |
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 | Global investors are assessing geographical exposures post-2024 US elections, with optimism for African markets, offering low valuations, growth, and diversification opportunities... Read |
 | Ninety One's $260m ACO Fund 3 launches, targeting African and emerging market private credit investments to foster sustainable development and infrastructure... Read |
| Business |
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 | SAVIOUS-PARKER KWINIKA Anglo American is in a precarious position with its De Beers ownership and may be looking for the highest bidder… Read |
 | NQOBILE DLUDLA South African grocery retailer Pick n Pay raised R8.5bn after selling a 34.4% stake in its discount chain Boxer at R54 per share to institutional investors in an initial public offering... Read |
 | LINDSEY SCHUTTERS Murray & Roberts went into the weekend with a share trade suspension while the company fixes its SA issues… Read |
 | Pepkor Holdings Limited has announced a 17% increase in group operating profit to R9.8bn with revenue growing to R85.1bn, driven by resilient performance across its retail and fintech operations... Read |
| New Press Office on Bizcommunity | More | Join |
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 | Droppa is South Africa's leading logistics provider, offering reliable, cost-effective delivery solutions for both big and small items, catering to businesses and individuals with ease and efficiency. |
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