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 | Bizcommunity' Finance & Insurance site #BestofBiz 2024 list... read |
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 | PAULI VAN WYK The Daily Maverick says 20 cents in the rand of VBS creditors’ claims will be paid out by the end of January 2025...read |
|  | KATJA HAMILTON Former Finance Minister Trevor Manuel has been appointed to chair the newly established G20 Africa Expert Panel...read |
|  | KOPANO GUMBI South Africa saw Q3 FDI outflows of R3.2bn, portfolio inflows of R45.6bn, driven by government bond purchases...read |
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 | Spaza shop owners and food-handling facilities have until the end of the week to register their businesses for a traders' permit... Read |
| Accounting & Auditing |
 | KEDIBONE SONO, ISSUED BY SAICA Recent research conducted by the CMS has highlighted the dominance of two major audit firms within the medical schemes sector. These firms accounted for a substantial 79% of the amounts paid to external auditors in 2021 and 77% in 2020... Read |
| Banking |
 | SELENA LI HSBC and the World Bank’s IFC will jointly provide up to $1bn in funding to fill the trade finance gap in emerging markets, supporting cross-border trade and critical industries... Read |
 | ISSUED BY THE PUBLICITY WORKSHOP Access Holdings Plc (“Access Holdings”) is pleased to announce that its banking subsidiary, Access Bank Plc... Read |
| Economy |
 | KOKETSO MANO South Africa’s formal non-agricultural sectors lost 130,000 jobs in 3Q24, with part-time employment dropping 9.4%, but earnings outpaced inflation... Read |
 | Research commissioned by Capital Connect indicates that Black Friday and festive season retail spending could increase 6.5% in nominal terms compared to 2023... Read |
 | CLINTON LEASK November's spending patterns offer a promising glimpse into December’s potential, forecasting a total retail sales increase to approximately R136bn, marking a 17.3% rise compared to 2023 says Clinton Leask is head: product at Pay@... Read |
 | SA viticulturists expect the 2025 wine grape crop to improve on last year’s record-low yield, with forecasts pointing to a harvest similar to 2023’s 1.183 million tonnes — the second smallest in 20 years... Read |
 | PAUL MAKUBE Meat inflation drops to -0.1% in November 2024, providing relief for South African consumers as they prepare for festive braais. Prices remain lower than in previous years despite seasonal increases... Read |
 | BankservAfrica Economic Transactions Index’s latest data reveals economic activity continues to move sideways; however, rising optimism levels remain… Read |
| Fintech |
 | Merchants in South Africa’s cash-driven township and rural economy remain underserved by the mainstream financial services sector, creating the opportunity for fintech companies to address their pain points... Read |
 | Founded in 2020 and a 'disruptor' in the SMME lending space, Sourcefin is an enabler of the forgotten SMME and addresses the critical R300bn gap in SMME financing... Read |
| Markets & Investment |
 | LINDSEY SCHUTTERS The gold market is having a record run as investors flock to timeless assets… Read |
 | Over two decades, Facebook has navigated the evolving landscape of global digital advertising... Read |
 | This follows a proposed acquisition of the auto parts retailers by Metair in October... Read |
 | STELLA QIU Asian shares fell on Chinese stimulus concerns, while US yields rose amid stable rate expectations. European stocks mixed; dollar strengthened globally... Read |
 | LINDSEY SCHUTTERS With Icasa approval, Telkom and the acquiring consortium are free to complete the administrative processes… Read |
| Africa |
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 | NYASHA CHINGONO Zimbabwe appears to be heading into another dry spell that could worsen hunger for millions of people already suffering from an El Nino-induced drought, the UN World Food Programme said on Thursday... Read |
 | JENNIFER RIGBY There were around 11 million more cases of malaria in 2023 than in 2022, up to an estimated 263 million, according to a new World Health Organisation report, marking another year of negligible progress against the age-old killer... Read |
| Business |
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 | Adcock Ingram Limited has initiated a recall of Panado paediatric syrup in South Africa due to precipitation in the syrup’s active ingredient, paracetamol... Read |
 | JENNIFER BARKHUIZEN With the festive season fast approaching, South African businesses are gearing up for the increased demand by hiring temporary staff. However, rushing this process could expose businesses to unnecessary risks... Read |
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 | The Association of International Certified Professional Accountants® (the Association), representing AICPA® & CIMA®, advances the global accounting and finance profession through its work on behalf of 689,000 AICPA and CIMA members, candidates and engaged professionals in 196 countries and territories. |
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