Standard Bank delivered lacklustre headline earnings growth of 4% to R44.5 billion for 2024, though its South African operations and insurance and asset management unit performed strongly.
The IMF says SA should cut spending and broaden the tax base, but warns that increased revenue collection efforts are unlikely to yield any large and sustainable increases.
Nasdaq-listed Karooooo Ltd., which provides vehicle-tracking and fleet-management services, will provide for an impairment of goodwill in its Mozambique operations due to the political upheaval gripping the southeast African nation.
A small increase in VAT is likely to be part of Wednesday's budget, which the DA is expected to oppose. However, no increase to VAT can take place without passing legislation through Parliament
SA can, in fact, sustainably cut borrowings and increase expenditure if it uses SARS proposals to raise an additional R800 billion in revenue. This would also lower bond yields substantially, and so the cost of borrowing, says Annabel Bishop.
Eskom chief financial officer Calib Cassim said that dealing with municipal debt nearing R100 billion will require a combination of solutions, including rolling out smart electricity meters.
A consortium looking to take control of industrial and consumer group Barloworld may need to keep SA's exclusive caterpillar dealer listed for now, but there are good reasons to keep on its management - and get it off the JSE, analysts say.
Absa’s interim CEO Charles Russon says SA should do everything possible to de-escalate the diplomatic standoff with US President Donald Trump's administration, though he acknowledges that won't be easy to achieve.
Geopolitical tensions may be on the rise globally amid the constant threat of trade wars, but UK grocery landlord Supermarket Income REIT is confident the defensive nature of its portfolio will help it weather the potential storms.
Trading a paid-off car is fairly uncomplicated as all you need to do is have your ownership documents at hand, have the vehicle valued and then negotiate a satisfactory trade-in value for it, says Lebo Gaoaketse, WesBank’s head of marketing and communication.
With load shedding making an unwelcome return and electricity tariffs continuing to rise, perhaps it's time to consider insuring your solar and inverters.
SPONSORED | Presented by the Limpopo Provincial Government and Standard Bank SA, these prestigious awards will celebrate businesses that are driving innovation, job creation and community upliftment
Maize meal, cooking oil, sugar beans, spinach and wors. These are some of the food items that have gone up in the past month, pushing up the cost of an average household food basket by R50.32 from R5,383.38 in December 2024 to R5,433.70 in January.
It took fibre service provider Vumatel less than seven hours last week to pay a consumer who had been begging to be refunded for his installation fee for more than two months.
“It’s a stepping stone to building long-term financial security. Choosing the right property in the right location can help you build equity faster, making it easier to move up the property ladder over time," says Adrian Goslett, regional director and CEO of RE/MAX
SPONSORED | To ensure the long-term relevance of their assets, commercial property owners must understand what's driving the trends shaping the retail sector's rapid evolution
Chinese online marketplace Temu and fast-fashion retailer Shein will be liable for the sale of unsafe and dangerous products on their platforms, the European Commission said on Wednesday.