Almost all battles inevitably produce winners and losers. The winners usually take all, and losers are left to lick their wounds.
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South Africa’s banking industry has additional movement. In a move that's further transformed the industry, Old Mutual, South Africa’s largest insurer by assets, has expanded its offerings by officially entering the banking industry at the end of last year.
The South African Reserve Bank (SARB) left interest rates unchanged yesterday, but signaled gradual cuts in future as inflation is expected to subside.
The Eastern Cape government, which governs the third poorest province in South Africa, is the worst payer of supplier invoices out of the country’s nine provincial governments.
In a major step forward for financial security, young tech innovator Olwethu Mabena has created a groundbreaking AI-powered, real-time fraud detection tool that defends banking fraud victims against the rising scourge of express kidnappings.
The Industrial Development Corporation (IDC) is reportedly in talks to acquire ArcelorMittal South Africa (AMSA) at a potential price of about R8.5 billion.
The Barloworld Rebuild Centre (BRC), where worn components of gigantic earth-moving machines are resurrected and given a second life, is an artisanal marvel.
Advocates For Transformation (AFT), a lobby group championing the interests of previously marginalised advocates, has re-ignited a 10-year old battle to take down the disliked 97-day payment rule, which is only in force at the Johannesburg Bar.
Local valve and actuator manufacturers are calling for tougher sanctions against contractors and importers that violate SA’s localisation regulations.
Luvo Tyandela and his dynamic team of highly-skilled investment professionals have in the past 15 years quietly built Mianzo Asset Management into one of the fastest growing asset managers in SA.
A seven-year battle between casino owners and bookmakers for the lucrative South African gambling market is set to intensify.
In a country where access to quality healthcare remains uneven, particularly across rural and underserved communities, technology is emerging as a powerful equaliser.