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 | LINDSEY SCHUTTERS Vodacom Group’s strategic expansion fuels robust revenue growth and emerges as Africa’s largest fintech platform...read |
|  | | MTN and Jumo collaborate on Qwikloan, offering affordable short-term loans via MoMo platform, aiming for financial inclusion in South Africa...read |
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 | Rob Rose has resigned from his position as editor of Financial Mail and will leave at the end of this month... Read |
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| |  | In 2024, South Africans face financial challenges amid rising inflation. Life insurers adapt to evolving industry dynamics by prioritising trust, client-centricity, income protection, and technology integration for sustained growth... Read |  | |
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| Finance |
 | South Africa faces a retirement crisis, with only 6% on track for comfortable retirement, revealed in the 10X Investments Retirement Reality Report 2023... Read |
 | Mastercard reaffirms commitment to combat South Africa's youth unemployment crisis through continued partnership with Youth Employment Service (Yes), increasing intake from 12 to 14 for 2023/24... Read |
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| Banking |
 | South African lender Absa Group anticipates gains from increased Chinese private investment in Africa... Read |
 | African Development Bank's groundbreaking sustainable hybrid capital issuance, a G20 CAF compliant move, attracts strong investor demand, totalling over $6bn... Read |
| Economy |
 | Employment and Labour Minister Thulas Nxesi has announced a new National Minimum Wage (NMW) determination which will go up from R25,42 to R27,58 for each ordinary hour worked... Read |
 | Salaries and private pensions in South Africa improved slightly in 2023. Although nominal take-home pay increased, real earnings faced challenges, with potential relief in 2024 due to lower inflation and interest rates... Read |
 | South African manufacturing saw a sharp decline in January as the Absa Purchasing Managers' Index plummeted to 43.6 from December's 50.9, indicating a substantial contraction in activity... Read |
| Financial Services |
 | ISSUED BY THE NIELSEN NETWORK Lesaka is pleased to announce that Gaelebale 'Gaele' Manaka has joined the team as company secretary... Read |
| Markets & Investment |
 | Alexforbes acquires OUTvest, expanding services for diverse investment needs... Read |
 | LINDSEY SCHUTTERS Glencore salvaged its 2023 earnings with a strong second half performance to close out the year... Read |
 | PortfolioMetrix lists its first Actively Managed Exchange Traded Fund (AMETF), aiming for high income and capital preservation, now on Johannesburg Stock Exchange... Read |
| Business |
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 | DAMON BUSS In October 2023, Amazon confirmed their entry into the South African retail market, with the launch of Amazon.co.za planned for early 2024. But what impact will Amazon have on the local retail market, specifically the listed retailers? Read |
| New Press Office on Bizcommunity | More | Join |
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 | Launched in 2023 in Johannesburg, Mindful Masterminds empower children through transformative educational activities & learning resources to navigate life's challenges with mental fortitude, emotional resilience, leadership, growth mindset & unwavering self-belief. |
| Jobs offered |
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Cape Town Carnival is seeking to recruit a fundraising account manager.
Based in Cape Town, you will have the opportunity of helping non-profits make a difference! Read more >> |
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