PIC seeks to buy a larger stake of Telkom or its assets
The Public Investment Corporation (PIC) is supporting former CEO Sipho Maseko's investment vehicle in a potential bid for a large stake in Telkom or...
New mining activity in KZN halted by the MCEJO
The Pietermaritzburg High Court has granted an interim interdict to halt new mining activity as part of the controversial expansion of the Somkhele coal...
Naked uses recent survey to launch new campaign
A survey by Naked Insurance in partnership with Mybroadband revealed that the average South African consumer spends 15 hours per month speaking to call...
ESKOM Workers demand a 12% wage hike and other benefits
The National Union of Metalworkers of South Africa (Numsa) has rejected Eskom's revised salary hike offer of 4.5%, up from the original 3.75%. Numsa...
TymeBank hits seven million customers in South Africa
TymeBank has achieved a significant milestone by reaching seven million customers. The bank is adding approximately 200 000 new customers each month, with a...
OSTI revealed insights into most complained about products and insurers
The Ombudsman for Short-Term Insurance (OSTI) has released its annual report for 2022, revealing a significant increase in registered complaints compared to the previous...
BusinessTech compares the returns on saving accounts at SA’s major banks
A BusinessTech poll revealed that 44% of the respondents have little to no savings or emergency funds and 44% said they could not survive...
Santam launches insurance product for micro township businesses
Santam has launched a digital insurance product for micro township enterprises, offering three cover options at monthly premiums of R75 to R195. The product...
OBS reveals insights into most complained about banks and products
According the Ombud for Banking Services (OBS) latest report, there was a high number of banking disputes related to current accounts and internet banking...
Santam reports positive results despite challenges
Santam faced challenges in the first quarter due to adverse weather and power surge claims affecting property insurance. Operating conditions were difficult, with electricity...