South Africa reaches settlement on Employment Equity laws
South Africa's Department of Employment and Labour and Trade Union Solidarity have signed a settlement agreement on employment equity laws, providing certainty for businesses....
Cosatu embarked on a socio-economic strike
The Congress of South African Trade Unions (Cosatu), which boasts roughly 2 million members across the country, embarked on a nationwide strike to protest...
Telkom initiated its restructuring process amid a massive R10bn loss
Telkom has faced significant financial challenges, reporting a massive R10 billion loss in its latest annual results due to impairments and tough market conditions....
NUMSA calls off Gautrain strike after successful negotiations
The National Union of Metalworkers (NUMSA) called off the planned strike for Gautrain employees after successful negotiations with Gautrain management. The talks had been...
Capitec is the best financial loyalty program in SA
According to a survey by TrendER/infoQuest, consumers, on average, belong to eight loyalty programs across various categories. Among different age groups, those in the...
iKhokha and Mastercard seek to drive contactless payments in SA
iKhokha and Mastercard collaborated on a case study exploring contactless payments in South Africa, which has a fast-growing contactless card penetration rate, with 25.8...
Momentum Insure launches a new cashback programme
Momentum Insure has launched a cashback program called "Safety Returns" that rewards clients for taking steps to ensure their safety. The program is available...
June/July 2023 in Review
COMPETITOR BRAND ACTIVITY
There were a few new campaigns over the period with most brands focusing on promoting their brand’s core values and value propositions....
National Treasury launches the Energy Bounce Back Loan Guarantee Scheme
South Africa's National Treasury has launched the Energy Bounce Back Loan Guarantee Scheme (EBB) to help small businesses and households deal with the impact...
PPC launches an employee share ownership scheme
PPC, South Africa's largest cement product manufacturer, has launched an employee share ownership trust that will give its South African staff a 10% shareholding,...