Transnet reports R1.6bn loss despite revenue increase
Transnet grapples with financial woes as it reports a significant half-year loss of R1.6 billion amid operational challenges. Despite a noteworthy 8.6% increase in...
Sanlam fintech enlists globally competitive exco team to its ranks
Sanlam has launched its fintech business cluster comprising a globally competitive executive team that aims to expand Sanlam’s fintech offerings and ensure its R143...
Tymebank leverages SA’s untapped R90 billion in unclaimed benefits
TymeBank is leveraging its Pay2ID system to address South Africa's R90 billion in unclaimed benefits. Partnering with Motor Industry Fund Administrators (MIFA), TymeBank has...
Discovery Bank takes top position in 2023 customer sentiment index
Discovery Bank achieved significant success in DataEQ's 2023 South African Banking Sentiment Index. The eighth annual report, based on a comprehensive analysis of over...
Eskom requests a R16bn bailout through equity conversion
Eskom Holdings SOC Ltd.'s latest financial manoeuvre reveals its bid to convert R16 billion of bailout funds into equity. The utility giant, grappling with...
Latest Credit Stress Report reveals increasing appetite for credit
According to the Eighty20’s Q3 2023 Credit Stress Report, South Africa has witnessed concerning trends in credit usage, with over 800 000 new entrants...
October/November 2023 in Review
COMPETITOR BRAND ACTIVITY
The South African financial landscape underwent significant transformations, notably in mergers and acquisitions. Clientèle's merger with Telesure Investment Holdings stood out, as...
The R3.8bn business funding rescue plan for SA’s post offices
Communications and Digital Technologies Minister Mondli Gungubele, along with business rescue practitioners, briefed the communications and digital portfolio committee on the SA Post Office's...
Absa’s ‘Run your City’ wins at the 2023 Sports Industry Awards
Absa's 'RUN YOUR CITY' campaign for 2023, titled 'Together, we can do more, Siyabangena,' has secured the Active and Wellness Award at the 2023...
FNB unveils a unique airport advertising campaign
FNB has unveiled a unique airport advertising campaign featuring large, glowing hanging cubes at O.R. Tambo International Airport, Cape Town International Airport and King...