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Monthly Archives: March 2024

Nedbank elevates its Greenbacks Rewards program

Nedbank has enhanced its Greenbacks rewards program, offering more benefits to members. Dharmesh Bhana, Executive: Loyalty and Rewards, highlights it as a way to...

Pepkor launches +more its digital loyalty program

Statista's 2024 data reveals that 98.7% of South Africans access the internet via mobile phones, prompting Pepkor, a prominent retailer in Southern Africa, to...

Public sector unions reject 4.7% wage increase offer

The Police and Civil Rights Union (Popcru) in South Africa is threatening disruptions to public services due to dissatisfaction with the approved 4.7% wage...

Discovery unveils Home Loan offering amid strategic growth plan

Discovery, led by CEO Adrian Gore, anticipates launching its home loan product in April, aiming to tap into South Africa's R1.4 trillion mortgage market....

Banks brace for losses from unpaid loans amid economic strain

In 2024, South Africa's major banks are projected to face R74 billion in losses from non-performing loans, exacerbated by rising living costs and persistently...

South Africa’s agriculture sector faces unexpected downturn

South Africa's agricultural sector faced an unexpected setback in the fourth quarter of 2023, as reported by Stats SA's latest gross domestic product (GDP)...

SAPO faces further branch closures and job losses

The South African Post Office (SAPO) has announced plans to close an additional 235 branches in 2024, as part of its ongoing Business Rescue...

Discovery reports positive half-year results and break-even for its bank

Discovery presented robust half-year results, highlighting the achievement of its banking arm, Discovery Bank, reaching monthly operational break-even ahead of schedule. Group CEO Adrian...

OUTsurance’s half-year earnings flat amid higher natural disaster claims

OUTsurance increased its interim dividend by 7.7% despite half-year financial results affected by severe storms in Australia. Normalised earnings reached R1.41 billion for the...

Avbob aims to boost literacy with the Road to Literacy campaign

The Avbob Road to Literacy campaign, launched in 2022, is expanding its reach this year by providing 500 mobile trolley libraries to underserved schools...

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