Tag: March 2023
Telkom to retrench 15% of its employees across the group
Telkom informed its shareholders that it was beginning a retrenchment negotiation process that is expected to impact up to 15% of total employees across...
OUTsurance delivers strong results and identifies Ireland as new market for...
OUTsurance announced strong results for the six months ended 31 December 2022. The Group reported a 150% jump in interim profits. OUTsurance said that...
Capitec announces new banking fees for 2023
In announcing Capitec’s new banking fees from 01 March 2023, it became evident that Capitec customers will see a sharp increase in the cost...
Ramaphosa calls for the swift turnaround of Transnet
President Ramaphosa met with Transnet’s board and executive management on 28 March, to discuss its challenges. These include an all-time low in 30 years,...
BrandMapp compares South Africa’s loyalty programmes
BrandMapp’s latest South African Loyalty Landscape report shows that 73% of South Africans were using reward schemes, at the end of 2022. South Africans...
National Treasury declares SAA no longer technically insolvent
In mid-February, ahead of the national budget, Treasury's Asset and Liability Management Division briefed the Standing Committee on Appropriations about the situation at various...
Capitec announces reaching the 20 million customers milestone
As Capitec reached its 22nd year of operations in South Africa in March 2023, the bank has also celebrated becoming the largest retail bank...
Discovery announces changes for its popular Vitality Rewards platform
Discovery has had a fair amount of media attention around its changes to the Vitality Rewards programme since 2020. The biggest fuss came about...
Eastern Cape to get a major renewable energy project
JUWI Renewable Energies, a global solar, wind and hybrid project developer, announced that its large-scale renewable Wolf Wind Project is under construction in the...
Standard Bank Insurance sees a change in funeral policy profiles
Standard Bank Insurance has reported changes to its funeral policy customers, over the past three years. Prior to COVID-19, the average age of funeral...