Can Kenny Fihla resuscitate Absa? Bank pockets R11 billion, half of Standard Bank’s earnings
Absa made R11.9 billion in headline earnings for the first half of…
Standard Bank pockets R24 billion in six months, while Capitec eyes earnings to surge above 22%
Headline earnings are a way of measuring a company’s core profit. The…
Life insurers settled 95.6% of all death claims in 2024, paid out R39.5 billion
Asisa started publishing the average pay-out rate of life insurers provide consumers…
Apple and pear exports lost R1 billion in 2024 due to Cape Town port inefficiencies
It is not only US tariffs that keep farmers and export agents…
Eskom burns nearly R6 billion on Diesel to keep lights on during winter
According to the power utility, there has been no rolling blackouts since…
Apple pledges additional $100 billion to make iPhone parts in US
Trump also announced 100% tariffs on computer chips and semiconductors manufactured outside…
Rami Chuene reacts to R11bn state capture recovery: ‘A yoh for each billion’
Rami Chuene reacts to shocking corruption scandal in SA Actress Rami Chuene…
Reserve Bank and Ibex reach final settlement of R6.3 billion on Steinhoff fraud
Steinhoff imploded in December 2017 when the auditors refused to sign off…
South Africa gets R8.4 billion loan to help fix and improve its energy sector
The money will be used to support the implementation of the Just…
Cogta warns municipalities against wasting R1.2 billion disaster relief
Batches of disaster relief funding will be paid to affected municipalities who…
