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Ramaphosa re-election boost

    South Africa’s ruling party elected a close ally of president Cyril Ramaphosa as its chairman in a key region, further bolstering his prospects of winning a second term.Trending, HeadlineRead More

    Standard Bank fires staff for creating ghost accounts

      Standard Bank has dismissed more than 30 employees for alleged irregularities in activating new bank accounts. This includes the creation of ghost accounts, which require minimal deposits, to help reach performance targets, Fin24 reported.Banking, Headline, Standard BankRead More

      South Africa is heading for a big interest rate hike

        South Africa is likely to see another interest rate hike next week, although the increase could be larger than previously forecast, say economists at the Bureau for Economic Research (BER).Banking, BER, HeadlineRead More

        Rand bleeds as dollar flex continues

          South Africa’s rand remains on the back foot against the dollar which continues to gain strength due to concerns over slowing economic growth globally, and rising interest rates, and war risks, leading to increased market volatility.Trending, ABSA, Citadel Global, HeadlineRead More

          5 important things happening in South Africa today

            Economists warn that South Africa’s unemployment statistics might be wrong. The health department wants South Africans to keep following three key Covid rules. Eskom burnt R3.4 billion in diesel over the last week. Feedback from judicial officials shows a crumbling court system.Government, Eskom, Headline, Sibanye-StillwaterRead More