South Africa expects TotalEnergies SE to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector.Energy, Headline, TotalEnergiesRead More
Nedbank economists expect July inflation numbers to hit higher at 7.7% next week – but the bank believes this will likely be the peak, with prices more subdued thereafter.Finance, Headline, Investec, NedbankRead More
John Loos, Property Sector Strategist at FNB Commercial Property Finance says that building activity held up well in the first half of the year considering the mounting economic pressures as inflation and interest rates continue to rise.Trending, FNBRead More
With ongoing load-shedding and further electricity rate hikes on the horizon, the business case for securing energy and managing costs has never been stronger.Industry News, Standard BankRead More
The Department of Justice and Correctional Services has implemented new regulatory amendments that increase the age of criminal capacity in South Africa.Government, HeadlineRead More
Standard Bank Group, South Africa’s biggest bank when measuring capital said Friday that it delivered record headline earnings of R15.3 billion for the six months to 30 June 2022, up 33% from the prior period, spurred by franchise growth.Banking, Headline, Standard BankRead More
President Cyril Ramaphosa has signed the Local Government: Municipal Systems Amendment Bill into law, barring municipal workers and senior managers from holding political office in South Africa.Government, HeadlineRead More
The National Treasury is expected to spend over R812 billion on public sector infrastructure over the next three years, says finance minister Enoch Gondongwana.Government, HeadlineRead More
Eastern Cape is in a deep healthcare crisis; Treasury talks up more infrastructure investment; Godongwana’s future at the finance department in question; and the ANC draws a line in the sand over suspended members.Business, Government, HeadlineRead More
Despite recent market volatility, investing doesn’t have to be a bumpy ride. Old Mutual’s smoothed bonus funds offer shock absorbers to level off the ups and downs.Industry News, Old MutualRead More
