Can the stokvel, the home-grown savings institution tried and tested over the ages, go digital? At least two startup fintech companies reckon so, arguing that bringing zeros and ones to the traditional way of doing things offers a stockpile of advantages. An amount of R44-billion is collectively saved in 820 000 stokvels in the country annually, […]
Changed market conditions and an appalling economy has hit low end cash-and-carry outlets
The South African Reserve Bank’s monetary policy committee has unanimously decided to reduce the repo rate by 25 basis points, to 6.25%. This is the rate at which the bank lends money to other banks, which then lend it to people for things such as mortgages. The central bank revised the forecasted GDP growth for […]
In a SENS announcement on Friday, Old Mutual said the board had various engagements with Peter Moyo which led to the decision of his suspension.
Donald Trump’s cries of espionage reflect a US obsession with protectionism over open access
Those for the law say it will level the playing field whereas those against say it is anticompetitive
Critics say the new law will favour tech giants like Google and negatively affect the creative industry
Even one-year sentences will effectively disqualify state capturers from the realm of politics
The company may have more than four million customers, but it has not yet made a profit
Debt hit the original developer hard, but the district isn’t just waiting for the hammer to fall