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Business

Ethical business practice in demand

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Millennials are actively supporting businesses with sound ESG principles, and boycotting those without

Africa low on refineries, including oil-producer Nigeria

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Because of their lack of oil refineries, African countries become vulnerable to fluctuations on global markets

Reserve Bank mulls the future of money in the digital age

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Distributed ledger technology, most commonly used to trade and store cryptocurrencies, could have a massive impact on the traditional financial system

Treasury’s most senior official to leave in June

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Dondo Mogajane is set to pursue new opportunities outside the public sector after his contract as treasury director general expires

Absa’s Arrie Rautenbach long game can’t save bank from transformation critics

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Rautenbach’s retail track record put him in good stead — and inadequate succession planning helped too

Nigeria’s economy short circuits despite oil gains

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Africa’s largest oil producer has not been able to cash in fully on the price rally because of lacklustre production and its reliance on imported fuel

Sugar tax on drinks postponed until 2023

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Finance Minister Enoch Godongwana has announced a postponement of the sugar tax for 12 months

JSE to amend requirements to enable actively managed ETF listings

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The local bourse has seen an uptick in the listing of exchange-traded funds, which allow investors to combine equity, debt, property and commodity exposure at a fairly low cost

Jobless crisis: 35 in 100 are out of work

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It’s not sustainable for every employed person to support three others, analysts say

Brief reprieve for motorists: treasury reduces fuel levy by R1.50 a litre until the end of May

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The emergency fuel-price intervention was announced by the treasury in the parliament on Thursday afternoon, in light of skyrocketing global oil prices

Absa announces first internal chief executive appointment since 2006

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Arrie Rautenbach has been appointed to head up the banking group more than a year after his predecessor’s sudden departure

Another record high as 7.9-million people remain jobless in South Africa

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Record new high for unemployment in South Africa, as Stats SA releases jobs data for the fourth quarter of 2021

Cape Town closing in on top spot in Africa’s financial hubs rankings

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A growing and vibrant tech ecosystem has begun to have a positive impact on ratings of Africa’s top financial hubs

South Africa looks to capitalise as digital economy set to grow

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President Cyril Ramaphosa has underlined the importance of expanding digital access to help to grow the economy

To do business with government, Huawei must have South African staff

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So says Luvuyo Keyise, the chief executive of the State Information Technology Agency, who has given the tech giant six months to bring South Africans into the fold

Excluded from the economy, but ‘women work all the time’

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More women than men are unemployed, partly because they are engaged in unpaid labour: caregiving, cooking and cleaning

Failing Transnet railway line threatens Exxaro’s coal exports

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Coal orders from Europe have increased in light of Russia’s invasion of Ukraine, but dysfunctional local infrastructure remains a challenge

Black women get raw deal in adverts

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They are seen as drivers of consumerism, but sidelined in the industry that uses their images to sell products
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