Intellidex
latest news & developmentsSA’s R210 billion grid dilemma hits pause on load-shedding fix
Renewable energy could close the gap between demand and supply, ending load-shedding. But out-of-pocket Eskom must find money to upgrade its transmission infrastructure first
NPA must move fast for SA to escape grey list’s grasp
The National Prosecuting Authority is ready to act on state capture crimes but whether it has the ability to do so has been questioned
Despite progress, South Africa’s greylisting is in black and white
Financial Action Task Force noted the country made ‘a high-level political commitment’ to work with the watchdog to tackle money laundering
African Bank is daring to dream big
With the tagline ‘the audacity to believe’, it will need to be ambitious to be seen as a real competitor
‘Prepare for the worst’: 85% chance that SA will land on grey list
If the government is seen to be making serious efforts to comply with anti-money laundering requirements, the country’s greylisting might not last long
Absa’s Arrie Rautenbach long game can’t save bank from transformation critics
Rautenbach’s retail track record put him in good stead — and inadequate succession planning helped too
Capitec Bank flies high above Viceroy’s arrow
The bank took a knock after being labelled a loan shark by the short seller, but this has not stymied its growth
Banks battle for relevance in the platform era
While Standard Bank and FNB ward off fintech disruptors, their digital-only competitors battle on the fringes
Transaction Capital finds trust among used-car salesmen
The firm believes the second-hand vehicle business will thrive in a post-Covid world
Destruction hits business confidence
An already low sentiment will be set back by the Covid-19 pandemic, thin reforms and this week’s violence
Savings rise amid Covid fallout
Low interest rates usually encourage spending, but uncertainty created by the pandemic has driven people to save their cash in hard times
Investment bonds: ‘The outcome is not measured by money but by impact’
Social impact bonds focused on decreasing youth unemployment and improving early childhood learning have delivered positive outcomes the government can replicate to establish…
Public wage bill is impeding SA’s growth prospects — Busa
Business Unity South Africa is eager to talk to its social partners at Nedlac about how the spiralling public-sector wage bill can be tamed. And the organisation says these talks…
Mboweni faces taxing decisions
The finance minister must tread a tightrope to fix the economy as he prepares for next week’s budget speech
Moody’s stays mum on SA status
The ratings agency did not make a decision on South Africa’s rating leaving some analysts asking just when the axe will fall