SUNDAY, 24 NOVEMBER 2024, 08:13
Russia’s plan to send two strategic bombers to Pretoria as a display of defence cooperation was postponed after the plan was criticised by one of the main members of South Africa’s coalition government.
Labour services group Adcorp reported its profits slipped in its half-year to end August after it felt pressure both in SA and Australia, as well as its own restructuring, However, it is eyeing a pickup in its second half as SA’s prospects improve, as well as an improved performance from its local contingent staffing business, which refers to casual or contract work.
An overview of the biggest business developments in SA and beyond.
State-owned companies will be given no additional funding for financial relief, according to Finance Minister Enoch Godongwana.
There was no top-up allocation for provincial education departments in Wednesday’s Medium-Term Budget Policy Statement.
Treasury cut its growth expectation for the current year and, contrary to expectation, increased its projected budget deficit from 4.5% to 5% of GDP – mostly due to disappointing tax income.
These are the five JSE-listed life insurance groups in South Africa and how much their CEOs earn.
The courier and logistics sector faces persistent threats from criminal activities in 2024.
Thousands of teaching positions are at risk for the next financial year in South Africa.
South Africa’s veterinarians are leaving in droves, and the Department of Agriculture wants to step in to reverse the trend, and ensure the country’s food security.
Capitec is expecting a big jump in basic and headline earnings, with the group benefitting from decreased impairments.
FNB is pioneering a new direction in private banking and wealth management in South Africa, moving beyond the ‘single contact point’ transactional service that has long defined the industry.
Multichoice has run its fifth raid on DStv and SuperSport piracy networks in three months, with the group threating more to come.
Business Unity South Africa (BUSA) says the country needs to rethink policies to deal with its many challenges, and aim to be more than a middle-of-the-road economy.
South Africa’s currency is riding a wave of positive sentiment that should push through to the end of the year – but economists warn that this has happened before, and to be wary of the good vibes running out.
The retreat was focused on helping CISOs maximise their understanding of how to run an effective SOC.
Although sentiment in the building sector continues to improve, 60% of those in the sector are not happy with current business conditions.
SARS commissioner Edward Kieswetter says that South Africa could really benefit from a new identification system linking all interactions with the government.
Network Platforms offers extensive connectivity solutions to ISPs, WISPs, and MSPs in South Africa.
Sun International has upped its interim dividend, with the group looking to expand into new digital markets.
Salga has signed a historic five-year wage deal with unions, providing CPI-linked increases for municipal workers.