Business

The South African who went from being a security guard to managing over R7 billion
Zwelakhe Mnguni went from a job as a security guard to co-founding an asset management company that today oversees around R7.2 billion in assets.

Former Springbok captain’s company sold to security giant headed by another former Springbok
Springbok legend John Smit is the CEO of SSG Holdings, which is being sold to Fidelity Services Group, whose CEO, Wahl Bartmann, is also a former Springbok.

Dell Technologies Forum 2025 showcases the future of AI and innovation
This year’s event is set to take place at the Kyalami International Convention Centre on 6 November 2025.

R4.5 billion owed to South Africans – check if you’re one of them
The Johannesburg Stock Exchange (JSE) has reiterated its concern over the staggering R4.5 billion in unclaimed dividends still sitting idle in South Africa.

A second United States bill to sanction the ANC has just hit
Legislators in the United States Senate have hit South Africa with a second proposed bill to compel Washington to review its relations with Pretoria, sanction the ANC, and kick the country out of AGOA.

Why is UK inflation still rising?
UK Inflation has fallen from record highs but remains above the Bank of England’s 2% target.

Great news for interest rates in South Africa
Following a surprise drop in inflation in August, some economists believe South Africa could see two more cuts to interest rates this year.

JLR supply chain staff told apply for universal credit
Staff are being laid off with “reduced or zero pay” following a cyber attack, which has forced the carmaker to shut down, Unite union claims.

International investors buying South African company for R1.4 billion
A collection of US investors is looking to purchase Metrofile, which will be delisted from the JSE as part of the deal.

Big VAT changes coming for South Africa
National Treasury has outlined the significant VAT changes contained in the draft Tax Laws Amendment Bill as well as its plans to modernise South Africa’s VAT regime.