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Ombud: Cultural nuances play a role in insurance disputes

Given South Africa's melting pot of cultures, insurance companies need to take nuances, particularly with language, into account when considering a disputed insurance pay outs

15 hours ago

Morocco regulator bans bitcoin payments

Morocco's currency regulator has announced a ban on transactions in bitcoin and other virtual currencies, in a country where foreign exchange flows are tightly controlled

10 hours ago

National Assembly approves sugar tax

The bill providing for the implementation of a tax on sugary beverages - the health promotion levy - was passed by the National Assembly on Tuesday

7 hours ago

Energy + investment = economic growth

Despite all the talk about nuclear builds, renewables and fracking, the local energy sector will remain static until regulatory and political stability return

16 hours ago

Iemas members to receive R109m in member benefits

With a rich history spanning over 80 years, Iemas Financial Services (Co-operative) Ltd. offers a comprehensive range of competitive financial products and services to over 160,000 members across South Africa

Issued by Iemas Financial Services 7 hours ago

UCT GSB case study wins African Governance Showcase competition

A case study on the governance failure at African Bank written by a UCT GSB professor and an MBA student was awarded first place in the annual African Governance Showcase competition

Issued by UCT Graduate School of Business 7 hours ago

How to find the best unsecured personal loan rates for your business

The riskiest situation entrepreneurs find themselves in is running the business with inadequate or lack of funds. They have to pay their members of staff, buy company equipment, etc

Issued by Naija Writers’ Coach 7 hours ago

Lessons for SA's 650,000 entrepreneurial businesses from BrightRock

Entrepreneurial inspiration from Suzanne Stevens, one of four founders and currently executive director of marketing at BrightRock since 2011, chosen for the Ernst & Young Entrepreneurial Winning Women programme in 2013

By Leigh Andrews 1 day ago

Mediclinic calls quits on Spire takeover

Mediclinic International on Monday morning halted its takeover bid for its London-listed associate Spire Healthcare

By Robert Laing 1 day ago

It's a matter of trust

While a good reputation takes time to build, but can be destroyed overnight. This is particularly true of the accountancy and audit profession

By Bongani Coka 1 day ago

BBM Messenger's Adam Pattison on chat, dark social and the new mobile economy

On his visit to South Africa for the MMA (Mobile Marketing Association) Forum in Johannesburg on 2 November and Mobile Monday in Cape Town on 6 November, Adam Pattison, vice president, Americas & EMEA at BBM Messenger, shared insights into chat or dark social and how this is shaping the mobile economy

By Jessica Tennant 2 days ago

Why hedges fund asset growth is declining

While more than 90% of industry assets have successfully transitioned into the regulated space, hedge fund industry assets under management (AUM) decreased by 9.1% year-on-year.

2 days ago

Corruption watchdog finds more than 20 banks handled money for Gupta companies in Transnet deal

More than 20 banks sent or received money to Gupta-linked companies, an investigation by the Organised Crime and Corruption Reporting Project (OCCRP) found

17 Nov 2017

#Newsmaker: Justine Cullinan wins Veuve Clicquot Elle Boss Corporate Award

5FM's station manager Justine Cullinan won the Corporate Award at the Veuve Clicquot Elle Boss Awards on Thursday, 9 November. It was just her and overall winner Amanda Dambuza, founder and director of consulting company Uyandiswa, who took home awards on the night

By Jessica Tennant 17 Nov 2017

Saica signs climate-related risk agreement

Saica has affirmed its commitment to sustainability reporting by signing a statement of support for the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

17 Nov 2017

Ruling on special tax provision spells good news for franchise operators

In a recent landmark case, the Tax Court upheld that a very special, and mostly under-utilised tax deduction allowed by section 24C of the Income Tax Act, No. 58 of 1962, may be applied to franchisee costs

By Natasha Wilkinson 16 Nov 2017

Strengthening of trade, investment ties at Africa ASEAN Business Expo

A delegation from South Africa's Black Business Council recently held talks in Johannesburg with business leaders from Singapore and Malaysia on potential investment

16 Nov 2017

No sign of probe KPMG promised

KPMG is scrambling to justify why there is no progress on setting up an independent investigation into work it did for the controversial Gupta family

16 Nov 2017

Township and rural economies to change the development narrative

The face of township and rural economies where unemployment, poverty and inequality are still rampant is fast changing, thanks to a successful public-private partnership which recognises the potential for emerging enterprises to contribute towards job creation and the mainstream economy.

Issued by Ithala Development Finance Corporation 15 Nov 2017

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International

How fintech is breaking down barriers in the EU

When thinking about financial technologies, it is natural to assume the term stands for recent developments. Fintech, however, is not a newcomer, but has been a column of the financial industry for the past 60 years or so.

By Boris Dzhingarov, Issued by Monetary Library 15 Nov 2017

WeChat Pay arrives in Paris department stores

PARIS - Chinese tourists visiting Paris are now able to pay for their purchases in two of the city's famous department stores with their smartphones, thanks the adoption of the payment app of the popular Chinese social media network, WeChat.

9 Nov 2017

Redefine Properties to buy 25% stake in another Polish retail portfolio

Redefine Properties, the second largest SA-based property group, is due to expand its offshore property platform with another foray into Eastern Europe. It will acquire a 25% stake in a €1bn retail portfolio of 28 well-established assets in Poland.

By Alistair Anderson 7 Nov 2017

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