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Credit bill aims for debt forgiveness
Credit bill aims for debt forgiveness
[Linda Ensor] The National Assembly its unanimous go-ahead to develop a bill amending the National Credit Act to provide debt relief to consumers... read
Yoco's CEO Katlego Maphai
Yoco raises funding for expansion
[Tom Jackson] South African fintech startup Yoco, which allows small businesses to accept card payments, has raised an undisclosed amount of funding... read
What happened to transformation?
What happened to transformation?
Black ownership is the hottest econo-political topic right now. Why can't South Africa get it right?.. read
BUDGET SPEECH
Known as the "Weekend Special", Des van Rooyen held the post of finance minister for all of four days. He is seen here with President Jacob Zuma. Source: Municipal Focus
Will Big Business step up to the plate to push growth?

Danette Breitenbach

The country's private sector doesn't usually flex its muscles when it comes to political matters, although it certainly showed its influence following the appointment of Des van Rooyen as finance minister... read
Top business sites in South Africa - January 2017
Top business sites in South Africa - January 2017
South African Minister of Finance Pravin Gordhan delivered the South African National Budget Speech for 2017 this week. This event attracts plenty of press and advertiser involvement annually, so here are the top business sites in South Africa for last month... read
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Insurance & Actuarial
Introducing Iemas Insurance Brokers (Pty) Ltd
Introducing Iemas Insurance Brokers (Pty) Ltd

Issued by Iemas Financial Services

In line with Iemas' continued commitment to improve operational efficiency and long-term sustainability, a decision was approved to transfer the Short-term Insurance (STI) and Financial Advisory Services (FAS) business of Iemas to a subsidiary company that will be wholly (100%) owned by Iemas... read
FSB to stop insurers spamming mobile numbers
FSB to stop insurers spamming mobile numbers
A draft replacement of the Financial Services Board (FSB) Policyholder Protection Rules (PPRs) will enable consumers to opt-out of unwanted SMS communication... read
Banking
#DesignIndaba2017: Nedbank inspires clients to see money differently
#DesignIndaba2017: Nedbank inspires clients to see money differently

Ann Nurock

I had the pleasure of attending Nedbank's official launch of its new brand repositioning during the first day of Design Indaba. The bank's new tagline challenges clients and society to ‘see money differently'. And this it does... read
Bad Ecobank loans still haunt Nedbank
Bad Ecobank loans still haunt Nedbank
The ghost of bad loans past at Ecobank Transnational Incorporated (ETI) is still haunting Nedbank... read
Education & Training
The 2017 Stokvel Exhibition Bokone Bophirima seeks to grow stokvels within the VTSD areas
The 2017 Stokvel Exhibition Bokone Bophirima seeks to grow stokvels within the VTSD areas

Issued by Seven Colors Communications

The Department of Finance, Economy and Enterprise Development (FEED) presents the annual 2017 Stokvel Exhibition as from 10-11 March at the Brazil Stadium, in Jouberton, Matlosana Local Municipality under the theme “The People's economy”... read
BDO Durban's trainees achieve 100% pass rate
BDO Durban's trainees achieve 100% pass rate
BDO South Africa has announced that all 16 of its accountancy trainees who wrote the SAICA APC Exam in November 2016 have passed, with Kelton Bingham being placed on the honours roll... read
Financial Services
Health insurance products get a two-year breather
Health insurance products get a two-year breather
Primary healthcare insurance products under threat from proposed regulations have been given a two-year exemption lifeline... read
How microfinance reduces gender inequality in developing countries
How microfinance reduces gender inequality in developing countries

Quanda Zhang and Alberto Posso

An increase in the proportion of women accessing microfinance services by just 15% could potentially reduce gender inequality, as measured by the Gender Inequality Index, by half in the average developing nation... read
Fintech
Source:
Thomson Reuters app simplies forex auctions
The Thomson Reuters Eikon Auctions app has been used successfully for the first time for live foreign exchange auctions in Ghana and Uganda... read
Peach Payments, Callpay launch EFT payment system for SA e-commerce
Peach Payments, Callpay launch EFT payment system for SA e-commerce

Tom Jackson

South African mobile payments startup Peach Payments has partnered secure payments solution Callpay to provide automated electronic fund transfers... read
Markets & Investment
Direct property or unit trusts – which is best?
Direct property or unit trusts – which is best?

Jan Vlok

A very interesting question almost every investor asks themselves is: "If I want to invest money, do I need to buy a property, keep my money in the bank to earn fixed interest rates or invest in stocks?" read
Havas Prosumer Report: SA likes to borrow money but not pay it back!
Havas Prosumer Report: SA likes to borrow money but not pay it back!

Issued by Havas Johannesburg

86% of South African consumers believe their lives would be better if they had less debt; yet only 24% would sell most things they own to get rid of debt. This, according to the latest Havas Prosumer Report entitled “Money, Money, Money: Attitudes Towards Credit, Consumption and Cryptocurrency”... read
Globalisation: The start of a new Renaissance, or the end of an order?
Globalisation: The start of a new Renaissance, or the end of an order?

Issued by Gordon Institute of Business Science

The era of global connectivity has only just begun, according to Ian Goldin, Professor of Globalisation and Development at Oxford University and former Vice President of the World Bank... read
Curro to list higher education unit separately
Curro to list higher education unit separately

Robert Laing

Curro intends unbundling its tertiary-education division into a separately listed company, it said in its results statement on Tuesday... read

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Taxation & Regulation
Multinationals under the spotlight in 2017 Budget Speech
Multinationals under the spotlight in 2017 Budget Speech

Noxolo Ntombela

In his recent budget speech, South African Minister of Finance, Pravin Gordhan, emphasised that combating tax avoidance by multinational enterprises is still a top priority... read
Source: SAICA
Sugar tax and asset disclosures could add R1bn to budget revenue
There were several potential tax revenue windfalls that could increase the 2017-18 budget revenue estimate by more than R1bn, Treasury officials said in Parliament... read
Gordhan set to amend tax laws over collection
Gordhan set to amend tax laws over collection
Finance Minister Pravin Gordhan plans to amend tax laws to compel South African Revenue Service commissioner Tom Moyane to improve his tax collection accountability... read
But what about growth, Mr Gordhan?
But what about growth, Mr Gordhan?

Tertius Troost

Commentators have lauded the finance minister on a well-crafted budget, some even stating that it was a political masterstroke. But, are these descriptions accurate?.. read
Jobs offered
Intern Credit Controller - Pretoria
Intern credit controller needed for a marketing company situated in Faerie Glen. Will be responsible for the processing of suppliers, recons and filling. Read more >>



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