“The average nominal pay for August reached R15 578, representing a 5.8% increase on the R14 717 recorded in August 2022,” says Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements. “The August figure was also higher than July’s…
“The ETBCG programme unlocks grant access which is then matched with subsidised commercial funding in an innovative structure with great benefits for beneficiaries. The grant component completely changes the calculation for up-and-coming farmers,"…
"This follows a large decline of almost 11 points in July. Although the magnitude of the rise in business activity gives an impression of some strength here, at 50, the index is pointing to flat month-on-month manufacturing output growth in…
"We are aware of the need for mental wellness and how important it is to strike that balance, and as African Bank we are committed to promoting a healthy and sustainable approach to entrepreneurship," says Edna Montse, Chief Executive for Transformation…
"Besides a ramp-up of load-shedding intensity in July after the unexpected reprieve in June, it is not immediately clear what drove the large decline", says Absa bank.
"Because we understand the complexities of running a business, much emphasis has been placed on ensuring a seamless account opening, and management process, with one point of contact for both personal and business needs,"says Gordon Little,…
“Over the years, we have supported more than 3,500 Chinese commercial companies, corporations and state-owned enterprises (SOEs) in 15 African markets. This strategic partnership has broadened Africa’s working relationship with China and given…
"Business owners are finding this solution to be quite flexible and convenient as it allows them to transfer their own funds into the credit card and use it as a cash flow management tool with a very low risk of going into debt," says Wandile…
“Appreciating that the sector is cyclical, and currently facing numerous challenges, it is indeed encouraging to note that good growth was achieved over the past four seasons. However, in the same breath, it is critical that farmers prepare…
"A thin silver lining attached to loadshedding must not distract from the devastating blow loadshedding specifically, and failing rail, road, and port infrastructure more generally, are inflicting on the economy. The urgent need of a united…
"Aside from a standard savings account, there is a lack of stokvel investment vehicles in which members' savings can be invested for the long term. This is a missed opportunity for the stokvels, as their savings could potentially yield a higher…
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