Business

South African public financial institutions, National Treasury, the Reserve Bank, and the Financial Service Board (FSB), on Friday welcomed Old Mutual’s decision to separate its four units by end of 2018. Old Mutual on Friday said it

Volkswagen South Africa walked away with top honours in the inaugural Top 50 Awards, a Nelson Mandela Bay Municipality incentive initiative to recognize excellence. The award was presented at a ceremony in Newton Park on Thursday with VWSA edging

After much speculation, Britain’s Barclays Bank Plc announced on Tuesday that it intends to sell down its 62.3 percent interest in Barclays Africa Group over the next two to three years. A statement from Barclays Africa confirmed the

PARLIAMENT, February 24 (ANA) – Treasury is set to further cut the bulging public sector wage bill as it attempts to lower the country’s expenditure ceiling by R25 billion over the next three years. Tabling the budget in Parliament on

Finance Minister Pravin Gordhan increased child support and welfare grants in the 2016 budget, tabled in Parliament on Wednesday. “The old age, disability and care dependency grants will rise by R80 to R1,500 in April 2016, and by a further

Global coffee and bakery chain Dunkin’ Brands Inc has signed a franchise agreement with South Africa’s Grand Parade Investments Ltd (GPI) to open more than 250 Dunkin’ Donuts restaurants and more than 70 Baskin-Robbins food shops

The National Credit Regulator says the number of applications for credit decreased 2.37% percent quarter-on-quarter from R12.13m in June to R11.85m in September. The NCR on Monday released the 'Consumer Credit Market Report'  and the

 Wool prices improved slightly at this week's sale. Cape Wools says its merino indicator gained half a percent on the sale a fortnight ago to close at R113.83 p/kg for clean wool. Spokesperson, Ona Viljoen, says traders reported

 South African wool prices softened at the final national wool sale of the season. Cape Wools spokeswoman Ona Viljoen said their Merino indicator dropped 1.7% to close at R94.11 cents p/kg for clean wool. This was 2.3% up on the opening