Standard Bank data shows that a significant portion of its customers, even among those earning a stable income, don’t have an immediate accessible cash savings that can serve as emergency savings. More than 45% of clients have no accessible emergency savings. Among Private Banking clients, who earn between R25,000 and R58,000 a month, more than…
Eskom confirms that the two contractual disputes with Framatome, the contractor for the Steam Generator Replacement Project at Koeberg Nuclear Power Station, are being addressed through the agreed resolution process. In accordance with the contract, disputes are first referred to adjudication and, if not resolved, to arbitration. Two disputes were adjudicated between December 2022 and…
PLEASE NOTE THIS IS AN UNREVISED SPEECH!!! It is an honour and a privilege to stand before you this morning on this occasion of the 3rd Annual African Continental Free Trade Area Conference. This event is taking place during a very important month in the South African and global calendar. The month of July marks Mandela…
Louis Van Ravesteyn A soybean harvested in Mpumalanga today moves through a value chain more structured than it was a decade ago. It travels from farm to storage through coordinated channels, often under the oversight of commercial offtakers with long-term supply relationships. Crushing plants are structured around scheduled throughput, aligned with feed manufacturers forecasting…
If you’re thinking about entering the 2025 YouthX Awards by Nedbank, then you are one step closer to unlocking your full potential. You’re also not alone or without guidance on this journey. Since making the top 10 in the 2024 YouthX awards, 4 of the finalists are now stepping in to offer their own advice,…
Building financial resilience requires good financial planning which will in turn help you meet your financial goals. However, this also comes with the responsibility of being disciplined and being prepared to learn and unlearn what you know about finances and money management. “Savings month presents the opportunity to help you understand that saving and setting…
Palesa Mabasa, is head of business development at FNB Small Medium Enterprises (SMEs) that do not prioritise employee productivity, as a crucial part of their overall strategy, could significantly hinder the success and growth of their businesses. “The key to driving productivity is a clear, people-first strategy built on the four pillars of incentives,…
Coca-Cola Beverages Africa (CCBA) has invested R365m in a new state-of-the-art bottling line capable of producing 72,000 bottles per hour at its plant in Midrand, South Africa. The high-speed production line marks a South African first, producing Bonaqua Pump Still 750ml and Powerade 500ml packs with an innovative sports bottle cap. Beyond this milestone, the…
Thembisa Shologu The BMW Group has successful launched its latest X3 Plug-in Hybrid Electric Vehicle in line with the commitment by countries to reduce emissions and support the transition to a low-carbon and climate resilient global economy. The event highlighted the firm’s commitment to strengthening South Africa’s economic vitality and advancing industrial innovation. The new…
Zingiswa Mndayi Joburg Property Company (JPC) has been recognised as one of South Africa’s Top Gender-Empowered Companies by Topco Media, in partnership with Standard Bank. Acting CEO Musah Makhunga welcomed the honour, saying it reflects the company’s ongoing commitment to gender transformation in the workplace. “We are proud to be recognised as a top gender-empowered…
