NEED A POINT-OF -SALE DEVICE FOR YOUR BUSINESS? MAKE SURE YOU UNDERSTAND YOUR OPTIONS

“ Netsai Ngidi  A reliable payment system is crucial for any business, not just for receiving payments, but for ensuring convenience, trust, and smooth operations. POS devices enable businesses to accept multiple payment methods, manage sales data, and enhance customer service. With so many options available, choosing the right POS device and payment method can…

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LATEST REPORT FROM CRESCO AND STANDARD BANK CALLS FOR SPEED, SCALE AND GRID CONNECTIVITY TO SECURE SA’S ENERGY FUTURE

South Africa’s energy transition is entering a critical phase, according to the latest Energy Market Projections report from Cresco and Standard Bank Corporate and Investment Banking. The June 2025 update builds on earlier projections from July 2024, incorporating substantial changes following November’s draft Integrated Resource Plan (IRP2024), which SANEDI remodelled using a multi-nodal approach. Cresco updates its…

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NEARLY 30% OF SOUTH AFRICANS ARE UNDERINSURED: BUDGET INSURANCE ISSUES A CALL TO CONSUMERS AHEAD OF NATIONAL INSURANCE AWARENESS DAY

As National Insurance Awareness Day approaches on 28 June, Budget Insurance is sounding the alarm: nearly 1 in 3 South Africans who submitted claims after household break-ins in the past year were not adequately insured, often discovering painful gaps in their cover when it was already too late. And while this points to household cover,…

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ILLICIT FINANCIAL FLOWS ARE DERAILING AFRICA’S FUTURE

The challenge of illicit financial flows (IFF) continues to undermine the future of Africa. This concerning issue hampers our ability to adequately fund education, healthcare, and critical development projects that are essential for lifting our people out of poverty and fostering sustainable economic growth. As business leaders, politicians, academics, and citizens, we cannot sit back….

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RETAIL SALES SURGE IN APRIL

Consumer spending began 2Q25 on a strong note, with retail sales rising by 5.1% y/y in April—up from a revised 1.2% in March (previously 1.5%), and significantly above market expectations of a 3.1% increase. On a monthly basis, retail volumes rebounded by 0.9%, following a 0.3% decline in March. Despite April’s strong performance, retail activity…

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