The SAI20 (Startup20 Artificial Intelligence Engagement Group), an official engagement group under the G20 framework, proudly announces its latest initiative to foster responsible and inclusive development of Artificial Intelligence (AI) technologies worldwide. Bringing together key voices from startups, academia, government, and civil society, SAI20 is committed to shaping an AI-driven future that upholds ethical values,…
First National Bank (FNB) hosted its highly anticipated Retirement Insights Survey 2025 today, bringing together top financial experts, policymakers, and media to discuss the evolving retirement landscape in South Africa. Held at the elegant Venue in Morningside, Sandton, the event unpacked the findings of FNB’s annual survey, offering a deep dive into the savings habits,…
FNB’s recent card data reveals that young South Africans born between 1997 and 2012 are growing more influential within the card payments’ customer base. FNB Card’s latest data shows Gen Z customers make up a growing 6.5% of the total spend within the bank’s retail banking segment, with their spend value growing by 11% year…
Nokuzola Cossie Trusts have become a buzzword in many social conversations – from YouTubers telling viewers to “buy every asset under a trust” to detractors calling them costly tools reserved for the rich. In an age of easily accessible advice, it can be difficult to decipher whether a trust is a practical tool or an…
“ 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…
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…
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,…
Gold has always held a unique place in the global financial system. It doesn’t generate income or pay dividends, but when inflation spikes, markets turn volatile or currencies weaken, gold can almost always be relied on to buck the trend and rise to the occasion. In 2025, this pattern has been repeating itself. Gold has…
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….
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…
