Gains across seven sectors diluted by heavy losses in retail and manufacturing BY Thanda Sithole, FNB and WesBank Senior Economist South Africa’s latest labour market figures show a decline in unemployment, but beneath the headline lies a more sobering reality: the improvement masks underlying weakness in the labour market. At first glance, the fourth quarter…
Today, adidas and Manchester United reveal the new away kit for the 2025/26 season – featuring a fresh take on the iconic snowflake graphic which has become synonymous with away kits of the past, particularly the classic 1992 away jersey – one of the club’s most iconic ever jerseys. Adorning the jersey’s white base is…
Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial close on a landmark USD 250 million financing facility for Aradel Energy Limited (“Aradel Energy” or the “Company”). The facility was structured to support Aradel Energy’s strategic growth agenda, including the acquisition of an…
The Gauteng Department of Health (GDoH) has acknowledged the recent judgment delivered by the Gauteng High Court regarding the provision of radiation oncology services to cancer patients. The Department is currently in the process of carefully studying the ruling to fully appreciate its contents and implications. Once this review has been concluded, the Department will…
Vodacom Business has announced the launch of its Extraordinary Business Advisory Board, a strategic initiative that aims to support digital transformation in the enterprise space. Featuring a panel of distinguished business leaders and technology experts, the board serves as a vital platform for providing insights, thought leadership, and guidance on emerging tech trends and business solutions…
FNB key transition within its Commercial Property Finance division. Siphamandla Mkhwanazi has assumed responsibility for the Commercial Property Finance research and economics portfolio, taking over from John Loos, who has officially retired from the bank. Mkhwanazi will now lead the delivery of economic insights, property market analysis, and thought leadership supporting FNB’s Commercial Property Finance…
National Treasury asks FNB to facilitate secure payouts starting 8 December 2025 FNB has been appointed by National Treasury to pay out Ithala SOC Limited depositors. This process will begin on 8 December 2025 via FNB’s national branch network. How FNB will help Ithala customers It is important to note that payments will only be…
BY:TANA MALINGA Standard Bank, Africa’s biggest bank by assets, is proud to announce that it has played a significant role in supporting Sanlam Private Equity (SPE) in its acquisition of Medhold, a leading supplier of medical devices and surgical supplies in South Africa and other selected African markets. Medhold offers a diversified portfolio of medical…
Sithobekile Masola In a proactive step to enhance financial security and operational integrity, Joburg Market has partnered with the South African Reserve Bank (SARB) to train its cashiers in advanced cash handling and currency authentication. The training, held at SARB’s Currency Management Division in Pretoria, equipped frontline staff with essential skills to identify genuine banknotes,…
As South Africa joins the global community in marking the International Day Against Drug Abuse and Illicit Trafficking (IDADAIT) in Standerton today, 26 June, the Department of Social Development (DSD) is cautioning South Africans against the use of illegal and unregistered treatment centres that are putting the lives of vulnerable people at serious risk. This…
