Category: Finance
SARS is coming after crypto traders – what you need to know
SARS Targets Cryptocurrency Traders for Non-Compliance In a move to crack down on potential tax evasion, the South African Revenue Service (SARS) is actively monitoring [more…]
South African rand slips as Q1 unemployment rate climbs
South Africa’s economy faces significant challenges, with rising unemployment and declining mining output weighing on the country’s growth prospects. The rand weakened against major currencies [more…]
BHP chief urges Anglo investors to consider takeover benefits
BHP’s Bid for Anglo American Could Reshape South Africa’s Mining Landscape BHP, the world’s largest mining company, has set its sights on acquiring its smaller [more…]
Zimbabwe to fine businesses not using new official exchange rate
Zimbabwe Cracks Down on Businesses Using Inflated Exchange Rates for New Gold-Backed Currency In a bid to stabilize its newly introduced gold-backed currency, the Zimbabwe [more…]
What Happening on South Africa’s Markets?
South Africa’s Rand Strengthens Amidst Anticipation of U.S. Employment Data South Africa’s rand showed resilience on Tuesday, exhibiting a slight strengthening against the dollar amidst [more…]
Finance Minister Allocates R1.4 Billion to National Health Insurance, SAMATU Applauds
By Samkele Mchunu In a move hailed by healthcare professionals and advocates, Finance Minister Enoch Godongwana has allocated R1.4 billion to the National Health Insurance [more…]
The Worlds best African Airportts in 2024 according to Skytrax
Cape Town International Airport has been recognized as the top airport in Africa, according to a recent survey by Skytrax, a leading consumer ratings organization. [more…]
Navigating Africa’s Energy and Water Transition: Highlights from Enlit Africa 2024 Programme
Investors, financiers, and industry stakeholders, mark your calendars! The highly anticipated Enlit Africa 2024 is set to take place from the 21st to the 23rd [more…]
Here are the Richest countries in Africa
Lagos, Nigeria, May 6, 2024, Nigeria continues to solidify its position as the economic giant of Africa, with recent data affirming its dominance in the [more…]
World Bank Chief Expects Rich Nations to Meet African Donation Requests
In anticipation of an upcoming conference in Japan this December, African leaders have made an impassioned plea for richer nations to step up their contributions [more…]