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TikTok on Friday was hours from a deadline to find a non-Chinese owner or face a ban in the United States.The hugely popular video-sharing app, which has more than 170 million American users, is under threat from a US law that passed overwhelmingly last year and orders TikTok to split…

Banele GinidzaThe aluminium sector has said it was relieved to seem exempted from the sweeping 30% tariffs on products announced by US President Donald Trump, which exempts strategic minerals under which aluminium falls.Muzi Manzi, CEO of the Aluminium Federation of South Africa (AFISA), on Thursday said while he was yet…

The hefty tariffs imposed by the US President Donald Trump on imports to the world’s largest economy left a trail of turmoil on global financial markets, with the JSE All Share Index plunging 3.4% to 86 083 index points, its worst performance in more than a month.Trump on Wednesday unveiled…

By Nokwanda MathenjwaThe Minister of Finance Mr Enoch Godongwana presented his budget on the 12th of March 2025, after it as was postponed from its initial date which was the 19th of February 2025, the first time in South Africa’s democratic history.This was due to budget disagreements within the country’s…

The future of business mobility has arrived. Huawei’s Mate XT ULTIMATE DESIGN, the world’s first tri-fold smartphone, is now available in South Africa, ushering in a bold new chapter in device convergence, flexibility, and professional productivity.With the local arrival of the Huawei Mate X6 alongside it, South African professionals now…

When Capitec broke onto the retail banking scene over 20 years ago, I sensed that it would shake up the banking industry in South Africa. The simplicity and accessibility of its offering to consumers ensured its immediate success. But I didn’t expect the “ Big Four” (Absa, FNB, Nedbank, and…

South Africa's life insurance industry closed the year 2024 in a strong financial position, maintaining its ability to weather economic uncertainties, according to the Association for Savings and Investment South Africa (Asisa).With assets under management totalling a staggering R4.5 trillion, the industry also achieved a solvency buffer of 1.99—nearly double…

Under the new “two-pot” system, the cash in retirement-fund “savings pots” presents a real temptation to fund members, but withdrawing it should be resisted for a few very good reasons.An “instant gratification” mindset may kick in when you check the balances of the various “pots” in your retirement fund. It’s…

Imagine pouring your hard-earned money into an investment, trusting the promises of wealth and prosperity only to find yourself empty-handed, deceived, and abandoned. This is exactly the cautionary tale unfolding for those caught up in the financial schemes of Jacques Adriaan Jordaan—a name now ringing alarm bells thanks to the…

Insurance of any kind is a grudge purchase, and perhaps life and dread disease even more so because death, or being permanently incapacitated and unable to work, is not a pleasant thought. Yet, either a critical illness diagnosis or death will “not only have an immense emotional impact on your family…