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Modern life requires us to know how money works. We don’t need to be financial whizzes, but we need to know the essentials and, importantly, acquire the skills and modify our behaviours if we want to be financially independent and secure. It’s this blend of knowledge, skills and behaviour-modifying experiences…

Capitec Bank Holdings’ founding member and CEO Gerrie Fourie retires at the bank’s annual meeting on July 18, 2025, after being part of the management team for 25 years.Graham Lee (50) will succeed Fourie on July 19, 2025. Lee has been a member of the group executive team since 2022.…

By Mike Benetello, Robyn Berger, Roné la Grange and Yasmeen SulimanAs we wait for the 2025 Budget Speech to be approved in South Africa, we look back with some longing on the boring and predictable Budgets of the past. Institutional investors, the kind the country is desperate to attract, loved…

Pick n Pay said it opened a new supermarket at Westown Square, a mixed-use development in Shongweni, KwaZulu-Natal on Thursday. The retail giant said that a Pick n Pay Clothing and Liquor store will also open in the centre.Pick n Pay said that the new store introduces key features that Pick…

The Beer Association of South Africa (BASA) announced its participation in a strategic tour of the KwaZulu-Natal (KZN) region, hosted by Massmart/Mass Cash.As a key bulk distributor of beverages, including beer, Massmart/Mass Cash is partnering with BASA and the South African Liquor Brand Owners’ Association (SALBA) to engage with traders…

By David PhilpottsWe consider some of the potential beneficiaries of a change in market leadership should the giant US technology stocks struggle to extend their outperformance.The past two years have seen remarkable resilience in equity markets, driven largely by the dominance of the “Magnificent-7” (Mag-7).These tech giants have all capitalised…

Saudi tailor Habib Mohammed's shop once made ornate, hand-woven cloaks for royals, a time-honoured craft he is determined to preserve even as mass-produced garments flood the market, threatening his traditional business.He makes "bisht", a long gown which for centuries has been a status symbol, worn by kings and princes --…

By David Rees The current pace and flux of geopolitics continues to disrupt markets - keeping investors across the globe on tenterhooks. The US/China relationship in particular is the most consequential bi-lateral relationship in the world, and in a way, is the axis around which other events are turning.There has been…

Social network TikTok is taking e-commerce by storm and will launch a new feature, dubbed TikTok Shop -- on Monday in France, Germany and Italy -- allowing direct purchases in the app, the company said on Thursday.TikTok Shop has been up and running in Spain and Ireland since last December.Users…

South African markets faced a downward trajectory yesterday, closing in negative territory primarily due to losses experienced within the mining and financial sectors. The JSE All Share index fell to 89,897.63, reflecting a broader trend in stock performance across various key sectors.Leading the decline among diversified miners, Anglo American, Kumba…