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Standard Bank Group deputy CEO and CEO of Standard Bank of South Africa (SBSA), Kenny Fihla, the has tendered his resignation after an illustrious 18-year tenure at the bank.Standard Bank Group CEO, Sim Tshabalala, announced in a statement on Monday that Fihla tendered his resignation on Sunday night. Effective immediately, Fihla…

Sun International, the South African gaming and hospitality group, reported a better-than-expected financial performance for the year ended December 31, driven by significant growth in its online gaming division, Sunbet.Sun International CEO Anthony Leeming said: “Our omnichannel approach has helped the group navigate the evolving gaming environment and with our…

Bhekani Ndwandwe may not be a cultural, economic geographer or policy maker of that genre of development, but that lives in his blood and brain. His whole being is about cultural economic geography, the ultimate emancipator of humanity from financialised and monetarised living and livelihoods.Ndwandwe, who resides in one of…

SA Corporate Real Estate, owner of industrial, retail, and residential properties in the major metropolitan areas of South Africa, lifted its distribution to 24.37 cents a share for the year to December 31, from 23.18 cents per share the year before.The distribution announcement and prospects for the new financial year…

OUTsurance Group’s Australian subsidiary, Youi, may face losses of $40 million (about R459m) arising from the still uncertain insurance outcomes of Cyclone Alfred making landfall on the Queensland coast on March 7.The main peril from this event is flooding, OUTsurance directors said on Friday at the release of results for…

South African agricultural organisations have urged lawmakers to pivot towards establishing a robust bilateral engagement with the United States amid fears of the country losing its African Growth and Opportunity Act (Agoa) benefits. This comes on the back of hardening political relations between South Africa and the Trump administration, which has…

A well-structured financial plan is the foundation of long-term financial security. Research shows that individuals who follow a comprehensive plan are more likely to save consistently for retirement, manage debt effectively, and enjoy a comfortable lifestyle. Here we explore the essential components of a robust financial plan and how they…

 Finance Minister Enoch Godongwana delivered this year’s postponed Budget Speech, which presented a budget subject to Parliamentary approval. Knowing how the proposed Budget Speech affects you will give you the power to take control of your finances, relook at your financial plan, and have confidence in your financial future. The Budget Speech isn’t just about big numbers…

As the South African Reserve Bank (Sarb) Monetary Policy Committee (MPC) prepares to announce its interest rate decision this Thursday, experts are facing a split on whether another cut was imminent. Following a series of reductions from September 2024 to January 2025, anticipation builds around the next move - with…

By Zingiswa LosiGovernment has now tabled the revised Budget proposals to Parliament. It is now up to Parliament to consider, amend and ultimately adopt a Budget that will allow the State toprovide public services that the poor and the economy depend upon.We need to avoid an outcome of extremes. Workers…