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PayInc, formerly BankservAfrica, on Tuesday announced the conclusion of a landmark transaction that positions the South African Reserve Bank (SARB) as a 50% shareholder, alongside leading commercial banks.With all transaction steps now complete, the SARB joins Absa, Access Bank, African Bank, Capitec, Citibank SA, FirstRand, Investec, Nedbank and Standard Bank…

Invitation-Renowned Economist Prof Jeffrey Sachs headlines Unisa’s Founders LectureThe University of South Africa (Unisa) will hold the 2025 Founders’ Lecture and Gala Dinner at its main campus in Pretoria on Thursday, 20 November 2025, hosted by the Principal and Vice-Chancellor, Professor Puleng LenkaBula.Since its inception in 2004, the Founders’ Lecture…

The share price of Premier Group surged 7.5% on Tuesday after it reported strong half-year earnings and outlined the path ahead with the acquisition of food maker RFG Holdings.The fast-moving consumer goods company behind brands such as Blue Ribbon, Snowflake, and Iwisa reported revenue up 6.4% to R10.3 billion in…

Bank JP Morgan was notified Monday by Florida Attorney General James Uthmeier that it was opening a probe due to its cooperation with a probe with the Biden administration’s Arctic Frost, in an exclusive by American publication the Daily Wire.Uthmeier said in a letter to JP Morgan that he had “grave concerns” about things the…

For ages, we've been sold this shiny idea that retirement is “work hard for 40 years, invest, and boom”, welcome to your reward of endless golf, beach chairs, and grandkid photos. Punch in, punch out, straight to margarita time. But honestly, that’s looking pretty outdated now, almost like a hoax.…

It was around 2014, and I'd booked a mentorship chat with an up-and-coming social media agency owner I admired. We met at 54 Stanley's chic industrial vibe in Johannesburg, ordered sarmies, and I pitched my aspirational idea: leverage my broadcasting career, business undergrad training, and modest entrepreneurial experience into a…

Banele GinindzaThe Daybreak Business Rescue Practitioners (BRPs) have shortlisted four potential strategic equity partners (SEPs) for the Public Investment Corporation (PIC)-owned poultry producer, signalling growing confidence in the company’s turnaround efforts.Daybreak's Transaction advisor, Park Village Auctions (PVA), on Monday said the selected bidders are actively engaged in due diligence, including…

A suspected case of Foot-and-Mouth Disease (FMD) at Sparta Beef’s Alma farm in the Clocolan district has triggered a fraud investigation after the company discovered that cattle delivered from the Western Cape arrived with falsified veterinary documents.Sparta Beef confirmed that the cattle appeared healthy on paper, but inspections upon arrival…

Omnia Holdings’ mining explosives division, one of two core operations in the group, has continued to report robust profitability in spite of significant investments in the development of businesses in Canada and Australia, CEO Seelan Gobalsamy said Monday.The division reported 3% growth in revenue to R4.84 billion in the six…

A new report by the Bureau for Economic Research (BER) released on Monday has warned that while online sports betting remains highly profitable, it is having a growing and troubling impact on consumer finances across South Africa.The BER found that online betting has become the “national norm,” driven by the…