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Smart Money Moves for the Save Squad is a newly launched digital children’s book designed to help young South Africans develop financial confidence and foundational money skills from an early age.Created in celebration of Alexforbes’ ninetieth anniversary, the group says the book is positioned as a gift to the next…

Local personal care and household products wholesaler, Continental Cash & Carry says its sales declined after big supplier for the industry, Johnson & Johnson changed its distribution model to a new one that now requires wholesalers to through intermediaries.The Competition Tribunal heard submissions from Continental Cash & Carry as well as from Johnson & Johnson on Wednesday. Continental…

Treasury officials said that only the headline Consumer Price Index (CPI) was considered as an inflation target measure, as the public was most familiar with that measure and that would help to anchor inflation expectations.When inflation targeting was introduced in South Africa in 2000, then Finance Minister Trevor Manuel mentioned the headline CPI…

For many women, the path from receiving a first salary to securing a comfortable retirement can feel like a long uphill journey. Factors like the gender pay gap, single parenthood and extended family responsibilities, and potential career breaks due to motherhood, compound how difficult it can be to save and…

The National Treasury has expressed confidence that the government was on course to improve public health finances, lower the national debt burden, while improving efficiency and effectiveness of spending even in a low-growth environment.Finance Minister Enoch Godongwana on Wednesday said the government remains on course to meet the fiscal targets…

Purple Group’s, headline earnings per share soared 143% to 4.3 cents in the year to August 31, marking a decade of execution of its mission to make investing easy, accessible, and rewarding for everyone.Group revenue increased by 21.5% to R487 million, with profit before tax up 156% to R110m. Net…

Although Transnet has not yet met its own targets, the Medium- Term Budget Policy Statement (MTBPS) notes that progress has been made. In particular, the Treasury said that Transnet's freight rail volumes increased in 2024/25 and port volumes have stabilised.“Reforms in freight logistics focus on upgrading poorly maintained infrastructure and introducing private-sector participation in…

The South African Post Office (Sapo) was not mentioned in the Medium-Term Budget Policy Statement (MTBPS), so I had to ask the Finance Minister Enoch Godongwana in his media briefing why that was so.He answered that this was because the Treasury and the Department of Communications and Digital Technologies had…

Finance Minister Enoch Godongwana is delivering his Medium-Term Budget Policy Statement (MTBPS) today. The nation watches on with a close eye as the MTBPS is a critical roadmap that outlines the government's fiscal policies and economic projections. The MTBPS is traditionally a platform for the government to signal its economic priorities and…

Although Eskom reported an annual profit in 2024/25, for the first time in a decade, the improved financial performance remains at risk, partly due to escalating municipal debt arrears.In 2023/24, government initiated a debt-relief arrangement to strengthen Eskom's balance sheet, enabling it to restructure and undertake essential investments and maintenance required to ensure a…