Category: Business

As anticipated, the Monetary Policy Committee (MPC) kept the repo rate on hold at its meeting this week. While interest rates have already been reduced by 300 basis point for the year to date, to a near 50-year low of 3.5%, several analysts argued that there was in fact room for a further rate cut […]

Share with your network! South African Reserve Bank Governor, Lesetja Kganyago, announced on Thursday that the repo rate remains unchanged at 3.5%. The bank’s lending rate remains at 7% Share with your network! Tags: repo rate South African Reserve Bank Previous Off-Grid Power Projects Could Modernise South Africa’s Energy Sector

Decentralised power projects, or those that are not tied to the national grid, could play a major role in closing South Africa’s electricity supply gap and modernising its energy sector. The country’s electricity crisis – as reflected by ongoing instances of load-shedding, or planned power cuts – continues to weigh on the economy. The Council […]

Whether you are a person who keeps a low profile or a company in the limelight, anyone can be a victim of identity fraud. Nothing demonstrates this better than the recent marked rise in businesses receiving fraudulent credit applications, according to Christo Snyman, Director at Mazars in South Africa and Vice President of the International […]

From meal delivery services to do-your-own hair kits, South Africans, many of whom found themselves without an income during lockdown, had to innovate in order to survive. As a result, there has been a surge in home grown businesses. Global Entrepreneurship Week, which runs from 16 to 22 November, aims to empower, celebrate, and support […]

Along with many others, we often emphasise the importance of not giving in to your emotions and avoiding making rash, short-term decisions. Yet despite this, plenty of investors still fall prey to their emotions. So, what is the secret that sets successful investors apart from the rest? Investors are often told to take a long-term […]

For a prospective landlord who is new to the business, renting out one’s house can be very tasking especially when it comes to the kind of tenants you want and setting out house rules. Every business aim is to make a profit and renting out your house as well is a move for you to […]

With the presence of the likes of Opay, Paga, First Monie among others, there has been a rise in the rate of agent network in the money market in the past few years In case you do not know, Agent Network is mostly retailers who have move banking activities closer to people. It is also […]

The South Africa Reserve Bank (SARB) is expected to hold the repo rate this week, despite nearly half of economists on Finder’s repo rate panel calling for a rate cut.  12 of 14 economists (86%) on Finder’s panel say the SARB’s Monetary Policy Committee (MPC) will hold the rate, with just two (14%) expecting a […]

Building a business in Africa is now as much about embracing digital innovations as it is about understanding the nuances of each country and what it takes to succeed there. If businesses are to successfully expand into Africa, they must be willing to spend time researching the dynamic nature of each country it is targeting. […]