Finance Wallpost Africa

Andre Cilliers
SOUTH AFRICA
Risk sentiment soars on rising Middle East tensions and US rate cut concerns

Source:
Source: Pixabay
[Andre Cilliers] Middle East tensions and US rate cut fears drive risk sentiment up, prompting investors to seek safe-havens like Dollar and Gold.

Posted 3 days ago | Like
Andre Cilliers
SOUTH AFRICA
Nervous markets as Middle East tension rises

Source:  - AI generated.
Source: Pixabay - AI generated.
[Andre Cilliers] Markets tense following Iran's attack on Israel Dollar steady, bond yields up...

Posted 4 days ago | Like
Katja Hamilton
SOUTH AFRICA
Transition to ZiG currency sparks trade disruption in Zimbabwe

Source: Reuters. A man poses with a handful of Zimbabwean dollars at a bank in central Harare, 15 June 2015. Zimbabweans began exchanging old notes of local dollars for US dollars, as President Robert Mugabe's government sought to officially bury the worthless currency. Reuters/Philimon Bulawayo/File Photo
Source: Reuters. A man poses with a handful of Zimbabwean dollars at a bank in central Harare, 15 June 2015. Zimbabweans began exchanging old notes of local dollars for US dollars, as President Robert Mugabe's government sought to officially bury the worthless currency. Reuters/Philimon Bulawayo/File Photo
[Katja Hamilton] The transition to Zimbabwe Gold currency is causing trade mayhem in the country, causing shop rejections and high conversion rates. Citizens face bank conversion delays and utility payment challenges...

Posted 8 days ago | Like
Raymond Parsons
SOUTH AFRICA
#SARBMPC: Central bank eyes late 2024 for cuts amid uncertainties

Source: Reuters.
Source: Reuters.
[Raymond Parsons] Rate cuts are not expected until late 2024...

Posted 22 days ago | Like
Katja Hamilton
SOUTH AFRICA
Nthabeleng Likotsi champions the first majority Black women-owned mutual bank

Source: Nthabeleng Likotsi, the founder and managing director of YWBN Mutual Bank.
Source: Nthabeleng Likotsi, the founder and managing director of YWBN Mutual Bank.
[Katja Hamilton] YWBN Mutual Bank is now officially registered, aiming for a 2025 launch...

Posted 1 month ago | Like
Katja Hamilton
SOUTH AFRICA
African Bank: Championing youth-led small-business solutions at GEC+ Africa

Source: Supplied. Minister of Small Business Development of South Africa, Stella Ndabeni-Abrahams.
Source: Supplied. Minister of Small Business Development of South Africa, Stella Ndabeni-Abrahams.
[Katja Hamilton] Minister of Small Business Development of South Africa, Stella Ndabeni-Abrahams unpacks interesting new funding models being developed for entrepreneurs at GEC+ Africa...

Posted 1 month ago | Like
Katja Hamilton
SOUTH AFRICA
Dlamini-Zuma sets stage for launch of new bank in South Africa

Source: Twitter/@DlaminiZuma DWYPD's minister, Nkosazana Dlamini-Zuma, attending the South Africa-Ghana Business Forum at Gallagher Convention Centre Midrand.
Source: Twitter/@DlaminiZuma DWYPD's minister, Nkosazana Dlamini-Zuma, attending the South Africa-Ghana Business Forum at Gallagher Convention Centre Midrand.
[Katja Hamilton] The country is preparing itself for a new bank, SAIFSC, initiated by the DWYPD, which aims to serve marginalised groups...

Posted 1 month ago | Like
Katja Hamilton
SOUTH AFRICA
Two-pot retirement reform hits teething problems...again

Source: Supplied. 123RF
Source: Supplied. 123RF
[Katja Hamilton] The two-pot retirement system looks set to kick off in September pending the approval of the 2024 Draft Revenue Laws Second Amendment Bill...

Posted 1 month ago | Like
Katja Hamilton
SOUTH AFRICA
JSE Connect: JSE CEO highlights innovation and market resilience

Source: JSE. Leila Fourie, JSE chief executive officer.
Source: JSE. Leila Fourie, JSE chief executive officer.
[Katja Hamilton] JSE CEO Leila Fourie advocates for transparency, collaboration, and investment promotion at JSE Connect Conference...

Posted 1 month ago | Like
Raymond Parsons
SOUTH AFRICA
#BudgetSpeech2024: Tackling South Africa's economic challenges head-on

Source: Supplied. Finance Minister, Enoch Godongwana
Source: Supplied. Finance Minister, Enoch Godongwana
[Raymond Parsons] Finance Minister Godongwana's Budget Speech addresses South Africa's economic challenges, focusing on fiscal consolidation, debt management, and stimulating growth...

Posted 1 month ago | Like
Katja Hamilton
SOUTH AFRICA
NHI monthly cost: Are you prepared to foot the bill?

Source:
Source: Pexels
[Katja Hamilton] South Africans face potential R1,500/month payroll tax for NHI funding. Alternatives include VAT, income tax hikes. Financial strain persists...

Posted 1 month ago | Like
Katja Hamilton
SOUTH AFRICA
#Sona2024: Ramaphosa's last address - Legacy, challenges, and climate action

Source: Reuters/2023. President Cyril Ramaphosa.
Source: Reuters/2023. President Cyril Ramaphosa.
[Katja Hamilton] President Cyril Ramaphosa delivered his final 2024 State of the Nation Address, reflecting on past achievements and addressing ongoing challenges, including climate change and economic reforms...

Posted 2 months ago | Like
Katja Hamilton
SOUTH AFRICA
Smart IDs: From government grants to payment cards? The deal that's raising eyebrows

Source: Postbank/Facebook.
Source: Postbank/Facebook.
[Katja Hamilton] Postbank collaborates with Tembo Investment Group to streamline Sassa R350 SRD grant collection...

Posted 2 months ago | Like
Jeff Ryan
SOUTH AFRICA
#BizTrends2024: 5 trends redefining business integration

Source: Supplied. Jeff Ryan, managing director for AWCape.
Source: Supplied. Jeff Ryan, managing director for AWCape.
[Jeff Ryan] Future trends in ERP revolution: Integration enhancements shaping business eficiency - insights by Jeff Ryan, managing director at AWCape, Sage Platinum business partner...

Posted 2 months ago | Like
Katja Hamilton
SOUTH AFRICA
Reserve Bank's deputy governor departure sparks questions

Source: Reuters.
Source: Reuters.
[Katja Hamilton] Amidst facing an MPC void after deputy governor Kuben Naidoo's exit, the Sarb has chosen to keep its repo rate steady at 8.25%...

Posted 2 months ago | Like
Harry Scherzer
SOUTH AFRICA
Sars will tax you on overseas investments, but you can mitigate its impact

Source:
Source: Pixabay
[Harry Scherzer] South African investors benefit from diversifying offshore due to a weak rand and underperforming local markets. However, banks' fees and lack of transparency pose challenges...

Posted 2 months ago | Like
Katja Hamilton
SOUTH AFRICA
#WEF24: Startups to test their AI models on European Commission supercomputers

Source:
Source: Pixabay
[Katja Hamilton] Ursula von der Leyen, the European Commission president, cautions about AI risks at WEF, while emphasising Europe's ambition for AI leadership...

Posted 2 months ago | Like
Keletso Mpisane
SOUTH AFRICA
#BizTrends2024: What tech trends will transform insurance?

Source: Supplied. Keletso Mpisane, head of MiWay Blink.
Source: Supplied. Keletso Mpisane, head of MiWay Blink.
[Keletso Mpisane] Technology has revolutionised insurance, making it faster and more personalised...

Posted 2 months ago | Like
Katja Hamilton
SOUTH AFRICA
#WEF24: Global leaders unite to drive initiatives for climate action and clean energy

Source:
Source: Pexels
[Katja Hamilton] The World Economic Forum's Davos meeting addressed global challenges, emphasized inclusivity, and saw key initiatives, including climate action, clean energy, AI governance, and gender parity commitments. Collaboration and progress were highlighted...

Posted 3 months ago | Like
Katja Hamilton
SOUTH AFRICA
The South African Reserve Bank's Kuben Naidoo has stepped down

Source: Reuters.
Source: Reuters.
[Katja Hamilton] The central bank's deputy governor Kuben Naidoo resigns, impacting monetary policy dynamics...

Posted 3 months ago | Like
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