What the Companies Act says about financial assistance and share buybacks

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<p><img src=”https://biz-file.com/c/2411/758192-208×117.jpg?2″ width=”208″ height=”117″ alt=”Image source: Aleksandr Khakimullin –” align=”left”><br><span >Image source: Aleksandr Khakimullin – [[www.123rf.com 123RF.com]]&lt;/span><p>On 25 July 2024, President Ramaphosa assented to the Companies Amendment Act, 2024...

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Black Friday acts as a launchpad for festive season sales success

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<p><img src=”https://biz-file.com/c/2411/758100-208×117.jpg?5″ width=”208″ height=”117″ alt=”Black Friday acts as a launchpad for festive season sales success” align=”left”><p>New retail statistics highlight a significant opportunity for South African retailers to build on...

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Treasury estimates economic cost of Construction Mafia at R63bn so far

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<p><img src=”https://biz-file.com/c/2411/758084-208×117.jpg?5″ width=”208″ height=”117″ alt=”Deputy finance minister Ashor Sarupen visited the National Construction Summit to deliver a R63bn Construction Mafia warning. Source: x.com” align=”left”><br><span >Deputy finance minister Ashor Sarupen...

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The true cost of borrowing: South Africans are losing their homes

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<p><img src=”https://biz-file.com/c/2411/758043-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Pexels.” align=”left”><br><span >Source: Pexels.&lt;/span><p>Unethical and unjustifiable – that’s how Renier Kriek, managing director of disruptive home financier Sentinel Homes, describes the Reserve Bank’s hesitation...

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Beyond borders: How foreign pensions empower South Africans to build global wealth

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<p><img src=”https://biz-file.com/c/2411/758002-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Supplied. Rex Cowley, director and co-founder of Overseas Trust and Pension.” align=”left”><br><span >Source: Supplied. Rex Cowley, director and co-founder of Overseas Trust and Pension.&lt;/span><p>As...

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Standard Bank unveils new support programme for township entrepreneurs

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<p><img src=”https://biz-file.com/c/2411/757975.jpg” width=”208″ height=”117″ alt=”Standard Bank unveils new support programme for township entrepreneurs” align=”left”><p>Standard Bank is launching a new initiative to provide hands-on support and resources for township entrepreneurs,...

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Earn crypto rewards when using Luno Pay at Pick n Pay stores

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<p><img src=”https://biz-file.com/c/2411/757923-208×117.png?5″ width=”208″ height=”117″ alt=”Earn crypto rewards when using Luno Pay at Pick n Pay stores” align=”left”><p>From Monday, 18 November 2024, customers will earn crypto rewards when they pay...

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Digital wallets up by 320%: Absa expects more growth on upcoming Black Friday

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<p><img src=”https://biz-file.com/c/2411/757841-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source:” align=”left”><br><span >Source: [[https://www.pexels.com/search/ecommerce/ Pexels]]&lt;/span><p>Absa has noted a significant increase in the total value of e-commerce transactions over the past year, with total turnover increasing...

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R7.6bn loan to implement just energy transition concluded

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<p><img src=”https://biz-file.com/c/2411/757852-208×117.jpg?2″ width=”208″ height=”117″ alt=”Image source: Chayanit Chankhong –” align=”left”><br><span >Image source: Chayanit Chankhong – [[www.123rf.com 123RF.com]]&lt;/span><p>South Africa’s efforts to shift towards a low emissions economy have been strengthened...

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Multilateral banks urged to boost funding for Africa’s methane reduction

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<p><img src=”https://biz-file.com/c/2411/757783-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source:” align=”left”><br><span >Source: [[https://www.pexels.com/search/cityscape/ Pexels]]&lt;/span><p>As methane emissions across Africa continue to rise and existing financing falls short of meeting international climate goals and fulfilling the...

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