Almost all South African workers are regulated by minimum wages, be it the controversial sectoral minimum wages negotiated in bargaining councils, and often undemocratically extended to non-parties, or minimum wages prescribed by the Government. These…
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Spokesperson: Siphamandla Mkhwanazi, FNB Senior Economist Private sector credit (extended to households and corporates) eased further to 5.1% y/y in July, from 5.6% in the previous month. Downward pressure came from corporate credit, while household…
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Africa’s biggest grocery retailer, Shoprite, is exiting the continent’s most populated country, Nigeria, after 15 years. The Cape Town-based retailer has started a formal process to consider the potential sale of all or a majority…
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The latest 2020 Brand Finance® Africa Annual Survey has named FNB as the most valuable banking brand for the third year in a row. The FNB brand has been valued at R23.9 billion. “Being named…
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Johannesburg, 06 July 2020 – Standard Bank is proud to announce that SimplyBlu, one of its e-commerce solutions which recently went live in June, has received the Product of the Year 2020 vote in the…
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COVID-19 has caused aviation to virtually come to a standstill worldwide in recent months. The pandemic has an unprecedented impact on KLM Group’s activities. In order to cope with this difficult period and to secure…
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In March this year, FNB announced Cashflow Relief measures which offer customers a 3-month payment break through a separate credit agreement and assistance with credit insurance claims where relevant. The relief measures have been available…
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Talking about budgets is often the starting point in the financial education of kids. While budgeting can help you live within your means and stay solvent, only investing will help you become wealthy and financially…
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