08/13/2024
The new system, which has been established as an answer to the financial difficulties many South Africans hit during the Covid-19 pandemic, will ultimately be set up with a ‘savings’ and ‘retirement’ pot.
08/13/2024
The main contributor to the small downward shift is the oil price, which edged above $80 a barrel after rising almost 4% last week.
08/12/2024
The aim was to identify key challenges in achieving full continental integration and to engage in strategic dialogues for sustainable solutions.
08/12/2024
A third “vested” pot will hold the savings from before the implementation, except for a maximum of R30,000, which will be used as seed capital in the “savings” pot and will follow existing legislation.
08/09/2024
This move is aimed at easing the demand pressure in the FX market and enhancing price discovery.
08/09/2024
For existing homeowners, inflation is a positive development as the value of their properties goes up, resulting in higher sale values.
08/09/2024
Initially focused on solar projects, this provision offered a 100% tax deduction over three years for projects over 1MW and an immediate 100% deduction on solar projects under 1MW.
08/08/2024
The case for channelling investments into Africa is well-supported, given that sections of the continent are flourishing and boast untapped resources.
08/05/2024
It will also be used alongside headline and core inflation, which strips out food and non-alcoholic beverages, fuel and energy prices.
08/02/2024
The survey showed that both domestic and global demand has picked up, leading to higher activity.
08/01/2024
The five-year programme, 2020-2025, has been instrumental in job creation and providing entrepreneurial support, particularly in underserved sectors and communities.
08/01/2024
Marking a milestone in the financial landscape, offering support and opportunities across various business sectors.
07/31/2024
Other factors were high interest rate, persistent depreciation of the Cedi against its major trading currencies
07/30/2024
The performance of certain subcategories also remained mixed.
07/29/2024
At MozParks, we are dedicated to driving industrial development and economic diversification in Mozambique.
07/29/2024
To mitigate the risks to the financial sectors and exert pressure on fossil fuel-tied industries to adapt, some researchers suggest implementing new policy measures.
07/29/2024
Those who are newly retired or approaching retirement can benefit from looking at three key tricks and making plans to mitigate them to ensure a steady standard of living.
07/29/2024
In October 2020 Absa Bank Ghana partnered the Mastercard Foundation to implement the Absa Young Africa Works project with the objective of creating 50,000 decent jobs for young men and women.
07/26/2024
This is the result of South Africans taking more proactive steps for their financial future, including expanding revenue sources, improving debt management, practising prudent budgeting, and increasing savings.
07/25/2024
This would result in either zero real growth or another 0.4% decline in inflation-adjusted consumer buying power.