07/10/2023
A m/m rise in the FGN’s fiscal deficit
The wider fiscal deficit m/m was mainly because of an -8% reduction in the FGN’s retained revenue to NGN479bn.
Comment, Analysis & Research
07/07/2023
Warning to job seekers in South Africa
“For the common interest of everyone, report unscrupulous agencies that charge you fees to labour inspectors and the police,”
07/07/2023
Visa chaos in South Africa as backlog threatens 100,000 jobs
“The visa matter spans the entire hierarchy of German business in South Africa”
07/07/2023
Bad news for salaries and wages in South Africa
The MPC will be worried if there is a rise in inflation expectations.
07/05/2023
South Africa’s second-biggest growth problem
More than half of applications were rejected on grounds including errors in the complex application process.
07/05/2023
Overcoming payroll staff shortages: Effective approaches and importance
An outside payroll provider could provide some welcome relief, whether you choose to outsource your payroll function entirely or keep some of it in house.
06/30/2023
Inflation eating away at what little income South Africans have left
Consumer price inflation surprised the upside in February and March.
06/30/2023
Bloomberg ranks Dangote Africa’s richest man, Bill Gates 4th in world
Ellon Musk and Bernard Arnault are the first and second richest people in the world, with fortunes totalling $219 billion and $194 billion, respectively.
06/27/2023
South Africa edging closer to recession
More positively, however, it also anticipates inflation to come down, with the average for 2023 now expected to settle at 5.9% from 6.0% before.
06/27/2023
CEO vs lowest-paid worker salaries in South Africa
This means that Shoprite’s Pay Ratio is over 1,000, which is double that of second-place Woolworths.
06/26/2023
No interest rate cuts soon despite inflation drop
The BoB last week said it expects inflation to remain within the three to six percent objective range going into the medium term.
06/22/2023
SA could hit Reserve Bank’s inflation target sooner than expected: economist
Consumer inflation in South Africa was reported at 0.2% – lower than the anticipated rate of 0.4%, as predicted by analysts.
06/22/2023
Interest rate relief back on the menu for South Africa
Inflation in May tracked lower despite an increase in petrol prices.
06/20/2023
A period of remarkable achievements
Ekra joined the Bank in 1996 as Executive Vice-President
06/19/2023
The most expensive bank accounts in South Africa – and how much you need to earn to qualify
Despite the decline in wealth levels in South Africa, many banks still offer accounts for the super-wealthy in the country.
06/19/2023
How South Africans living overseas can claim their inheritance
The three scenarios depend on the statuses of the beneficiaries.
06/16/2023
Aig-Imoukhuede: The Story of an Investor, Banker, Philanthropist
In the annals of Nigeria’s financial landscape, it is rare to find individuals who possess a track record of monumental achievements and yet remain humble and self-effacing.
06/14/2023
‘Continuous training vital to employees’ growth’
"To sustain their market position, organisations must thoroughly evaluate their investments in employee reskilling, recognising its significance and impact on their competitiveness."
06/12/2023
How Patrick Njoroge sought to shift power to the customer
He believed all customers deserved to be given upfront full information of any loan product they were taking so as to vote with their feet whenever they felt dissatisfied.
06/09/2023
Kenya’s rich get richer as gap with the poor widens
The KNBS data expose the extent to which wealth distribution is skewed in favour of a tiny clique, with Nairobi having the widest income inequality among Kenya’s devolved units.