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Why you can expect car price hikes in 2021 despite stronger rand

Why you can expect car price hikes in 2021 despite stronger rand

Motor companies are quick to hike new-car prices in response to a weakened rand, but are less eager to pass on savings to consumers when the currency strengthens

MTN warns of service disruption in Nigeria due to rising insecurity

MTN's service in Nigeria could be disrupted as a result of rising insecurity in different parts of the country, the local unit of SA's telecoms group said on Tuesday.

Do viability study of franchise business

Sowetan spoke to the Franchise Association of SA about the work its does and tips on what to look out for when attempting to get into a franchise.

Hopeful franchisees left in the lurch as deal turns sour

The dream of opening an upscale nail bar turned to ashes for two Johannesburg women, Santhuri Poovalingam and Lea Abvajee, who wanted a piece of the Tammy Taylor Nail SA pie.

Rand slips ahead of GDP; rate hike bets buoy Russian rouble

Frayed nerves ahead of U.S. inflation data later this week cast a shadow over emerging markets on Tuesday, with the rand leading losses ahead of domestic economic growth data.

MTN to bid again for Ethiopia telecoms licence if mobile money included - CEO

The MTN Group will bid again for a Ethiopia operating telecom licence in the second round if mobile financial services are included, its CEO said on Friday after losing the first round.

‘New mutual bank will help SMMEs’

One of the first people to buy into the mutual bank founded by entrepreneur Nthabeleng Likotsi bought R100,000 worth of shares at R10 a pop just hours after the bank's "own your bank share scheme" went live.

Shoprite sells Nigerian business to Ketron

Shoprite Holdings has sold its Nigerian business to local buyer Ketron Investment, it said on Wednesday, nearly 16 years after the SA retailer opened its first outlet in the country.

Rand weakens in early trade

The rand weakened early on Wednesday, pressured by a first-quarter increase in unemployment and concerns over how long easy financing conditions would last globally.

Rand firmer in early trade

The rand firmed in early trade on Tuesday ahead of unemployment data, still buoyed by bets that interest rates in the United States will remain low for an extended period.

Standard Bank launches a cash deposit service at store tills

SPONSORED | Standard Bank customers can now use any Shoprite and Pick n Pay till points to deposit cash in SA

Denel subsidiary could only pay fraction of May salaries

Union accuses government of aiding collapse of SOE

The Empire strikes back with new digital studio for hybrid events

The Empire’s Digital Hybrid Event Studio is hosting open days on June 2 and 3 2021

Maize output seen up 7% on last season

Maize farmers are expected to harvest 7% more of the staple crop during the 2020/2021 season compared with the previous season, as yields are boosted by favourable weather, a Reuters survey showed.

Kenya's Safaricom, partners aim to start Ethiopia operations in 2022

A consortium led by Kenyan telecoms operator Safaricom aims to start operations in Ethiopia next year, it said on Monday, after winning a licence on Saturday.

Your purchasing choices influence big business decisions

SPONSORED | How Cocoa Life is having an impact on cocoa-growing communities

Growth key, Treasury says after ratings agencies stick rather than twist

Credit rating agencies S&P and Fitch on Friday affirmed SA’s sovereign rating and outlook.

Standard Bank’s new free, opt-in based status page is at your service

SPONSORED | The website is designed to keep customers informed about the status of services and availability of certain banking features

France's Macron wants deal on redirecting $100 bln in IMF reserves to Africa by October

Macron also said governments should look at how IMF gold reserves can be used to overcome some countries' reluctance to reallocate their SDRs to African countries.

Vodacom raises operating growth target on int'l business, Safaricom boost

Vodacom Group Ltd, SA's second biggest telecoms operator, upgraded its medium-term operating growth target to mid-to-high-single digit on Tuesday, after reporting a 3.7% jump in full-year earnings.

Heineken in takeover talks with SA wine and spirits maker Distell

Heineken NV confirmed on Tuesday that it was in talks with Distell about a possible acquisition, in what would mark a push into wine and spirits for the world's second-largest brewer.

The most common online scams and how to stay alert and wallet wise

SPONSORED | Standard Bank’s tips on how to avoid cybercrime in personal and business banking

Credit active consumers increase

Despite the financial woes posed by Covid-19, the number of SA credit active consumers has increased by 8.76% in 2021 compared to last year.

Debunking the myths around debt review

Debt review is not a savings plan and consumers must be wary of unscrupulous counsellors who put them under review without their knowledge.

SAA aims to resume flights in July or August

South African Airways (SAA) aims to resume flights in July or August, but the restart date will depend on how the Covid-19 pandemic progresses and whether the airline can resolve a pilot dispute, its chief executive said.

Pangane grows from subsistence farmer to major player

Hard work and perseverance is what took Elias Pangane from a six-year-old working on his family farm to a 60-year-old farmer supplying vegetables for the Shoprite retail supermarket.

Less than 6% of middle-income customers have sufficient emergency savings, says FNB

SPONSORED | Why it’s important to have emergency savings, and how to do it

Clicks to acquire Pick n Pay's pharmacies

Pharmacist Clicks said on Monday it planned to acquire 25 in-store pharmacies, their drug stocks and staff from retailer Pick n Pay .

Revix raises R58.5m in offshore capital funding

SPONSORED | Cape Town-based cryptocurrency investment platform poised for rapid global growth
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