Banking FeaturedSouth African banks under strain; sharpest decline in earningsInternational Finance Business DeskJune 8, 2020 by International Finance Business DeskJune 8, 2020 The banks are also forced to cut interest rates because of the pandemic... Read more
Featured InsuranceSouth African insurtech Inclusivity Solutions secures $1.3 mn fundingPritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 The funding will be used by the startup to expand in its new markets as well as new ones... Read more
Featured Oil & GasTotal cancels plans to acquire Occidental’s Ghana assetsInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Struggling market condition in part has led to cancellation of the deal... Read more
Featured InsuranceSouth African insurer Sugar to insure homes in rural settlementsPritam BordoloiMay 1, 2020May 1, 2020 by Pritam BordoloiMay 1, 2020May 1, 2020 Sugar will target homes in townships, rural villages and informal settlements... Read more
Economy FeaturedTrade between China and Africa drops by 14% during Q1 2020International Finance Business DeskApril 24, 2020 by International Finance Business DeskApril 24, 2020 Chinese exports to African nations decreased by 10.5% due to the coronavirus pandemic... Read more
Featured FintechSouth African startup Yoco launches payment solutions for SMEsInternational Finance Business DeskApril 21, 2020 by International Finance Business DeskApril 21, 2020 The new payment platform is launched to help businesses sustain its cashflows amid the coronavirus pandemic... Read more
Aviation FeaturedSouth African Airways on the verge of collapsingInternational Finance Business DeskApril 20, 2020 by International Finance Business DeskApril 20, 2020 The carrier plans to lay-off its 4700 employees... Read more
Featured TelecomMTN Group announces R250 mn relief package to fight Covid-19International Finance Business DeskApril 15, 2020 by International Finance Business DeskApril 15, 2020 The telco also plans to raise R40 mn for a global staff emergency fund... Read more
Featured FintechSouth African fintech startup TaxTim expands into NigeriaInternational Finance Business DeskApril 3, 2020 by International Finance Business DeskApril 3, 2020 The startup entered into a partnership with PwC Nigeria... Read more
Aviation FeaturedSouth African Airways suspends all operations amid Coronavirus pandemicInternational Finance Business DeskMarch 27, 2020 by International Finance Business DeskMarch 27, 2020 The carrier has suspended both international and domestic flights until May 31... Read more