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Mukuru poised to expand into East, West Africa and increase flows from Africa to Asia

9 Dec 2021 /  Adriaan Kruger  
The fintech that started as a remittance company is building an ecosystem that empowers its growing number of users.

14 years after the fact, CompCom’s rand manipulation case is nowhere near conclusion

9 Dec 2021 /  Ciaran Ryan  
The Competition Tribunal last week heard objections from many of the banks accused of being part of a conspiracy to manipulate the rand.

We want 20% more, says Eskom

9 Dec 2021 /  Moneyweb   1
No, says Nersa. You want a 54% increase.

Higher life insurance premiums for the unvaccinated on the cards

9 Dec 2021 /  Akhona Matshoba  
Some of the country’s biggest life insurers say new customers who refuse to get vaccinated may be classified as higher risk and as such might incur higher premiums.

Omicron might not be that bad after all

9 Dec 2021 /  Adriaan Kruger  
Netcare and Mediclinic report fewer hospital admissions despite the surge in Covid-19 cases.

Auditor-General slaps remedial action notices on four public sector entities

9 Dec 2021 /  Ciaran Ryan  
There are signs that the new powers are having the intended effect of improving compliance.

Omicron drives record Covid cases, positive tests in Zimbabwe

8 Dec 2021 /  Ray Ndlovu and Godfrey Marawanyika, Bloomberg  
Zimbabwe reporting record daily cases and its highest ever test positivity rate.

‘Omi-whatever’: variant grip on stocks lasted just two weeks

8 Dec 2021 /  Nikos Chrysoloras and Michael Msika, Bloomberg  
It’s almost as if Omicron never happened.

Omicron symptoms ‘far milder,’ Netcare CEO says

8 Dec 2021 /  Janice Kew, Bloomberg   1
Even as as omicron is driving up the number of people testing positive for the virus. 

Dis-Chem gets tough on unvaccinated employees

8 Dec 2021 /  Moneyweb   6
Those who haven't received their shots by February will pay for weekly tests, wear N95 masks ….

ANC drops Constitution change for land reform

8 Dec 2021 /  S'thembile Cele and Paul Vecchiatto, Bloomberg  
Will now resort to using regular legislation to facilitate the process.

SA business mood worsens after Covid curbs hit trade

8 Dec 2021 /  Monique Vanek, Bloomberg  
As trade flows fell after a new wave of Covid-19 infections led to renewed restrictions among the nation’s major trading partners.

RMI shares soar 9% on R8.7bn profit from sale of UK insurer Hastings

8 Dec 2021 /  Akhona Matshoba  
Group says profits from the sale will go towards reducing its debt.

Rand stronger on early Omicron signs; retail data in focus

8 Dec 2021 /  Alexander Winning, Reuters  
In early trade the rand was at R15.82 against the dollar, roughly 0.2% stronger than its previous close.
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