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Financial analysis

Major Shift in South African Shopping Malls: Spar, Pick n Pay, and Shoprite Mandated to Terminate Exclusivity Agreements

Cassandra Scott
22 December 2023

The Competition Tribunal has recently sanctioned a consent agreement between the Competition Commission and the Spar Group, aiming to terminate long-standing exclusive lease deals within the grocery retail industry. This confirmation solidifies the cessation...

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Financial analysis

Sekunjalo’s Reaction to Appeal Court Verdict Allowing Nedbank Account Closures

Doreen Scott
19 December 2023

The Sekunjalo group has reacted strongly following a ruling by the Supreme Court of Appeal (SCA) that allows Nedbank to close the group’s accounts. This verdict, overturning a prior decision by the Equality Court,...

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Economics

Economic Contraction: SA Records 0.7% Smaller Economy in Year-on-Year Comparison

Bianca Taylor
5 December 2023

Economic Contraction: SA Records 0.7% Smaller Economy in Year-on-Year Comparison The South African economy experienced a 0.2% contraction in growth during the transition from the second to the third quarter. This decline was slightly...

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Financial analysis

Elon Musk’s Wealth Takes a $16.1 Billion Hit Amid Weak Tesla Earnings

Abigail Smith
21 October 2023

In a significant turn of events, Elon Musk, the richest person on the planet with a staggering fortune of $209.6 billion, saw his wealth plummet by $16.1 billion on Thursday. The reason behind this...

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Economics

Airbnb’s Impact on South African Economy: Creating Jobs and Promoting Domestic Tourism

Bianca Taylor
21 October 2023

In a recent interview with Velma Corcoran, the regional lead for Middle East Africa at Airbnb, we gained insight into the significant impact Airbnb has had on the South African economy. The report she...

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Main news

Africa’s Financial Markets: A Diverse Landscape for Investment

Cassandra Scott
20 October 2023

Africa stands out as a continent with one of the world’s most diverse and expansive financial markets. Its fiscal and economic landscapes vary significantly across sub-regions, resulting in a rich tapestry of financial securities...

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