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South African lender Capitec expects loan losses to be within target in 2025

South African lender Capitec expects loan losses to be within target in 2025
cnbcafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbcafrica.com Daily Mail and Mail on Sunday newspapers.

South-africa , Johannesburg , Gauteng , South-african , Tom-hogue , Nqobile-dludla , Gerrie-fourie , Savio-dsouza , Africa-capitec-bank , Capitec-bank , Reuters , Saviod-souza

South African insurer Old Mutual gets green light to establish bank

South African insurer
Old Mutual Ltd said on Friday it had received approval
from the Prudential Authority to establish a bank, moving a step
closer to building an integrated financial services...

Johannesburg , Gauteng , South-africa , South-african , Jane-merriman , Nqobile-dludla , Iain-williamson , Prudential-authority , Old-mutual-ltd , Standard-bank , Africa-absa-bank , Discovery-bank

Vivendi's Canal+ increases stake in South Africa's MultiChoice to 40.83%

Vivendi's Canal+ increases stake in South Africa's MultiChoice to 40.83%
cnbcafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbcafrica.com Daily Mail and Mail on Sunday newspapers.

South-africa , Johannesburg , Gauteng , Cape-town , Western-cape , France , South-african , French , Nqobile-dludla , Jason-neely , Reuters , South-africa-february

Zando launches international unit to counter Shein and Temu in South Africa

South African online fashion retailer Zando on Thursday launched an international e-commerce division called Zando Global in the hopes of taking on fast-fashion Chinese e-commerce retailers Shein...
-April 18, 2024 at 12:09 pm EDT
- MarketScreener

South-africa , Johannesburg , Gauteng , China , Chinese , South-african , David-evans , Nqobile-dludla , Buffalo-international-logistics , Jumia-group , Zando-global ,

Tiger Brands' new peanut butter plant to help with costs and innovation

South Africa's biggest food producer Tiger Brands hopes its 300 million rand peanut butter manufacturing plant officially launched on Friday will help it bring down costs and deliver more...

Russia , South-africa , Johannesburg , Gauteng , Ukraine , Krugersdorp , South-african , Tjaart-kruger , Black-cat , David-holmes , Nqobile-dludla , Dumo-mfini

WeBuyCars marks South African market debut with share price rise

WeBuyCars made its market debut on Thursday, giving the South African secondhand vehicle trader a market capitalisation of 8.3 billion rand on the Johannesburg Stock Exchange....

Rustenburg , North-west , South-africa , East-london , Eastern-cape , Van-der-walt , Northern-cape , Alexander-smith , Nqobile-dludla , Reuters , Chief-executive-faan , Transaction-capital

South Africa's WeBuyCars raises nearly 1 billion rand ahead of listing

South Africa's WeBuyCars and Transaction Capital have raised 902.7 million rand in capital, they said on Tuesday, ahead of the seller and buyer of used cars' listing on the Johannesburg Stock...

South-africa , Emelia-sithole-matarise , Nqobile-dludla , Transaction-capital , Markets ,

Retailers should take note of Shoprite's knockout sales performance

Faheem Hoosen, partner at BDO South Africa, unpacks Shoprite's half-year sales results and shares some insight into the learnings that other retailers can take from this success...

Cambridge , Cambridgeshire , United-kingdom , South-africa , Nqobile-dludla , Nick-paul , Reuters , Shoprite-group , Krispy-kreme , Massmart-holdings-ltd , Starbucks , Checkers-hyper

MTN maintains top position in Brand Finance South Africa 100 report as Vodacom narrows the gap

The Brand Finance South Africa 100 report, released this morning, shows MTN is still SA's most valuable brand...

Sandton , Gauteng , South-africa , United-kingdom , Australia , Lagos , Nigeria , South-african , Jeremy-sampson , Nqobile-dludla , Shoprite-group , Johannesburg-stock-exchange-in-sandton

Vivendi's Canal+ makes firm offer to buy rest of South Africa's MultiChoice

French media group Vivendi's Canal+ on Monday made a firm offer to buy all the shares of South Africa's broadcaster MultiChoice it does not already own, the companies said. ...

Johannesburg , Gauteng , South-africa , France , French , Africa-multichoice , Tom-hogue , Nqobile-dludla , Reuters , Markets ,