South Africa News News South Africa » Finance: Shell in negotiations with ADNOC for South Africa fuel stations sale
ADNOC became the preferred candidate after earlier talks between Shell and Gunvor Group, a commodity trading firm, were discontinued.
News South Africa » Finance: South Africa can hit 4% growth, Standard Bank CEO says
Sim Tshabalala told Semafor World Economy that changes at state-owned power and logistics companies had improved efficiency.
News South Africa » Finance: South Africa's Godongwana urges unity as G20 finance talks open
"We meet at a time of fragile global economic growth. While inflation is gradually moderating, and financial conditions have started to stabilize in some regions, uncertainty continues to weigh ...
News South Africa » Finance: IFC, Citigroup launch $98m facility to cut currency risk in South Africa
The International Finance Corporation and Citigroup have agreed on a 1.6 billion rand borrowing facility to expand local currency financing in South Africa, according to Reuters.advertisement The deal ...
News South Africa » Finance: South African finance minister not accredited to attend G20 meeting in US
South African Finance Minister Enoch Godongwana has not been accredited by the United States to attend the upcoming Group of Twenty (G20) finance chiefs meeting, local media reported on Monday. Both ...
News South Africa » Finance: IFC, Citigroup sign $98 million local currency borrowing facility for South Africa
By Colleen Goko and Rodrigo Campos April 14 (Reuters) - The World Bank Group’s private-sector arm, the International Finance Corporation, and U.S. bank Citigroup have signed a new 1.6 billion rand ...
News South Africa » Finance: South Africa's FirstRand to Exit UK Unit After Car Loan Provisions Hit $993 Million
FirstRand plans to exit its UK unit Aldermore amid market challenges and increased provisions for mis-sold UK car loans reaching $993 million.
News South Africa » Finance: Wise Expands Into South Africa With Capitec Payments Partnership
Wise Platform has partnered with Capitec to power international payments for the South African bank, marking its entry into the country’s banking ...
News South Africa » Finance: Tensions rise between South Africa and US as G20 finance summit exclusion confirmed
South Africa's exclusion from the G20 summit highlights the growing divide between its government and the US.
News South Africa » Finance: South Africa, Nigeria enter cybercrime global ranking
South Africa and Nigeria ranked among the top 20 countries worldwide where cybercrime complaints were filed last year, research by the US FBI found. Global cybercrime losses surged to a record $20.8 ...
News South Africa » Finance: 5 crucial financial tips for South African gig workers to thrive
Discover five essential financial strategies that every gig worker in South Africa should adopt to achieve stability and success in the ever-changing gig economy.