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Informal Economy in Africa

Africa Top10 Business News

The Informal Economy in Africa is Big Business According to the International Labor Organization (ILO) of the United Nations, 85.8% of employment in Africa is informal. The organ says of the two billion in informal...

Money & Business

Economists Expect Interest Rate to Remain Unchanged

The South African Reserve Bank is set to announce its decision on interest rates on Thursday afternoon with a number of key factors expected to play a role in the decision. The...

Gold Producers Offer Single-Digit Pay Hikes to Unions

South African gold producers said they had offered annual wage increases of up to 6.5% to miners and up to 4.5% for skilled workers, far short of union demands...
Humanitarian Class Of 2018

Be The Legacy. Announcement Of Humanitarian Class Of 2018

In recognition of the 100th year anniversary of the birth of great leader and visionary Nelson Mandela, the Most Influential People of African Descent (MIPAD) announces its 4th and...
south africa and brexit

Brexit Causing Unsettling Times in the UK – How Will This Affect South Africa?

You won’t have had to look far to see news that Britain’s proposed exit from the European Union, or Brexit, has left Prime Minister Theresa May hanging by a...

Treasury Expects Review on VAT Zero-Rated Items

Treasury says it expects a report from a review panel on VAT zero-rated items by the end of the month. The Finance Department has published two draft tax laws for public comment. It...

Unions to Take Latest Eskom Wage Offer to Members

There appears to be progress at the Eskom wage talks, with unions now saying that the power utility has presented two wage agreement proposals. Both options are a three-year agreement but one...

EU, Japan Sign World’s Biggest Free-Trade Deal

One of the world’s biggest free-trade deals has been agreed between the European Union and Japan. The agreement covers nearly a third of the world’s economic output and affects 600 million people. A...
EFG Hermes

EFG Hermes Concludes Advisory To One Of The World’s Largest International Microfinance Institutions On Its GBP 125 Mn IPO On The London Stock Exchange

Impact on Africa; 1. Micro-Finance remains the key growth in Africa. 2. EFG Hermes continues and grows its African footprint and importance into sector of high relevance. 3. ASA has an extensive...
Artificial intelligence

How Africa Can Embrace an AI-enabled Future

By: Zoaib Hoosen, Microsoft Managing Director. It’s no longer news that Artificial Intelligence (AI) will be a driving force behind the Fourth Industrial Revolution, with the global economic returns of this revolution expected to be...
video

African Creators: Short-form Comedy Projects Wanted

The leader in children’s animation in South Africa, Cartoon Network, invites African creators to submit their short-form comedy project in the first ever Cartoon Network creative venture run in...

Rand Weaker in Cautious Early Trade

The rand weakened early on Tuesday, giving back the previous session’s gains as some investors took profits ahead of key data releases later in the week. At 0700 GMT the rand was...

Eskom Hopes to End Wage Dispute on Tuesday

Eskom says it hopes to sign a wage agreement with labour unions on Tuesday to bring an end to the ongoing dispute. Four rounds of wage negotiations have taken place in...

Another Fuel Hike Predicted for August

The Automobile Association (AA) says fuel prices are likely to rise again at the end of July going into August. The AA released a statement on Monday on its prediction for the...
UBA

More Accolades For Leo: UBA Emerges Best Institution In Digital Banking Across Africa

Pan-African financial services group, United Bank for Africa Plc, has once again made an addition to its growing list of enviable laurels as it was named Africa’s best bank...
B2B Robo-Advisor Bambu

South Africa: B2B Robo-Advisor Bambu Secures Series A Funding To Further Accelerate Global Expansion

Bambu, a leading global provider of ro-bo-advisory technology, today announced it has completed a USD 3 million Series A funding led by Franklin Templeton Investments, with Singapore family office...

Listen: How to File Your Tax Return

Phemelo Motene talks to Paul Roelofse, a certified financial planner about the e-filing process during the tax return period. All e-filers will have until 31 December 2018 to submit their...

First Solar-Powered Desalination Plant Launched in WC

The Western Cape government and France has on Monday launched the first solar powered desalination plant in the Hessequa Municipality. The plant will initially provide 10,000 litres of water per...

Post Office Hasn’t Shut Down Completely Says CEO

The South African Post Office (Sapo) says that it will continue to meet with workers to find a solution to end the national strike. CEO Mark Barnes says that the post office...

Ramaphosa Wants Plan to Deal with Rising Cost of Living

President Cyril Ramaphosa says that he has given the economic cluster ministers two weeks to come up with a plan to deal with the rising cost of living for ordinary South...
API Summit & Expo

Emerging African Real Estate Trends In Focus At The 2018 API Summit & Expo

“Investors and developers are taking a more informed approach”-  Leonard Michau, Broll Property Group. 2018 has introduced more depth in Africa’s real estate markets” – Bronwyn Corbett, Grit “We are seeing...

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