TymeBank reaches 10 million customers as it attracts record deposits for 2024
The bank now has almost R7 billion in customer deposits, making it the fastest growing bank in South Africa based on customer deposits.
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The SPAR Group remains resilient as strategic refocus drives growth
The SPAR Group is making significant strides with its strategic refocus as it aims at delivering increased shareholder value and achieves growth in key...
Waco Modular’s new scalable and mobile pop-up shops a game-changer for business flexibility in...
Waco Modular, a leader in modular construction services, has unveiled a mobile, scalable, and rentable pop-up shop solution designed to reshape how businesses in...
Food inflation ended its 8-month deceleration, ticking 4.1% higher y-y in August 2024
By Paul Makube, Senior Agricultural Economist, FNB Commercial
The latest update on South Africa’s consumer price inflation showed a further slowdown to 4.4% y/y in...
Repo rate drop welcomed
Finally, after no change in the repo rate for seven consecutive meetings, the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC), announced Thursday...
IDC invests R140-million into Sheraton Textiles ‘State-of-the-Art’ production plant
By Larry Claasen
SHERATON Textiles, a bedding and linen manufacturer based in Cape Town, has launched a cutting-edge production facility in Diep River.
The new facility,...
Empathy – The secret source behind Cape Town’s BPO success
By Larry Claasen
THE rise of the Business Process Outsourcing (BPO) sector has changed thousands of lives of young people in the Western Cape. The...
Weighing the options: Using your car as collateral for a loan
It's important to weigh the pros and cons of a loan that uses your car as collateral. Title loans are a quick way to...
5 steps to prevent your retirement dreams from becoming your family’s financial nightmare
The latest 2024 FNB Retirement Insights Survey unveiled the startling reality that almost 50% of the respondents don't have a retirement plan in place....
Standing Committee on Finance calls on SARB to seriously look at high-interest rate issue
The Standing Committee on Finance has called on the South African Reserve Bank (SARB) to seriously look at the issue of the high interest...
Business Advisory & Financial Services News
Cape Business News (CBN) provides insights into business advisory and financial services news, highlighting trends in investment, risk management, and financial planning. This sector’s news includes updates on mergers, acquisitions, and regulatory changes impacting financial markets in South Africa. CBN covers topics like fintech innovations, strategic consulting, and advisory services that help companies navigate economic challenges and growth opportunities. Financial news on CBN is essential for professionals in finance and business strategy, offering updates that support effective decision-making in today’s complex economic landscape.
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Northern Cape highlights compelling investment opportunities
Northern Cape highlights compelling investment opportunities
The Northern Cape province is ideally positioned to serve as the next economic and industrial growth node for South...