New law will push more skilled people to leave South Africa
Business group Sakeliga has opposed the proposed Companies Amendment Bill, which it warns will harm the business landscape and ultimately push more skilled people...
Consumers must tighten belts now in wake of devastating fuel price increases
The latest expected petrol price increase is a catastrophic blow for already-stretched consumers, and the knock-on effects will be felt long after Christmas -...
Mid-Term Budget postponed to 11 November
Finance Minister Enoch Godongwana will now table the Medium Term Budget Policy Statement (MTBPS) in Parliament on 11 November 2021, and not 4 November...
Old Mutual services and insurance cluster attains R355 million in new business
OLD Mutual’s Mass and Foundation Cluster (MFC), which offers South African customers a range of financial services and insurance products, has emerged from a...
Luno reaches 9m customers adding over 1m in 4 months
Luno, the crypto company founded by two South Africans, now has 9 million customers in over 40 countries. The remarkable growth of the company...
Profit taps opening for Rextru?
SALT RIVER-based Rex Trueform's transformation from a fashion retailer into a more diversified investment company is progressing slowly.
The group's Queenspark fashion chain still dominates...
FNB leads innovation with the launch of two new payments solutions for SMEs
As a leader in innovation, FNB continues to invest significantly in creating new platform-based capabilities and solutions to ensure that it stays ahead of...
Is the “shrinking” JSE a sign of a sinking ship?
The number of companies listed on the JSE has decreased from 776 to 331 over the past 30 years, with over 14 companies delisting...
Sanlam and Absa set to combine their investment management businesses and it is going...
SANLAM, Africa’s largest non-banking financial services group, and Absa, one of Africa’s largest diversified financial services groups, have announced that they have reached agreement...
Telkom pledges R10m to rebuild small businesses in aftermath of unrest
South Africa recently witnessed civil unrest that led to the destruction of infrastructure, looting, and violence that severely impacted many small and medium businesses...
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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