South Africa has been grey listed; what are the implications for the country going...
By the Webber Wentzel Finance Team
South Africa’s grey listing by the Financial Action Task Force (FATF) has significant implications for its economic growth and...
SARS continues to show its mettle in revenue collection
The South African Revenue Service (SARS) has accepted the increased revenue collection estimate announced by Finance Minister, Enoch Godongwana, on Wednesday.
In his 2023 Budget...
Broadly as expected, but risks persist
Overarching fiscal intent unchanged: The 2023 budged reiterates government’s commitment to debt stabilisation and a primary surplus. The key features of the fiscal forecasts...
Conflict is costing SA companies billions and could stunt growth in 2023
In the wake of tighter budgets, and even potential layoffs, many businesses will be starting the year with restructured or entirely new teams. A...
Retailers must accommodate the 86% of consumers who still use cash
With recent research showing that only 14% of South African consumers are ready to go completely cashless, retailers should be looking at ways to accommodate their...
99% of consumers are changing their shopping habits to save money
South African consumers want more flexibility in how they shop, value locally sourced products and are willing to share their data for loyalty programmes...
Why South African consumers should care about the upcoming budget speech
There are several factors that are affecting consumers, from high interest rates, higher food prices, loadshedding and higher fuel prices. Therefore, the national budget...
South Africans can now buy crypto instantly with any debit or credit card on...
South Africa’s largest crypto app, Luno, has made it possible to instantly buy crypto on its platform in rands. Instead of needing to deposit rands...
Another tough year as the chicken industry battles elevated production costs in 2023
Comment by Paul Makube, Senior Agricultural Economist at FNB Agri-Business
The poultry industry entered 2023 on a somber note as it carried through tight margins due...
Understanding interest rates and how it affects your finances
Interest rates have been rising consistently worldwide and it doesn’t look like this trend is going to stop anytime soon. This makes 2023 a...
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...