A look at debt in South Africa three years post Covid-19
The 26th of March will mark the three-year anniversary of the lockdown, as well as the impact that this devastating event had on the local...
Africa must sustain minimum growth rate of 7-10% of GDP say experts
EXPERTS examining an ongoing study of key factors underlying development in Africa have emphasized the need for the continent to sustain annual growth rates...
Analysing South Africa’s 2023’s budget expectation’s with PWC South Africa
By Mzwandile Mamaila, Cape Business News Journalist
THE PwC South Africa 2023 National Budget Predictions took place on the 15th of February. Chief Economist of...
Government wants to get off the Greylist by 2024: Is SA’s action plan achievable?
In a recent newsletter, President Cyril Ramaphosa said that South Africa knows what needs to be done to be removed from the greylist and...
The Week Ahead – Another busy week on the local front
Companies reporting interim results include:
* African Rainbow Minerals – Per a recent trading statement, headline earnings per share (HEPS) are expected to increase between 34% and...
SMEs to benefit from fuller e-com solution
SHIPPING may not be the most attractive aspect of e-commerce, but it’s certainly among the most important in a sector that FNB Merchant Services...
SA has an action plan to get off the grey list
Government is determined to address the concerns raised by the Financial Action Task Force (FATF) as quickly as possible with the fundamentals in place...
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...
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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Wheat farming in South Africa crisis threatens sector sustainability
Wheat farming in South Africa crisis threatens sector sustainability
By Larry Claasen
THE country consumes more than 3,5 million tons of wheat a year, yet domestic...