SARS streamlines auto assessments for the 2022 tax filing season
Taxpayers who are satisfied with their auto assessments need not take any further action, under the new procedures introduced by SARS for the 2022 tax filing...
CPI reaches 6.5%
Annual consumer price inflation (CPI) reached 6.5% in May, Statistics South Africa (Stats SA) has revealed.
The figure is a 0.7% increase from the 5.9%...
Finding financial success when you have too much debt to save
Debt management firm, DebtBusters, recently released its Debt Index for the first quarter of 2022, which shows that middle-class South Africans are falling further into...
Harmony and Absa CIB conclude ground-breaking Sustainable Finance and ESG transaction
Absa Corporate and Investment Banking (Absa CIB) and emerging market mining specialist, Harmony Gold Mining Company Limited (Harmony), have finalised a new syndicated, multi-tranche,...
Ecommerce platform, Shopstar, secures further investment and set its sights on building South Africa’s...
Local e-commerce platform, Shopstar, has secured third round funding from Launch Africa Ventures, signalling the next phase in its strategy to scale. The Proudly...
How you behave determines how you invest
Famous 19th century American poet, Emily Dickinson, once said, “Behaviour is what a man does, not what he thinks, feels, or believes”. It is...
The shift to e-commerce in South Africa
FOR the past decade, e-commerce (online retailing) in South Africa has gradually been gaining some traction with limited adoption due to consumer fears of...
Nicky Oppenheimer unseats Johann Rupert to become South Africa’s wealthiest billionaire
The growing uncertainty in the global economy, exacerbated by the COVID-19 pandemic and Russia’s war in Ukraine, has impacted financial asset valuations and the...
SA stays on the recovery path as interest rates normalise, says FNB
Following the South African Reserve Bank’s (SARB’S) decision increase its repo rate by 0.50%, FNB will lift its prime lending rate by 0.50% with...
Things that you need to consider when sharing your finances with a partner
WHEN people enter into long-term relationships, they often embrace a ‘what’s mine is yours’ approach to sharing their lives with each other. While this...
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.