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Future of digital currency in SA – will cash finally meet its match?

By Roger Eskinazi, Managing Partner, Tickmill With cold hard cash still accounting for the majority of the total value of transactions, South Africa remains a...

Use OTT Voucher Online with Adumo

More and more South Africans are searching for new and convenient ways to use their cash in the digital economy without a bank account.  As...

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...

SAA cannot generate cash flow currently – Tito Mboweni

South Africa's Minister of Finance, Tito Mboweni, said that South African Airways (SAA) was unlikely to ever generate sufficient cash flow to sustain operations in its...

R211bn cash injection for safety and security in SA

Finance Minister Tito Mboweni announced that R211 billion will be allocated towards Safety and Security for the people of South Africa. The announcement was delivered...

Government spends R10.7m fixing crashed cars

An astounding 10.7-million has been forked out by the government, over a period of three years, to fix almost 1000 state-owned vehicles involved in...

SAA to get R5 billion capital injection after plea for cash

South Africa has promised another R5 billion capital injection to help its struggling state airline meet urgent financial obligations, the CEO of South African Airways...

SAA to receive R4.8 billion cash injection

The national carrier, South African Airways, will receive a further R4.8 billion government guarantee by March next year. The 2017 Medium Term Budget...

Rand weakens ahead of inflation results

The rand weakened yesterday as traders held their positions ahead of local consumer price data today and the US Federal Reserve’s annual central banking...

Credit Card vs Cash in Africa – on the verge of convergence

According to a recent study conducted by Mastercard, over 50% of the South African population still transact using cash on a daily basis. This is...

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