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Hyprop refinances debts to appease Moody's

Hyprop refinances debts to appease Moody's

02/04/2019 - 12:58
Mall owner Hyprop Investments, whose shares have fallen by about a fifth since its credit rating was downgraded by Moody’s in February, says it has refinanced R4bn in external debts. read more
2019 National Budget speech: Five positive, key take outs for local SMEs

2019 National Budget speech: Five positive, key take outs for local SMEs

21/02/2019 - 08:33
Finance Minister Tito Mboweni referenced the private sector as the key engine for job creation in his National Budget speech. Ben Bierman, MD of Business Partners Limited, fully supports this statement, and says that there are five key take-outs that local small and medium enterprises (SMEs) will benefit from:  read more
Consumers optimistic about SA economy, household finances

Consumers optimistic about SA economy, household finances

29/01/2019 - 14:51
Consumers are fairly optimistic that the outlook of the SA economy and their household finances will improve over the next 12 months, the FNB/BER Consumer Index has revealed.  read more
Driving mobile and card acceptance among informal retailers holds the key to scaling cashless payments in SA

Driving mobile and card acceptance among informal retailers holds the key to scaling cashless payments in SA

05/12/2018 - 09:57
Despite the majority (77 percent) of adult South Africans owning bank accounts, more than half of the total value of all consumer transactions in the country are still conducted in cash. This suggests that being formally banked may not be enough of an incentive for consumers to move away from cash. Accelerating the pace of migration from cash to digital and card payments must be a priority for catalysing economic growth.  read more
HomeChoice bets on store in Johannesburg CBD

HomeChoice bets on store in Johannesburg CBD

05/11/2018 - 08:04
Retailer and financial service group HomeChoice International has opened its first brick and mortar showroom in the Johannesburg CBD. read more
6 helpful ways to improve the financial health of your small business

6 helpful ways to improve the financial health of your small business

28/09/2018 - 10:41
Starting, owning and running a business is financially taxing. It can become overwhelming overnight, and if you’re not constantly monitoring your financial status, you’re falling behind.  read more
Overcoming financial planning challenges in retail

Overcoming financial planning challenges in retail

21/09/2018 - 09:47
South African retailers face numerous macroeconomic, socio-economic, political, and operational challenges. In a world where finance departments are driving to be business partners inside the organisation, the ability to facilitate relevant operational and financial plans is as necessary as having products on the shelf. read more
TFG appoints new chief finance officer

TFG appoints new chief finance officer

01/08/2018 - 20:45
Ntuli leaves Grindrod Freight Services to take up the role in September when Anthony Thunström become CEO of TFG. read more
Moody’s cautions SA against debt trap

Moody’s cautions SA against debt trap

04/07/2018 - 08:00
Credit ratings agency Moody’s Investors Service has cautioned that if the rand continues to weaken, SA may struggle to raise funds and service its foreign debt, although its vulnerability to tightening global financing conditions remains low. read more
Fitch retains its junk rating for SA

Fitch retains its junk rating for SA

19/06/2018 - 10:25
The agency warns financial challenges at state-owned enterprises remain substantial and government debt has yet to stabilise. read more
Steinhoff's Star share price falls 7% on lacklustre Christmas sales

Steinhoff's Star share price falls 7% on lacklustre Christmas sales

09/02/2018 - 13:34
The share price of Steinhoff Africa Retail (Star) fell 7% to R20.19 on Friday after it reported lacklustre Christmas sales. read more
Steinhoff director spills the beans about accounting irregularities and Jooste's disapearing act

Steinhoff director spills the beans about accounting irregularities and Jooste's disapearing act

02/02/2018 - 15:25
Director and chairman of Steinhoff’s audit committee, former ABSA CEO, Steve Booysen recounted in Parliament, the dramatic discovery on Monday, December 5 of the alleged accounting irregularities which have rocked the group and led to the resignation of former CEO Markus Jooste. read more
Steinhoff boosted by update

Steinhoff boosted by update

19/01/2018 - 10:40
The Steinhoff share price ticked up briefly on Thursday after the release of a "process and liquidity update" in which the group said it was seeking waivers from some European funders and that it expected to be able to pay cash interest on "all its existing financial indebtedness at the ordinary contractual rate over the near-term forecasted period". read more
Raising profit margins in a stagnant economy

Raising profit margins in a stagnant economy

29/09/2016 - 15:32
Advice to SME owners read more
Pressure on consumers has intensified, index shows

Pressure on consumers has intensified, index shows

05/09/2016 - 14:48
CONSUMERS felt more financially vulnerable in the second quarter of 2016 than they did in the first as high debt levels, rising food prices, inflation, and higher interest rates took their toll, an index showed on Monday. read more
Is another rates hike on the cards?

Is another rates hike on the cards?

23/08/2016 - 09:50
THE Reserve Bank could raise interest rates one more time by 25 basis points before the end of 2016 should "a damaging reversal of capital flows especially in the context of Fed tightening" occur, says economic research company Capital Economics, which has a presence in several countries globally. read more
Africa’s largest economy in dollar terms is SA, following the rand’s improvement

Africa’s largest economy in dollar terms is SA, following the rand’s improvement

11/08/2016 - 08:58
SA’S ECONOMY has regained the position of Africa’s largest in dollar terms, more than two years after losing it to Nigeria, as the value of the nations’ currencies moved in opposite directions. read more
Huge loss of jobs sets off alarm bells

Huge loss of jobs sets off alarm bells

29/07/2016 - 09:14
SA has lost almost 500,000 jobs in the first six months of 2016, raising the alarm about the blood bath that could follow should the country slide into recession. read more
Food prices push up producer inflation

Food prices push up producer inflation

28/07/2016 - 14:31
PRODUCER inflation accelerated to 6.8% year on year in June, from 6.5% in May. read more
Dischem gets RAC nod for likely listing

Dischem gets RAC nod for likely listing

28/07/2016 - 14:18
INVESTMENT firm RECM and Calibre (RAC) — headed by investment personalities Piet Viljoen, Jan van Niekerk and Theuns de Bruyn — has made rosy returns on its holding in healthcare retailer Dischem, which is reportedly being prepped for a JSE listing. read more
Business urged to invest in economy

Business urged to invest in economy

27/07/2016 - 16:10
According to SAnews.gov.za Finance Minister Pravin Gordhan has encouraged business leaders to invest in South Africa’s economy read more
Multiple investment management strategies – what is best?

Multiple investment management strategies – what is best?

14/07/2016 - 12:07
14 July 2016: The outlook for local and global investment markets are uncertain and unstable, with aspects such as lowered GDP predications, unpredictable currency fluctuations and international developments such as Brexit, causing increased volatility, and ultimately continuing to shape the investment landscape.  read more
Red flags and flagging economies mean time to spread investment risks

Red flags and flagging economies mean time to spread investment risks

12/07/2016 - 08:25
The winds of change - from the growth in anti-establishment movements to ageing populations - are causing red flags to flutter and require investors to diversify their approach, according to former head of the Anglo American Chairman’s Fund and renowned scenario planner Clem Sunter.  read more
Three business turn-around tips before throwing in the towel

Three business turn-around tips before throwing in the towel

06/07/2016 - 13:18
06 July 2016: Although the number of liquidations recorded in South Africa has been steadily decreasing over the past six years, there were still close to 2 000 businesses that were liquidated in 2015, leaving ample room for further improvement.  read more
Christo Wiese declares himself an Africa optimist

Christo Wiese declares himself an Africa optimist

06/07/2016 - 10:37
CHRISTO Wiese, SA’s richest man and the chairman of the nation’s biggest retailer Shoprite, has some advice for companies looking to tap the spending power of Africa’s 1.2-billion consumers: stick around and have deep pockets.  read more
No need for rate hike, says Moody's

No need for rate hike, says Moody's

20/06/2011 - 07:41
Johannesburg - Financial authorities do not need to implement "substantial monetary tightening" in SA, given that inflation looks likely to stay largely within the SA Reserve Bank's (Sarb's) target range of 3% to 6% in the short term, says Moody's Investors Service in a report published on Friday.  read more
All eyes on Bank as market is split on rate cut

All eyes on Bank as market is split on rate cut

21/07/2010 - 00:00
As the Reserve Bank's monetary policy committee (MPC) meets in Pretoria today, the money market is betting on a 48 percent chance of a 50 basis point interest rate cut - if not when the meeting ends tomorrow then at the next meeting in September. read more