Neesa Moodley

The agreement brings to a conclusion investigations by the Department of Justice and the NPA into McKinsey South Africa's work for state-owned enterprises Eskom and Transnet from 2012 to 2016.

South Africa’s Black Friday 2024 shattered expectations with just three banks reporting more than R30-billion spent. Supermarkets led spending, while beauty and electronics boomed online.

‘People were confused and tempers started boiling over. Restaurants were packed and a waitress told me they might run out of beer,' said one passenger.

The agreement brings to a conclusion investigations by the Department of Justice and the NPA into McKinsey South Africa's work for state-owned enterprises Eskom and Transnet from 2012 to 2016.

Headline inflation ticked up ever so slightly to 2.9% in November, while remaining below market expectations that it would breach 3%.

A unicorn company is a privately held startup company with a valuation of $1-billion or more. Tyme Group has achieved this status with a valuation of US$1.5-billion (about R26.7-billion) following the capital raise. The term was first coined in 2013 by venture capitalist Aileen Lee to emphasise the rarity of such successful startups.

As the festive season approaches, take heed of these timely reminder to lock the doors and secure those solar panels, before you deck the halls, or head off for the holidays.

As the festive season approaches, take heed of these timely reminder to lock the doors and secure those solar panels, before you deck the halls, or head off for the holidays.

The proposed amendment, which is backdated and will be effective from 1 September 2024, removes the restriction that members in the affected age group must remain in the same fund. The amendments also change the effective seeding calculation date for members in this particular age category.

The amendments are intended to improve the country’s anti-money laundering and combating terrorism financing framework and address deficiencies identified by the Financial Action Task Force.