FSCA launches investigation into PIC following CEO suspension

Edward West|Published

The Financial Sector Conduct Authority (FSCA) has initiated an investigation into the Public Investment Corporation (PIC) following the suspension of its CEO amid ...

PIC names CFO Batandwa Damoyi acting CEO as governance crisis deepens

Ashley Lechman|Published

The Public Investment Corporation has appointed CFO Batandwa Damoyi as acting CEO following Patrick Dlamini's precautionary suspension as governance concerns continue ...

Standard Bank and Helios Towers partner to boost digital connectivity across Africa

Edward West|Published

As Standard Bank and Helios Towers embark on this promising partnership, they are not only addressing critical business needs but are also championing a movement ...

DRDGOLD's ambitious Vision 2028 plan to boost gold production goes into implementation mode

Edward West|Published

DRDGOLD is poised for a significant transformation as it launches its Vision 2028 initiative, designed to double its gold production capacity and establish sustainable ...

Supermarket Income REIT plans £100 million rights issue to expand portfolio

Edward West|Published

Supermarket Income REIT is set to raise £100 million through a rights issue to acquire nine grocery assets, aiming to double its portfolio size and enhance shareholder ...

The real cost of inconsistent investing

Therese Grobler|Published

Discover how inconsistent investing can undermine your financial future and learn the importance of regular contributions to build wealth over time.

Understanding the emotional impact of rewards programmes

Lianne Booth|Published

Explore the emotional journey of rewards, from the anticipation of earning them to the lasting memories they create, and discover how these experiences influence ...

Richemont's luxury brands drive 20% sales growth, boosting share price by 7,5%

Edward West|Updated

Compagnie Financière Richemont's share price soared by 7.5% on the JSE following a strong first-quarter sales report, with global sales reaching €6.3 billion, marking ...

Governance concerns rise as PIC CEO faces suspension

Edward West|Published

The Public Investment Corporation has suspended CEO Patrick Dlamini amid serious allegations of corruption and maladministration, raising concerns over the governance ...

How to wisely use your tax refund during Savings Month

Craig Whittaker|Published

Discover three practical strategies to make the most of your tax refund during Savings Month, ensuring your financial plan aligns with your current needs.

Tin production and sales soar at Alphamin Resources in the Democratic Republic of Congo

Edward West|Published

Alphamin Resources Corporation anticipates record earnings of $167 million in Q2, driven by increased tin prices and production. Discover the latest updates on their ...

Mounting calls for greater accountability and further investigation at the PIC

Ashley Lechman and Yogashen Pillay|Published

" Trade unions and political leaders respond to the precautionary suspension of PIC CEO Patrick Dlamini, highlighting concerns over governance and the management ...

PIC CEO Patrick Dlamini on precautionary suspension amid governance concerns

Edward West|Published

The Public Investment Corporation has suspended CEO Patrick Dlamini amid serious governance concerns and allegations of impropriety, following a whistleblower report. ...

JPMorgan Chase profits jump on strong investment bank results

AFP|Published

Results were especially buoyant in JPMorgan's markets division during a heady period for the US stock market.

Goldman Sachs profits surge on trading, deal advising strength

AFP|Published

Profits for the New York investment bank in the second quarter were $6.4 billion, up 84 percent from the year-ago level, while revenues jumped 39 percent to $20.3 ...

Copper 360 awards contract to Cementation Africa for Northen Cape mine revival

Edward West|Published

Copper 360 has awarded a R874 million contract to Cementation Africa for the underground development of the Rietberg Mine, marking a significant step in the revival ...

Why the suspension of PIC CEO Patrick Dlamini raises serious governance concerns

Adri Senekal de Wet|Updated

Patrick Dlamini's precautionary suspension as CEO of the Public Investment Corporation raises critical questions about governance, accountability, and the institution's ...

Exploring the financial behaviours of South Africa's Gen Z

Afua Darko|Published

Discover how South Africa's Gen Z navigates the credit market with distinct money personalities, as revealed by Sanlam's 2026 Credit Confidence Index.

Why retirement planning needs a rethink in South Africa

Asavela Gwele|Published

With life expectancy on the rise, many South Africans face a retirement crisis. This article explores the challenges of planning for a longer life and offers insights ...