In the realm of commodity trading, gold holds a special place due to its historical and economic significance. Whether you're a seasoned investor or a novice, understanding how to trade gold is crucial for success in this volatile yet potentially lucrative market. This article delves into effective strategies and...
During the recent Black Friday period, Nedbank observed a significant shift in trends in consumer spending behaviour.
This points to the the continual evolution of South Africa's retail landscape, and a greater awareness by South Africans of the importance of sound personal financial principles.
Decline in Card Transaction Volumes
According to data...
FNB customers once again hit R3 billion in purchases on Black Friday, in line with last year’s highest spend peak.
FNB saw a positive shift in usage of the FNB Virtual Card, with a 94% year on year increase in customer spend over Black Friday weekend.
Robust Increase Transactions
Additionally, while Black...
South African companies spent an estimated R11.8 billion on corporate social investment(CSI) in the 2023 financial year, according to corporate responsibility consultancy Trialogue’s latest research findings.
The spend reflects an 8% nominal and 1% real increase from R10.9 billion in 2022, on the back of post-Covid recovery, low economic growth...
In the ever-evolving landscape of mobile technology, one innovation has stood out as a catalyst for financial inclusion in Africa: Unstructured Supplementary Service Data (USSD).
This technology, while sounding technical, plays a crucial role in powering mobile money transactions, particularly in regions where smartphone adoption is not yet ubiquitous.
Mobile Money...
Paysho, the innovative online escrow service, revolutionizes online transactions, ensuring a secure platform for buyers and sellers amid rising online fraud. In an environment where scams are prevalent, Paysho acts as a crucial safeguard, holding funds until all parties are satisfied that transaction terms are met.
Online Transactions Challenges
Online...
FNB plans to improve the operational resilience of its ATM network across the country by installing Uninterruptible Power Supply (UPS) systems in over 1,000 standalone ATMs, allowing customers to access services during power outages.
The first phase of the project will begin with installations at 300 ATMs by the end...
Grey a cross-border fintech company, has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design. This strategic move aligns with the company’s dynamic plans to expand its footprint in the global market.
Grey aims to leverage this fresh identity to reach a broader...
South Africa's headline inflation rate increased by 0.5ppt to 5.9% in October and is underpinned by the rising fuel and food inflation. The core inflation eased to 4.4% from 4.5%, although this was also more than what was expected. This is according to HSBC's research. Food inflation rose to 8.8%,...
It doesn’t matter whether a company is a small to medium-sized enterprise or a large corporation, or where it’s based, we are all now operating in a global economy. Irrespective of the size of an enterprise, its location, or its product offering is, with the right payment and transaction...
Contactless payments have soared in popularity, transforming the way we pay for goods and services. With the tap of a card or a smartphone, consumers can complete transactions quickly and effortlessly. Whether it is grabbing a cup of coffee, purchasing groceries, or filling up your car with fuel, contactless...
In an era where online transactions dominate, ensuring secure shopping practices has never been more critical. Visa's "10 Secure Shopping Habits" serves as a comprehensive guide, offering indispensable insights and practical tips to empower consumers with the knowledge needed to navigate the digital marketplace safely. From selecting trusted retailers...
Copia has emerged as a game-changer in Kenya's retail landscape, introducing an innovative approach that seamlessly bridges the gap between offline and online commerce. With a customer base of two million and a focus on household items, electronics, and packaged foodstuff, Copia has become a trusted name for Kenyan...
Research by Cisco AppDynamics reveals that consumers around the world are planning to do more of their holiday season shopping online than ever before this year.
Data gathered from the survey shows that on average, consumers expect that 59% of their spending on key shopping dates such as Black Friday...
MTN Group Limited (MTN) has appointed Computershare Investor Services (Pty) Limited (Computershare) as the authorised service provider to manage the process of locating shareholders with unclaimed dividends.
The objective is to update and verify shareholder information to facilitate the disbursement of any outstanding dividends.
Successful Distribution of Dividends
Since the commencement of...
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Dubai Integrated Economic Zones Authority (DIEZ) has announced the launch of a venture capital (VC) fund worth US$136 million.
The fund, launched in the presence...
