south africa

The hybrid working model is has become somewhat commonplace in South Africa, with many organisations encouraging employees to divide their time between the office and home.  Source: BusinessTech

The latest South African Customer Satisfaction Index (SAcsi) for Life Insurance reveals which insurer has the most satisfied customers. Source: BusinessTech

Fidelity Services Group, the largest private security firm in South Africa, is considering an initial public offering, according to people familiar with the matter, which would be the country’s first in four years. Source: BusinessTech

South Africa reported its largest current-account surplus on record last year as import demand was suppressed by the economy recovering from the impact of the coronavirus and the value of gold exports rose to the highest since at least 1960. Source: BusinessTech

South African Breweries (SAB) has signed a power purchase agreement with a black-woman owned industrial-scale biogas waste-to-energy company Bio2Watt. Source: BusinessTech

Eskom’s increasing reliance on diesel reserves and OCGTs (Open Cycle Gas Turbines) has raised concerns that the country could move to higher stages of load shedding in the coming weeks. Source: BusinessTech

The opposition Democratic Alliance has warned that government will need to seek private investors for the South African Post Office (SAPO), or risk closing it for good. Source: BusinessTech

Basic Education minister Angie Motshekga says her department will move forward with plans to incorporate mother-tongue languages at the country’s schools. Source: BusinessTech

Godongwana noted that the conflict between Russia and Ukraine carries with it significant risks for a world economy that is yet to fully recover from the shock of the Coivd-19 pandemic. Source: BusinessTech

Government has begun work on reviewing South Africa’s grants system, says finance minister Enoch Godongwana. Source: BusinessTech