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What our female clients are invested in on the JSE
We had a look at what our female Share Invest clients are invested in right now. While not completely different to what our male clients are invested in – there were some interesting surprises waiting for us in the thousands of data points (and subsequent pivot tables) that we combed through. As a start, it
FairPlay was launched due to the Hammarsdale closure
Hammarsdale has special significance for FairPlay. The Hammarsdale closure, and the plight of the workers and communities affected, resulted in the launch of FairPlay as a movement opposed to dumping and unfair and illegal trade. FairPlay founder Francois Baird recalled that the decision to close the plant and retrench workers was announced in 2016. FairPlay
Saudi Arabia lifts 21-year ban on South African meat
The Saudi Arabian Food and Drug Authority has announced it is to lift a ban on meat imports from South Africa, opening up opportunities for local meat producers in a sizeable market. Freight News reports that Saudi officials inspected local abattoirs and feedlots in June this year to ensure that meat products complied with Saudi Arabian
China to provide agricultural assistance to Africa
China believes African countries will be able to feed themselves, and has promised Chinese investment to help the continent to achieve that objective. The undertaking came from Chinese President Xi Jinping at the recent summit in Johannesburg of the BRICS group of nations – Brazil, Russia, India, China and South Africa. He said China will allocate more resources
PPT Group to harness AI’s potential with Microsoft Copilot
PPT Group, one of South Africa’s premier management consultancy firms, has announced that it will integrate the transformative capabilities of Microsoft Copilot, an AI-powered collaboration tool for Microsoft 365, into its portfolio of client services. "Platform shifts in technology have always defined the eras of innovation. From text-based computing to the GUI, the internet and
Vodacom, Eskom sign historic first virtual wheeling agreement
In a first of its kind in South Africa, Vodacom signed a Virtual Wheeling agreement with Eskom earlier today that will help accelerate efforts to solve the country’s energy crisis. In addition to adding capacity to the nation’s power grid, this agreement – a Vodacom innovation which has been co-developed with Eskom – will also
(SPONSORED) Unexpected Risks That Your Car Insurance May Cover
When you took out car insurance on your new vehicle, it is unlikely you reviewed the policy with a fine-tooth comb. You would rather be enjoying your new ride than reading the fine print, right? This means that while you might know the basics of what is covered by your vehicle insurance, you might not
Africa's Urgent Call to Harness its Critical Minerals Potential
South African Energy Minister Gwede Mantashe has issued a resounding call to action, urging African nations to develop strategies for critical minerals as soon as possible. Speaking at the inaugural African Critical Minerals summit in Sandton, Mantashe emphasised that failure to do so would result in a missed opportunity to capitalise on the continent's vast
Harmony Gold's Robust Financial Year and Increased Dividend
Harmony Gold, South Africa's leading gold mining company, has announced a significant increase in its annual dividend to 75 cents per share, reflecting a surge in profits at its renowned Mponeng mine. Harmony Gold, South Africa's largest gold mining company by volume and a global leader in the reprocessing of old tailings dams, is reaping
Master Drilling Group Reports Strong Double-Digit Revenue Growth in H1 2023
Master Drilling Group, a specialised drilling services provider, reported a significant increase in revenue for the half-year period ending in June. The company attributes its success to years of strategic capital investment, which has resulted in double-digit revenue growth when measured in dollars. In concrete terms, Master Drilling's revenue has increased by 12.1% to approximately
OpenAI Launches Business-Oriented ChatGPT Enterprise Amid Privacy Concerns
In response to growing privacy concerns and declining user engagement, OpenAI, the creator of ChatGPT, has introduced ChatGPT Enterprise, a specialised version of its AI-powered chatbot aimed at the corporate market. This move comes as OpenAI is under fire for the potential risks of AI and its data collection practises. According to an OpenAI blog
Absence from BRICS: A Reflection of Decades of Non-Aligned Policy
The recent statement by Indonesian President Joko 'Jokowi' Widodo cautioning against rushing into membership in the BRICS economic grouping has sparked debate about Indonesia's role in the rapidly changing global economic landscape. Despite its strong economy and potential to become one of the world's top five, Indonesia's absence from the expanded BRICS group, which now
The new look of agriculture: Technology makes efficient and sustainable farming possible
By the year 2050, the global population is projected to surpass 9 billion, presenting a substantial challenge in ensuring an adequate food supply for everyone. Addressing this imperative, the agricultural sector must undergo a remarkable transformation, aiming to increase production by approximately 69% from 2010 to 2050. Farmers spanning from small-scale cultivators to expansive agricultural
Ghana’s government announced that it has reached a deal to restructure USD4bn debt with domestic pension funds and investors
Ghana: The Ghanaian Finance Ministry yesterday announced that the government’s pension fund debt exchange had closed with a 95% participation rate, while the USD-denominated bonds exchange had closed with a participation rate of around 92%. Pension funds have agreed to exchange GHS29.6bn (cUSD2.6bn) of the GHS31bn existing bonds for two new notes with maturities in 2027
Former Google executive Dr. Juliet Ehimuan joins Zenith Bank
It has been revealed by the Board of Directors at Zenith Bank Plc that Dr. Juliet Ehimuan has been appointed as a Non-Executive Director of the bank, effective from August 29, 2023. This news underlies the bank’s commitment to bringing aboard top-tier talent with diverse and impactful backgrounds. The news were disclosed through a corporate
Honor plans to descend on SA’s foldables market
As the flagship smartphone segment to encompass foldable smartphones continues to expand, South Africa is becoming a favoured destination to launch these devices. One of the Chinese smartphone brands, Honor, is planning to bring its latest device to South Africa next year, the foldable Magic V smartphone which debuted at Mobile World Congress 2023. The
Insurance solutions women need to mitigate the ‘what-ifs’
While the role of women in society continues to evolve, so does the need for them to be exposed to financial planning resources that will allow them to fend for and protect their families accordingly. Women are forecast to live longer, according to the World Health Organisation. The life expectancy for men increased to just
Bridging Connectivity Gaps in Africa with FWA Solutions
Addressing the Global Digital Divide Today, the global digital divide persists, with around 1 billion households without fixed broadband, and projections indicating that approximately 30% of households worldwide may still lack broadband connectivity by 2028, according to an Ericsson analysis. At the same time, 3GPP technologies, including LTE and 5G, are poised to offer extensive
BRICS GDP set to increase by 36% after the expansion
The new expectation for the Gross Domestic Product of BRICS is 36 percent of global GDP and 47 percent of the world population. This is coming after there was an announcement of the six nations to the BRICS bloc. The president of South Africa, Cyril Ramaphosa made the announcement saying: “We have decided to invite
Eskom lost R5 billion loss in space of 3 months
In the first quarter of the 2023/24 financial year that ended June 2023, Eskom reported a R5 billion loss before tax. The revelation came from Eskom’s unaudited quarterly results that were presented to the Standing Committee on Appropriations on Tuesday the 29th of August. The company’s net revenue went up to R70.9 billion for the