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Polled economists believe we may see another rate cut this year

A recent Reuters poll of 27 economists has revealed a strong belief that the South African Reserve Bank (SARB) could cut interest rates again this year.

While 11 of the economists polled forecast an interest rate cut of varying amounts, some suggesting this would come in September, others believing November was more likely, five said…

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SA’s public debt 50% of GDP

According to the Organisation for Economic Co-operation and Development’s (OECD) latest Economic Survey of South Africa 2017, the country’s public debt has risen to just under 50 percent of GDP.

The survey found that government’s spending structure is skewed by a large wage bill (35 percent of total GDP in 2016), whereas other OECD and emerging market…

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IIA SA presents Guardian of Governance awards to journalists

The annual Guardian of Governance award has been bestowed upon the eight SABC journalists (dubbed the SABC 8) fired for speaking out against the broadcaster's decision to censor protest coverage.

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Networking with authenticity: women CFOs and mentees dine and discuss

How can women be more effective in the workplace? And in life? On 17 August 2017, CFO South Africa hosted this year's Women’s Dinner at the Saxon Hotel in Sandton to provide a networking opportunity and panel of inspirational speakers for women CFOs. The delegates had been encouraged to bring their mentees to the event, to share in the…

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Nigerian FinTech market up 90% since 2015 – report

The Nigerian FinTech market has grown by 90% in the past 3-4 years and startups in the populous West African nation are radically transforming the banking and financial sectors, according to Kantar TNS Nigeria CEO Aggrey Maposa.

 “It is vibrant industry and what is very exciting about the…

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IIA SA partners with Finance Indaba 2017

The Institute of Internal Auditors SA (IIA SA) has joined Finance Indaba 2017 as a silver partner and will make its second showing at the event at the Sandton Convention Centre in October.

  • Finance professionals and accountants register for…
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Comair anticipates higher earnings per share

Comair has said that its earnings per share are expected to be between 49 and 68 percent higher for the year ending 30 June 2017, than those reported for the previous year.

Moreover, headline earnings per share are expected to be between 85 and 104 percent higher than those reported for the same period last year.…

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Finance Indaba 2017: Build your finance future with AdvanceNet

"We will be talking about how to build your future with the Blueprint for Continuous Accounting. This revolutionary new concept is changing the way accounting and finance are performing and creating a paradigm shift across Modern Finance Organisations," says Bridgette Ward,…

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Sanlam takes R100m stake in Easy Equities

JSE-listed financial services provider Purple Group has sold a 30% stake valued at R100 million in its Easy Equities business to Sanlam Investment Holdings in a cash deal. Sanlam will receive a seat on the board as part of the investment.

Headed by CEO Charles Savage, Easy Equities offers accessible…

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Lindiwe Ndlela new 4AX CFO

4 Africa Exchange (4AX) has announced two new executive appointments to its management team, namely Lindiwe Ndlela (pictured) as chief financial officer and Anthony van Eden as chief operating officer.

Ndlela joined the exchange in July, bringing with…

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