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WEB4 days ago · Novare two-pot investment view. Trustees should wait and assess impacts before adjusting strategies as the two-pot system prompts large withdrawals. September 10th, 2024. Follow daily business, financial & investment updates online. Sign up for our Premium news subscriptions. Home of the Rational Perspective.
Explosive growth for Capitec, with more to come as it shakes up ...
WEBApr 14, 2021 · Explosive growth for Capitec, with more to come as it shakes up business banking – CEO Gerrie Fourie. 14th April 2021 by Editor BizNews. After an early knock by Covid-19 containment measures, JSE-listed Capitec reported a dramatic improvement in headline earnings to just under R4bn for the second six months to the end of February.
Combative Sean Summers is back at Pick 'n Pay - BizNews
WEBOct 2, 2023 · By Alec Hogg. Fifteen years after leaving the company he ran for over a decade, 70-year-old master retailer Sean Summers is returning to lead Pick ‘n Pay. Under Summers’ guidance, the company enjoyed undisputed leadership of the sector now dominated by rival Shoprite. The appointment is a bold move by chairman Gareth Ackerman, who was ...
From rags to riches: How Elizabeth Arden built a beauty empire
WEBDec 7, 2021 · When Elizabeth Arden died in 1966, she was still running her empire which by then included over 100 Elizabeth Arden salons around the world and a line of approximately 300 products. She left $4 million to her loyal employees. Today the company is a wholly owned subsidiary of Revlon, Inc. and is estimated to have annual gross sales of $3 billion.
Beware of unregulated investments - BizNews.com
WEBJul 12, 2021 · Unregulated investments take the form of alternative investments such as hedge funds or unapproved collective investment schemes. Law Insider defines unregulated funds as investment funds that are not regulated and, as a result, may not provide a level of investor protection equivalent to schemes authorised under South African law and subject ...
Ramaphosa’s NHI plan might be self-imploding: Patrick McLaughlin
WEBAug 21, 2024 · Ramaphosa’s shaky NHI plan might be self-imploding: Patrick McLaughlin. President Ramaphosa’s push for the National Health Insurance (NHI) plan faces mounting challenges as the legislation, still awaiting Constitutional Court approval, struggles to gain traction. Despite setting aside R36 billion for NHI, the proposal is met with resistance ...
BizNews roving reporter John Cunha takes us into Olympic places …
WEBAug 12, 2024 · Sometimes such reciprocation is way beyond expectations. Like at the Olympics in Paris over the past week when BizNews tribe member John Cunha appointed himself as our Roving Reporter – taking us places no ordinary fans would ever go. John was there with family member Brad Ross, one of …
BRICS +: How it came to be and why it’s expanding - BizNews
WEBAug 25, 2023 · The BRICS, originally a concept born in an investment bank, has evolved from an idea into a significant global entity. Comprising Brazil, Russia, India, China, and South Africa, the group wields influence as a multilateral lender. Now, it’s expanding its reach by welcoming Saudi Arabia, Iran, Egypt, the UAE, Argentina, and Ethiopia in 2024.
On-demand service delivery: Checkers Sixty60 vs Pick n Pay
WEBAug 4, 2021 · The usual delivery fee is R35. Pick n Pay asap! is available in 120 stores across South Africa, with new stores added every month. The service promises same-day delivery in as little as 60 minutes of over 10,000 products at in-store prices. MyBroadband tested the new Pick n Pay asap! app and compared it to …
Capitec beats Covid-19 woes as growth story continues
WEBApr 13, 2021 · Against the backdrop of the impact of Covid-19 on the South African economy, Capitec Bank declared an increase in headline earnings of 18% to R3.9bn during the last six months of its annual period up to end February 2021, however, as a result of the first six months of Covid impact on operations, its …
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