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While South Africans are becoming more actively involved in retirement planning, the findings of the 2026 FNB Retirement Insights Survey show that having a plan in place does not necessarily translate into retirement readiness. Now in its fourth year, the survey tracks how South Africans think about, prepare for and experience retirement. This year’s responses …
More South Africans are taking retirement planning seriously, but many remain uncertain about whether their plans will be enough to withstand the realities of rising living costs, debt, healthcare expenses and family responsibilities. That is one of the key findings of the 2026 FNB Retirement Insights Survey, now in its fourth year, which provides a …
Former NLC KwaZulu-Natal client liaison officer Sibonelo Vilakazi used his position to obtain tens of millions of rands for himself and his wife
ICT department staff and service providers implicated in alleged multimillion-rand scam
Investing can feel like a daunting task, especially with unpredictable markets and an overwhelming number of options to choose from. Many South Africans want to grow their wealth but are also mindful of protecting what they have already built – the challenge is finding investments that offer both security and opportunity. One such investment solution …
By Sizwe Nxedlana, CEO of FNB Private Segment Everyone has a version of what they want their retirement to look like. For many, it’s the dream of freedom from work-related responsibilities and the frenetic pace of daily life. For others, it’s the idea of having the time and money to travel, to be with family …
Building financial resilience requires good financial planning which will in turn help you meet your financial goals. However, this also comes with the responsibility of being disciplined and being prepared to learn and unlearn what you know about finances and money management. “Savings month presents the opportunity to help you understand that saving and setting …
R18-million, awarded to the Make Me Movement, was stolen
Gold has always held a unique place in the global financial system. It doesn’t generate income or pay dividends, but when inflation spikes, markets turn volatile or currencies weaken, gold can almost always be relied on to buck the trend and rise to the occasion. In 2025, this pattern has been repeating itself. Gold has …
JOHANNESBURG: Cricket South Africa (CSA) and Cricket Namibia are excited to announce a historic one-off T20 International (T20I) between the...
Global diversification is essential for investors wanting to optimise returns and protect their wealth in an ever-changing economic landscape. With international markets presenting strong growth potential, structured investments are an effective way to gain exposure while managing risk. In response, FNB has introduced the fourth tranche of its popular FNB Capital Preserver Participation (USD) structured …
Stepping up: Pupils to benefit from school shoes initiative
While it is often said that clothes make the man, a new, shiny pair of school shoes may do just the same for many school pupils, especially those that are underprivileged.
Deputy Minister in the Presidency Kenny Morolong on Tuesday received 470 pairs of school shoes from Capital Centric, on behalf of the Government Communication and Information System (GCIS) which will be donated to needy learners.
Capital Centric is a dynamic, unlisted public company, specializing in private equity investments. Guided by the philosophy of Kaizen, which, according to its website, emphasizes continuous improvement, the company focuses on identifying opportunities and building long-term value for its stakeholders.
The Deputy Minister said he was humbled by the gesture as he received the shoes.
“We are quite elated by the commitment demonstrated by the private sector. This donation will go a long way in helping kids who under normal circumstances would not be able to walk to schools with shoes,” a beaming Morolong said on Tuesday.
He stressed that by working together, the private sector, civil society and government can do more to fundamentally alter the circumstances under which people live.
“This collaboration will go a long way. We really wish to thank you for collaborating with GCIS to drive the programmes that impact our communities. I am speaking for these children who under normal circumstances would not be able to receive these shoes,” said the Deputy Minister.
Capital Centric Chief Executive Officer, Nathaniel Bricknell, said the company not only invests in small, medium, and micro enterprises (SMMEs) and enterprises that are profitable, scalable and sustainable, but also takes pride in playing a pivotal role in driving social impact within the sectors it serves.
“We are elated to hand over 470 pairs of school shoes to GCIS, to be distributed to schools and learners in need,” said Bricknell.
Bricknell explained that each pair of shoes tells its own unique story. This as the shoes are manufactured in South Africa and crafted from medical waste that might otherwise have ended up in landfills or have been destroyed.
Collaboration
“These shoes, made from plastic consumables that transitioned from saving life to creating opportunity, represent the very essence of transformation and sustainability.
“We believe in the power of collaboration to amplify impact. That’s why we have invited other corporates such as FNB and others we work with daily to participate in similar initiatives that drive positive change” Bricknell explained.
Bricknell thanked the GCIS for fostering a cooperative environment that enables the private sector to play an active role in uplifting communities.
“Together we are not just investing in the future of businesses but also in the future of our children, our communities and our country,” he said.
The company's Non-Executive Director, Pearl Munthali, said the entity appreciates the partnership with government.
“We are hoping to continue to partner with government changing the lives of those who are underprivileged in our country,” Munthali said.
The donation comes as schools across the country reopened for the 2025 academic year.
SAnews.gov.za
Edwin
Tue, 01/28/2025 - 20:55
Tebogo Sithathu is under investigation by the SIU over a series of multimillion-rand grants
The growing trend of stokvels and the seasonal withdrawals during festive season will require stokvel members to be vigilant and careful. Often stokvels are formed at the start of the year to enable spending in December and a result FNB sees the majority of withdrawals over this period. Cebile Magongo, Strategic Business Manager at FNB …
Investing in the stock market can be a powerful tool for growing wealth. However, as Sebastian Pillay, Head of Share Investing at FNB, highlights, it’s essential to approach the stock market with knowledge and level headedness to avoid common pitfalls and make the most of your investments and time horizon. He offers some tips to …
FNB data shows that 23% of their stokvel members are seniors, and 37% of their stokvels have two or more senior members in their groups. This may indicate how tradition is being passed down to the younger generation as seniors and youth are part of the same stokvels. “Group savings have historically been used as …
Given today’s increasingly volatile investment markets, structured products have emerged as a powerful tool, offering a unique combination of capital protection and potential for significant market-linked gains. Once known as the domain of institutional investors, these sophisticated financial instruments have undergone significant transformation, evolving from complex, high-cost investments with prohibitive minimums to more accessible and …
Avoiding needless tax deductions to your limited retirement savings is important consideration when planning for retirement. Having a diversified portfolio is key to ensuring the security and growth of your savings and investments portfolio. This is true for all life stages of investing, those saving for retirement, nearing retirement and those that are retired. Ilse …
Springboks cruise to victory
The Springboks brought joy to the nation after beating Argentina 48-7 and winning the Castle Lager Rugby Championship for the first time in five years.
The world cup winning side beat the Pumas at the Mbombela Stadium in Mpumalanga on Saturday evening.
The match saw the Boks lead 27-7 at half time.
“The win was never in doubt after the Springboks – celebrating a new Test record for Eben Etzebeth (128 caps) – had a sublime start that had the sold-out crowd of 43 578 in raptures and hardly gave them time to either sit down or catch a breath in a spellbinding first 15 minutes,” said the SA Rugby in match report.
Department of Sport, Arts and Culture Minister, Gayton McKenzie described Etzebeth as a warrior.
“On behalf of South Africa, I would like to acknowledge a warrior of SA, a man that donned the green and gold shirt 128 times doing duty for his country. You have done so much for us and the sport of rugby. You are truly a role model with the most magnificent teammates and coaches,” the Minister said in a post on X.
The Springboks scored a total seven tries in their victory on Saturday.
“A crowd of 43 578 celebrated as the Springboks scored seven tries to claim the southern hemisphere crown for the first time since 2019 – scoring more tries in a match in the competition since scoring nine in beating the same opponents at the FNB Stadium 73-13 in 2013,” said SA Rugby.
Proteas
Meanwhile, the Proteas Men are set to face Ireland in their T20i clash today.
“The Proteas are ready to bring the heat in the final T20i against Ireland! With the series on the line, they're focused on sealing the deal,” Cricket South Africa said in a post on X ahead of Sunday’s match. The match will get underway at 5:30 pm.
Cricket SA called on the nation to “get behind the Proteas as they aim to dominate and finish strong.” -SAnews.gov.za
Neo
Sun, 09/29/2024 - 10:36
Digital advertising in South Africa is on the rise, driven by business-oriented trends, says this year’s IAB South Africa Internet Advertising Revenue Report, also known as the Online AdSpend Report. The annual report, conducted in partnership with PwC, seeks to accurately measure the total revenue generated by domestic online media, including mobile advertising. Paula Hulley, …
Informa Tech, organisers of the 27th annual Africa Tech Festival (www.AfricaTechFestival.com) 2024, are pleased to announce that the South African Department of Communications and Digital Technologies (DCDT) will be an official partner of this year's event, taking place from 12 to 14 November in Cape Town.
Incorporating AfricaCom, AfricaTech, AfricaIgnite, and The AI Summit Cape Town, Africa Tech Festival 2024 will welcome 15,000 visitors, over 400 speakers, and more than 300 exhibitors. Topics include enterprise tech innovation and disruption across key sectors such as artificial intelligence, cybersecurity, cloud and data centres, and green ICT.
“Africa Tech Festival is the largest and most influential telecoms and technology event in Africa, with an audience that spans the entire ICT ecosystem, including trade and other ministries. The partnership with the DCDT is a clear indication of the South African government's commitment to engaging with these key stakeholders from across the continent, opening dialogue, sharing insights, and working together to advance Africa's digital transformation journey,” said Informa's James Williams, Event Director of Africa Tech Festival.
One of the highlights of the partnership is the AfricaCom 2024 Ministerial Summit, a closed-door VIP event bringing together close to a dozen African and international ministers from across critical sectors such as ICT, innovation, trade, finance, education, and enterprise. The Ministerial Summit will provide government leaders with a platform that facilitates discussion, collaboration, and sharing of learnings on how progressive policy is nurturing tech ecosystems, building efficient workforces, unlocking technological innovation across public and enterprise sectors, and driving Africa's socioeconomic development.
Another initiative that forms part of the partnership is an exclusive government pavilion at which a small group of top South African businesses, SMEs, and startups will be hosted, again reflecting top-tier support for businesses that are contributing to the country's technology-driven agenda.
“The importance of collaborative efforts and partnerships in realising our goal of a connected and digitally transformed society cannot be overemphasised. The Africa Tech Festival presents such platform for different innovative minds to come together to explore and exchange tech solutions for Africa and the rest of the world. This global platform will not only afford us an opportunity to learn best practices but also afford our SMEs to market their innovative solutions to the more than 15 000 visitors from across the globe. We are committed to ensuring that Africa does not become a mere consumer of digital solutions developed elsewhere but a meaningful participant in the digital economy by being a supplier of solutions and infrastructure that are tried and tested in our shores. We are looking forward to welcoming the world to our shores.” said Ms Nonkqubela Jordan-Dyani, Director-General of the Department of Communications and Digital Technologies.
The introduction of the Ministerial Summit, along with the official endorsement of the event by the DCDT, add significantly to the depth of Africa Tech Festival. In addition to showcasing the immensely innovative nature of the industry, the event is also a targeted networking platform for tech leaders, role-players, and investors to make a positive contribution to Africa's successful navigation of a tech-driven future.
Confirmed Africa Tech Festival 2024 speakers include:
Register now to secure your spot and join us in shaping the future of technology in Africa: https://AfricaTechFestival.com/
Distributed by APO Group on behalf of Africa Tech Festival.
About Africa Tech Festival:
Africa Tech Festival, including anchor events AfricaCom, AfricaTech, AfricaIgnite, and The AI Summit Cape Town is part of the Informa Tech Connecting Africa event series.
A vibrant celebration of Africa's diverse community of tech champions, Africa Tech Festival is the largest tech and digital connectivity conference and exhibition in Africa, attracting hundreds of exhibitors, more than 400 speakers and more than 15,000 delegates.
Scaling is a critical period that either ends in the company growing rapidly and sustainably or getting stuck in the chaos and ending up in no man’s land. Taking advantage of a startup’s potential for growth requires new ways of thinking, new habits, new knowledge, and new disciplines. Without these, thriving startups don’t capitalise on …
In another move to provide diverse investment opportunities for South African investors, FNB released the third tranche of its widely acclaimed Structured Products. Designed to deliver robust returns while safeguarding capital, these innovative investment solutions are a powerful tool for investors seeking to diversify their portfolios in today’s volatile economic environment. Samukelo Zwane, Head of …
Nando’s brings a fresh dose of humour and deliciousness to screens across South Africa with its latest television ad, showcasing the country’s unique ability to embrace life’s challenges with a smile. Known for its cheeky advertising and mouth-watering flame-grilled PERi-PERi chicken, Nando’s continues to capture the essence of South African culture with its new campaign. …