iol.co.za mixed news headlines

Datatec predicts sharp increase in annual headline earnings

JSE-listed international information and communications technology (ICT) company Datatecs headline earnings a share was expected to be between 13 and 15 US cents for the year to February 28, a turnaround from the 9.3 US cents a share headline loss
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03 May 2024

MTN's subsidiary in Ghana reports strong first quarter performance

MTN Ghana, a subsidiary of South Africa-based MTN Group saw a strong first-quarter performance with earnings, before interest tax depreciation and amortisation, increasing 31.5% to GHS2.15 billion (about R2.9bn) in the quarter to March 31, 2024.</
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03 May 2024

Jargon buster: financial phrases simplified

JUST SAs weekly jargon buster aims to give simple, plain English explanations for typical words and phrases used in the financial industry, in particular, words relating to guaranteed life annuities and living annuities. This week, we look
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03 May 2024

SA calls for level field in online retail sector amid Temu, Shein dominance

Minister for Trade, Industry and Competition (the dtic), Ebrahim Patel, has called for an urgent need to balance the playing field in the e-trading sector to ensure platforms like Temu and Shein paid equitable import tariffs and value-added tax (V
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03 May 2024

The country yearns for attuned leadership

Dr Sigqibo Biggz Mfuywa In 2012, during a Nedbank event, Dr Ruel Khosa gave a powerful oration about the leadership dilemma. He argued that the main ingredients of attuned leadership were connectivity, compassion, honesty, humility, reason
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03 May 2024

Operational constraints erode SA's position as the world's largest producer of manganese ore

HSBC analysts have warned that infrastructure and logistics constraints were holding back South Africa from benefiting from its status as the worlds largest producer of manganese ore.The global bank highlighted the importance of stability i
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03 May 2024

Woman gets her father's death payout after a 27-year wait

In a recent determination, the Pension Funds Adjudicator, Muvhango Lukhaimane, has severely criticised a pension fund that delayed paying out a death benefit for an astonishing 27 years. The determination also emphasises the duty of funds t
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03 May 2024

Are you covered against the risk of civil unrest?

Even as we celebrate 30 years of democracy and will soon be heading to the polls again, South Africa remains socially and economically challenged, with low economic growth, high unemployment and rampant inequality. A knock-on impact of thi
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03 May 2024

JSE to explore dual-listing stocks with Saudi Tadawul Group

The Johannesburg Stock Exchange (JSE) has signed a landmark Memorandum of Understanding (MoU) with Saudi Tadawul Group aimed at exploring dual-listing opportunities and broader market participation.The Saudi Tadawul Group is the parent comp
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03 May 2024