Eskom, South Africa's state-owned power utility, has disclosed that it spent a staggering R8 billion on employee benefits over the past two years. This revelation comes at a time when the company f…
Fidelity Investments has reported a worrying trend among American workers, as more individuals are tapping into their 401(k) retirement savings. Average account balances have fallen to $104,400, a …
The retirement of General Thembisile Patekile, Western Cape's Provincial Commissioner, has stirred varied reactions among the business community and local government. Announced on 1 June 2023, Pate…
In a significant shift, 20,000 pension contributors in Nigeria have moved N153 billion (£319 million) from their Retirement Savings Accounts (RSAs) to seek better investment returns. This transfer …
Pepkor Capitalises On Pension Reform Pepkor Holding has moved quickly to capture capital from South Africa's new two-pot pension system. The retail group reported a surge in liquidity as m…
Gael Monfils has officially ended his tenure at Roland Garros, a move that sends immediate ripples through the global sports marketing and hospitality sectors. This departure marks the end of a luc…
Stanlib Investments and its parent group Standard Bank have confirmed a sweeping restructuring plan that will eliminate approximately 8,000 jobs across its African operations. This aggressive move …
Shabnim Ismail has officially reversed her retirement from international cricket, confirming her availability for the upcoming T20 World Cup hosted in South Africa. This strategic move by the veter…
Canada’s Lotto Max jackpot has finally been claimed, with a single $70 million prize secured by a winner identified only as NG. This resolution ends months of speculation and resets the financial e…