The bank has announced a financial support package of $11 billion aimed at funding SA’s trade and industrial strategy.

Absa says South Africa’s (SA) New Energy Vehicle (NEV) market is expanding steadily, with sales rising sharply in recent years as consumers begin to embrace electric and hybrid technologies.

WeBuyCars, South Africa’s (SA) largest second‑hand vehicle trading platform, has confirmed that its co‑Founders and co‑Chief Executives, Faan and Dirk van der Walt, have sold approximately $54.3 million worth of shares, their first such sale since the company listed on the Johannesburg Stock Exchange (JSE) on April 11, 2024.

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that artificial intelligence (AI) will reshape global economies at unprecedented speed.