Money Finance ZAR

17/04/2026

Watergate Centre Mitchells Plain Acquired for R442 Million in Major Property Deal

Watergate Centre, one of Mitchells Plain’s most prominent community shopping destinations, has been acquired for R442 million in a transaction that signals continued institutional appetite for well-located township retail assets in South Africa.

The deal, reported this week, represents one of the most significant commercial property transactions in the Western Cape’s Cape Flats region in recent years. It adds to a growing list of major mall acquisitions across South Africa as real estate investment trusts and property funds accelerate their pursuit of township and community retail centres.

Link to read the full article is in the COMMENT section:

17/04/2026

Eskom Wage Increase 2026: Workers Secure 7% Annual Raise More Than Double Inflation

Eskom has formally concluded its 2026 wage negotiation cycle, securing a 7% annual salary increase for workers across the power utility, effective from 1 July 2026. The agreement covers a three-year period and is binding on all employees within the Central Bargaining Forum, including those affiliated with unions that did not sign the deal.

The 7% wage hike for 2026 onwards is more than double the current inflation rate, which sits at around 3% and is projected to reach between 3.2% and 3.5% for the year.

Link to read the full article is in the COMMENT section:

16/07/2025

PwC South Africa Invests in Future Chartered Accountants with Comprehensive Bursary Program – Money Finance ZAR

Johannesburg, South Africa – PwC South Africa continues its steadfast commitment to nurturing the nation's future financial leaders by offering comprehensive

16/07/2025

Empowering the Next Generation: The 2026 Capitec External Bursary Programme – Money Finance ZAR

At the heart of the "Ignite and Grow" campaign is Capitec's comprehensive External Bursary Programme for the 2026 academic year. This program offers more than

16/07/2025

Old Mutual Bursary 2026: Paving the Way for Future Chartered Accountants in South Africa – Money Finance ZAR

Johannesburg, South Africa – Old Mutual, a leading financial services group, has announced the opening of applications for its prestigious Bursary (Chartered

14/06/2025

🚀 Kickstart Your Future with the SARF Study Bursary!

Are you passionate about road transport, engineering, or logistics? The SARF Study Bursary could be your opportunity to shine! 🌟

💡 Here’s why you should apply:

Covers tuition fees to ease your financial load

Connects you to industry experts & opportunities

Boosts your career with hands-on exposure

All you need is passion, academic potential, and a love for transforming South Africa’s road infrastructure. 🌍

📝 How to apply?

Visit SARF’s website, complete the application form & submit your documents before the deadline!

✨ Don't wait! Your future in the transport sector starts here.

Link: https://moneyfinance.co.za/2025/06/14/unlock-opportunities-with-the-sarf-study-bursary-today/

11/06/2025

Why South Africa’s Real Unemployment Rate Might Be Just 10% Not 32% – Capitec CEO Gerrie Fourie

Read More: https://moneyfinance.co.za/2025/06/11/why-south-africas-real-unemployment-rate-might-be-just-10-not-32-capitec-ceo-gerrie-fourie/

Break The Silence About South Africa

11/06/2025

Elon Musk’s XChat: A Potential Threat to WhatsApp and Telegram?

Though details about XChat remain sparse, its potential impact on the messaging landscape has sparked intense speculation. With heavyweights like WhatsApp and Telegram dominating the space, XChat’s entry could stir up competition in ways that could make even the most loyal users reconsider their choices.

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Elon Musk’s disruptive ventures often leave entire industries scrambling to catch up. From pushing electric vehicles into the mainstream with Tesla to

11/06/2025

South Africa on the Brink: Over 420,000 Jobs Threatened by Global Carbon Policies

South Africa is facing one of the most significant economic challenges in its recent history, with over 420,000 jobs hanging in the balance due to evolving global climate policies.

This alarming situation has been brought to light by a study conducted by Net Zero Tracker, revealing the looming threat to South Africa’s key export industries as countries around the world begin to implement carbon border adjustment mechanisms (CBAMs).

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In conclusion, while the road ahead for South Africa is fraught with challenges due to global carbon policies, it also offers opportunities to pivot towards a

11/06/2025

South African Citizens Are Now Poorer Than People in Botswana: A Comparative Glance at Wealth Across Southern Africa in 2025

Botswana leads with $8,000 GDP per capita, showcasing strong economic management and diamond mining success, though income inequality persists.

South Africa ($6,400) and Namibia ($4,354) reflect moderate wealth levels, with South Africa’s industrialization and Namibia’s resource-driven economy facing challenges like inequality and unemployment.

Zimbabwe lags at $1,495, highlighting the impact of economic instability and policy missteps, with recovery efforts still in progress.

Break The Silence About South Africa

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When assessing the economic standing of a country's citizens, GDP per capita often provides a useful benchmark. It offers insight into the average income