Kabelo Khumalo
- Indexed articles, last 90 days
- 260
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Daily Dispatch
- Top 500K sites
- Earliest in this view
- Jul 6, 2026
Latest articles
Iran war wipes R300bn from PIC assets (opens the original)
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The assets managed by the Public Investment Corporation (PIC) came within a whisker of breaching the R4-trillion mark before the outbreak of war in the Middle East spooked global markets, wiping out R300bn in a month. The PIC, the biggest investor on the JSE, on Wednesday reported assets of R3.65-trillion at end-March, the group’s financial year-end, a giant leap of about R609bn from the assets reported in the previous year. This could have been a nearly R1-trillion surge had the war in the Midd
Capitec eyes bigger share of multibillion-rand airtime advance market (opens the original)
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Capitec, South Africa’s largest bank by customer numbers, has doubled down on its strategy to gain further market share in the multibillion-rand airtime advance market after its successful foray into the sector. The group, home to 26.6-million customers a year ago, went live with its airtime advance product, which it capped at R10 at the launch phase, attracting a R1 transaction fee. Having seen big demand in the product and customers’ ability to repay, Capitec has now hiked the maximum to R100,
PIC CEO declares war on impropriety (opens the original)
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Public Investment Corporation (PIC) CEO Patrick Dlamini has drawn a line in the sand on acts of impropriety in the organisation after a difficult year for the asset manager in which it attracted negative media coverage. The PIC has over the past six months come under intense scrutiny over its handling of the R430m settlement paid to Acapulco, with evidence suggesting no money was due to the company and the PIC did not act in its own interest in the dispute. The dispute began when the PIC attempt
Momentum Corporate scoops up Verso to boost retirement services (opens the original)
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Momentum Corporate has strengthened its retirement fund administration and consulting capabilities with the purchase of Verso, a financial services group founded in South Africa about 26 years ago. Verso specialises in retirement fund administration, employee benefits consulting, healthcare broking and wealth management. Dumo Mbethe, CEO at Momentum Corporate, said the transaction brings Verso’s retirement fund administration and consulting expertise into Momentum Corporate, strengthening its em
R6.5bn and counting: SA tourism is losing out to Morocco and Tunisia (opens the original)
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North Africa’s economic titans, Morocco and Tunisia, which are close to Europe, are outstripping South Africa as Africa’s most preferred tourist destination, with the latter struggling to attract travellers from its key Brics trade partners China and India. Data from a report prepared by multinational professional services firm BDO shows South Africa lost out on R6.5bn in foreign spend last year as the country continues to largely depend on travellers from the Southern African Development Commun
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