Dieketseng Maleke

Content Editor for Personal Finance

South Africans increasingly access retirement savings amid financial strain

Dieketseng Maleke|Published

South Africans are increasingly withdrawing from their retirement savings pots under the new two-pot system, with many making repeat withdrawals in a short span. ...

Credit card usage in South Africa surges by 43%: what it means for consumers

Dieketseng Maleke|Published

Standard Bank reports a 43% increase in credit card uptake among South Africans, highlighting a shift in consumer behaviour towards using credit cards for everyday ...

SA Tourism employees level bullying allegations against acting CEO

Dieketseng Maleke|Published

Guliwe was appointed in September in an acting position. He is also the chief financial officer of SAT.

Godongwana proposes that two-pot retirement system date be changed

Dieketseng Maleke|Published

The new proposed two-pot system intends to allow members of retirement schemes the flexibility to access one-third of their savings before retirement while keeping ...

National Treasury wants two-pot retirement system implemented in 2025

Dieketseng Maleke|Published

The National Treasury has amended its original proposals on the two-pot retirement system, which would permit members of retirement schemes to access their pension ...

Kumba sales drop in third quarter due to equipment breakdowns, adverse weather

Dieketseng Maleke|Published

Kumba Iron Ore said that its sales in the third quarter dropped by 12% year-on-year due to multiple equipment breakdowns at the Saldanha Port in the Western Cape. ...

Coal miners hit Anglo American with class action lawsuit

Dieketseng Maleke|Published

Human rights lawyer Richard Spoor has filed another class action lawsuit in the High Court in Gauteng against coal mining companies owned, or formerly owned, by ...

Orion awards trial mining contract for NC mine

Dieketseng Maleke|Published

Orion Minerals Limited has awarded a six-month trial mining contract to P2 Mining (Pty) Ltd, a subsidiary of Newrak Mining Group, to undertake the early works trial ...

15th BRICS Summit kicks off in Sandton

Dieketseng Maleke|Published

The summit is an international relations conference where leaders of the five member nations, Brazil, Russia, India, China, and South Africa, meet.

Energy Minister Mantashe calls for strengthening of power stations

Dieketseng Maleke|Published

Minister of Minerals and Energy Gwede Mantashe has called for the strengthening of performing power stations as he announced that the updated Integrated Resource ...

Pick n Pay Clothing launches latest collection

Dieketseng Maleke|Published

According to the retailer, Futurewear is dedicated to finding the new guard of South African creatives.

Fate of Vodacom’s fibre network deal hangs in balance

Dieketseng Maleke|Published

Should the proposed $862 million (R16 billion) deal fail between Vodacom and Maziv, with its fibre network assets Vumatel and Dark Fibre Africa (DFA), it would be ...

D-Day looms for proposed Tobacco Bill with industry and traders up in arms

Dieketseng Maleke|Published

The August 4th deadline for public submissions on the proposed Control of Tobacco Products and Electronic Delivery Systems Bill looms, and the tobacco industry stakeholders, ...

Steinhoff debacle raises questions of governance

Dieketseng Maleke|Published

OPINION: The big question that the Steinhoff International debacle raises is whether the corporate governance requirement for having non-executive and independent ...

Orion Minerals unlocks R370m funding for NC project

Dieketseng Maleke|Published

“This marks another significant milestone as we systematically check the boxes towards the development of our two key base metal hubs in the Northern Cape. ”

Telkom rejects takeover bid, says ‘not in best interest of shareholders’

Dieketseng Maleke|Published

The Telkom board has decided to walk away from talks of an unsolicited non-binding indicative bid with a consortium proposing to acquire its controlling stake, as ...

The Tobacco Bill will close more small business and destroy countless jobs

Dieketseng Maleke|Published

Tobacco industry stakeholders said on Thursday, they support the need for regulation in the tobacco industry, but it must be based on reality and should not lead ...

Copper 360 discovers exciting prospect in NC

Dieketseng Maleke|Published

Junior miner Copper 360 says metallurgical test results have confirmed a high copper recovery and concentrate grade at its Rietberg copper mine drill core in the ...

De Beers inks new deal with Botswana on diamond sales

Dieketseng Maleke|Published

In a statement, the group said De Beers, its subsidiary, and the government of Botswana will work together to progress and implement the formal new sales agreement ...

Solidarity declares dispute with Kumba

Dieketseng Maleke|Published

Solidarity has announced a dispute regarding salary negotiations between itself and Anglo American’s iron ore producer, Kumba Iron Ore.

Nxesi disappointed with pace of transformation

Dieketseng Maleke|Published

Employment and Labour Minister Thulas Nxesi said he was disappointed with the pace of transformation in the country and he also slammed politicians using employment ...

Telkom seeks clarity from consortium led by former CEO planning takeover bid

Dieketseng Maleke|Published

Telkom said on Monday that it was seeking the consortium led by its former CEO Sipho Maseko to provide further clarity on several matters after the consortium launched ...

Nedbank slashes SA GDP growth forecast on back of power crisis and weaker rand

Dieketseng Maleke|Published

In a trading statement, the lender said it had altered its SA GDP growth forecast for 2023 downwards from 0. 7% in February 2023 to 0. 2%.

Mantashe asks De Beers not to leave NC

Dieketseng Maleke|Published

“You've got too many holes in the Northern Cape, you can't make those holes and then disappear, something must happen,” the Minister of Mineral Resources and Energy ...

Land expropriation on cards to build Eskom power lines

Dieketseng Maleke|Published

Public Works and Infrastructure Minister Sihle Zikalala said that his department had received 23 requests for the expropriation of private land from Eskom to enable ...