Business

July 27, 2016

This is what the future of financial services looks like

Blockchain, the online distributed ledger technology that acts as the public ledger for bitcoin, has the potential not only to fundamentally disrupt the global financial services industry, but also disrupt how monetary instruments and assets are transferred, stored and traded.
July 27, 2016

Lynne Brown: State eyes Waterberg to boost power

Government wants to invest in the Waterberg area of Limpopo to boost power supply, Minister of Public Enterprises Lynne Brown has said.
July 27, 2016

Empty promises derail Lily Mine business rescue

Mineral Resources Minister Mosebenzi Zwane’s statement on June 6 that mining operations at Lily Gold Mine in Mpumalanga could not continue until the bodies of three workers had been recovered may have scuppered a R171 million investment.
July 26, 2016

Suspicion follows ‘victory’ over Xolobeni

Anti-mining groups have cautiously welcomed the announcement by Australian mining company Mineral Commodities (MRC) that it has pulled out of the Xolobeni Mineral Sands project.
July 26, 2016

Will gas be SA’s saviour?

Gas could be a possible game-changer for investors as it holds great potential for the future of the economy in South Africa.
July 26, 2016

IMF boss backs less protection, more jobs in SA

The second-in-command at the International Monetary Fund (IMF) has given a ringing endorsement to several long-standing proposals to reduce worker protections in South Africa.
July 24, 2016

African Bank’s BEE shareholders want their money

Scores of black empowerment investors decide to sue former Abil directors and its auditor
July 24, 2016

Lynne Brown backs nuclear

The minister who oversees Eskom has come out in favour of nuclear as the mainstay source of future local power.
July 24, 2016

Vodacom to extend African footprint

Vodacom is actively looking for acquisition targets in Africa, despite larger rival MTN’s record multibillion-rand fine in Nigeria for failing to disconnect dormant users.
July 24, 2016

Downgrade, job losses on horizon

The decision by the SA Reserve Bank to slash its growth forecast for this year to zero means South Africa is near certain to be downgraded by ratings agencies and experience job losses in the second half of the year.
July 24, 2016

Fight for your rights as a taxpayer

Taxpayers have the opportunity to strengthen their rights by submitting their comment on proposed changes.
July 23, 2016

Friends & Friction: We must not forget to dream the dream

There is still an opportunity to rebuild the South African dream and shape a nation that even angels envy. This generation has survived the demented traits of human greed and cruelty, but has also witnessed unprecedented love, laughter and forgivenes
July 22, 2016

These are SA’s growth areas of the future

The IDC has identified creative industries as an important focus area for growth, writes Christina Kennedy.
July 22, 2016

Cash in transit: one of the biggest issues in SA

As crime-fighting efforts over the past decade have decreased, heists have been on the rise again
July 20, 2016

Free State farmers reject gas exploration

According to government, Free State farmers might be sitting on a gold mine of a different nature: 23 billion cubic feet of gas.
July 19, 2016

SA poverty lines rise faster than inflation

Stats SA reports that poverty is rising by more than double the inflation rate.
July 19, 2016

UIF has R99bn surplus in its back pocket

An enormous accumulated surplus of R99 billion is lying unused in the Unemployment Insurance Fund (UIF).
July 17, 2016

SA must support rivals to big business

Researchers say competition laws must be amended to fund risky businesses and support rivalry.
July 17, 2016

Shocking short cuts by construction companies revealed

South Africa’s building-industry code could be set for major changes following damning evidence of a cowboy culture and unprofessional practices.
July 17, 2016

Pravin Gordhan: Destroy tax havens

The world’s tax havens and secrecy jurisdictions should have been closed down en masse “yesterday”, according to Finance Minister Pravin Gordhan.
July 17, 2016

JSE moves to suspend Oakbay

The majority Gupta-owned Oakbay Resources & Energy is facing suspension from the JSE after failing to secure a sponsor.
July 18, 2016

Black professionals earn significantly less than whites

Black professionals still earn significantly less than their white counterparts, according to research conducted by Analytico, a company that analyses earnings data in the private sector.
July 17, 2016

Zim miner to spend R1bn on expansion

Metallon Corporation is planning to spend as much as $70 million (R1 billion) this year to grow annual gold output fivefold to 500 000 ounces by 2019.
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July 24 2016