Business

September 17, 2017

Banks must deal with criticism and negotiate

South Africa’s banks have to address both the fair and unfair criticism levelled at them before the “climate for negotiation” is lost, said Yunus Carrim, the chair of Parliament’s standing committee on finance.
September 17, 2017

Harmony is most likely the buyer of Anglo’s Kopanang

With two of the three initial bidders for AngloGold Ashanti’s Kopanang mine in Klerksdorp, North West, having received letters of rejection, the door seems wide open for deep-pocketed Harmony Gold to win.
September 17, 2017

An end to impunity at SAA

Dudu Myeni says the flailing national airline is seen by the public as an ‘alcoholic’.
September 17, 2017

‘SA’s troubles are self-inflicted’

Business Leadership SA (BLSA) CEO Bonang Mohale is not a man who minces his words.
September 17, 2017

Sim goes it alone

Standard Bank boss affirms the group’s strategy that, although it was criticised, appointing two CEOs in 2013 made sense.
September 17, 2017

Friends and Friction: Our children must learn the power of their hands

The greatness of a nation does not lie in its celebrated statesmen or its glorious rivers.
September 17, 2017

Captain of SA's postal service

‘I believe the huge ship that is the SA Post Office is beginning to turn around – we are going to make it work,” says a confident Lindiwe Kwele.
September 17, 2017

Keeping his eye on the prize

Investment manager Kabelo Rikhotso learnt his street smarts growing up in Atteridgeville, and always wanted to change lives.
September 17, 2017

Kubayi: I’ll go to court if IPP renegotiations fail

Energy Minister Mmamoloko Kubayi said she would go to court to challenge independent power producers (IPPs) that do not drop their previously agreed tariffs.
September 17, 2017

Metered taxis launch drive to beat Uber

A prospective local competitor to Uber, ­co-owned by metered taxi companies, says it can match the e-hailing giant’s fares – even while claiming that these are unsustainable.
September 17, 2017

Varsity killed the college

The notion of free university tuition has gained ground in state circles, yet the chronic underfunding of technical and vocational colleges remains unacknowledged.
September 17, 2017

Black contractors viewed with suspicion

There is a culture of institutional suspicion in the construction industry as black contractors’ ability to undertake construction projects is being questioned.
September 15, 2017

Manufacturing is a vehicle for creating steady jobs, so why isn’t SA doing it?

The world is currently confronted with the fourth industrial revolution that has brought about a wave of significant change with a ubiquitous impact. Among these changes is the advancement of technology in the manufacturing sector Africa and more spe
September 15, 2017

Chinese investment in Africa is ‘not the new colonialism’

Investment by Chinese firms on the continent is not as exploitative as it is made out to be, and South Africa is protected from possible exploitation as it has strong policies in place.
September 15, 2017

Tough times sees Clover battle to hold market share

Tough economic times, including recession, have forced Clover to back down from hiking the prices of its products in order to avoid losing market share.
September 12, 2017

Workforces that are flexible to adapt to changes will survive

A series of profound changes is set to hit the global economy.
September 11, 2017

Response to City Press: Solar industry open to options after renegotiation directive

The SA Photovoltaic Association (Sapvia) today distanced itself from comments that the minister of energy is bowing to pressure from Eskom to "squash" the renewable energy independent power producer purchase (reippp) programme.
September 10, 2017

SA mining in crisis, chamber boss tells international conference

Chamber of Mines chief executive Roger Baxter has told delegates at the Africa DownUnder Conference in Perth that the local mining industry was in a crisis and Mining Minister Mosebenzi Zwane paid scant attention to the matter.
September 11, 2017

Cell C threatens BEE partner with lawsuit

Cell C has threatened its Black Empowerment Economic (BEE) partner, Cellsaf, with a hefty legal lawsuit after the latter issued a statement recently pointing out a number of possible contraventions in its recapitalisation transaction.
September 10, 2017

Jury’s still out on saving SAA

Atop official at the Government Employees’ Pension Fund (GEPF) this week kept ajar the possibility of the entity investing in bankrupt national carrier SAA, which is clamouring for a bailout.
September 10, 2017

No more easy patents

The new draft of the intellectual property (IP) policy, released by the department of trade and industry, paves the way to end the country’s “extraordinarily and unjustly high” rate of granting patents. The policy was published in the Government Gaze
September 10, 2017

Court frees Malawian tycoon’s millions

Malawian-born businessman Simbi Phiri, who is based in South Africa, has realised a major victory in Botswana’s Lobatse High Court, which ordered the release of his R24 million that was frozen.
September 10, 2017

Friends & Friction: Meetings should not lead to resentment

There was a time when all an employee had to do was show up at work and his salary was paid. The directors’ most difficult job was to sign the attendance register at board meetings.
September 10, 2017

Saftu wants keys to the kingdom

The SA Federation of Trade Unions (Saftu) is gearing up for exactly the same battle that laid the previous new labour federation low – getting into Nedlac, the labour constituency that negotiates economic policy with business and government.
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September 17 2017