Business

December 10, 2017

Nuclear will happen

When is a policy directing billions in state spending not up for discussion? When new Energy Minister David Mahlobo says so.
December 10, 2017

How IDC was forced to invest in Oakbay

Alast-minute, hand-written amendment to a contract forced the Industrial Development Corporation (IDC) to trade R256 million for now-worthless shares in the Gupta family’s Oakbay Resources and Energy at inflated prices in 2014.
December 10, 2017

Eskom board boosted by new recruits

Public Enterprises Minister Lynne Brown has retained the current Eskom board, keeping under-fire interim chair Zethembe Khoza until the first board meeting next year.
December 10, 2017

Baic to set up R2bn Coega components supplier park

Chinese motor manufacturer will build the park in addition to its R11 billion plant, currently under construction.
December 10, 2017

Barbrook rescue plagued by fraud concerns

Creditors of Mpumalanga’s Barbrook Mine have reported business rescue practitioner Rob Devereux to the Companies and Intellectual Property Commission (CIPC), citing concerns over fraud and reckless trading.
December 10, 2017

Friends & Friction: We can stop this silly season madness

Yep! It’s that time of the year again, the silly season. It is silly in more ways than one – death on the roads, death at shebeens and death at work as people become too excited about going home for the holidays, or are just too tired to focus.
December 10, 2017

There's cash in that crowd

Getting many people to fund your idea frees you of the burden of interest payments and allows you to connect with customers.
December 10, 2017

Winning Women: Protecting the child

It has always been a crime of assault to hit a child but, until October, if parents were charged, they were able to raise a special defence for such abuse.
December 10, 2017

Spazapp aims for a Cape expansion drive

Start-up Spazapp – a free mobile app that enables informal traders to buy directly in bulk from large suppliers – was looking to launch in the Western and Eastern Cape, adding to its growing footholds in KwaZulu-Natal and Gauteng.
December 10, 2017

Fixing the banking sector one loose bolt at a time

Andile Ramavhunga is anything but a typical banker. He looks, walks and dresses nothing like a corporate honcho who runs one of the fastest-growing mutual banks in the country.
December 8, 2017

‘It’s the end of Mugabe, but Mugabeism is still in place’

Real change will only come to Zimbabwe with electoral reforms and unity among the opposition in order to challenge the ruling Zanu-PF’s long-held position of dominance.
December 7, 2017

Are you an employer? Here’s how the minimum wage bill will affect you

In November the labour department published the National Minimum Wage Bill that is set to introduce a minimum wage of R20 for each ordinary hour worked from May 2018.
December 6, 2017

Road to Nasrec: A rapid, credible economic turnaround is possible, but...

As the country anxiously awaits the outcome of the ANC elective conference in December, it remains to be seen whether the year ahead will usher in new leadership, and with it a possible change in direction for South Africa.
December 6, 2017

Zuma could lift the lid on possible ‘nuclear deal’

President Jacob Zuma could possibly lift the lid on a possible nuclear deal as he speaks about South Africa’s energy future at a controversial energy indaba on Thursday.
December 4, 2017

Black business council head suspended, charges laid over missing millions

The Black Business Council has suspended its chief executive, Danisa Baloyi, pending an investigation into a missing donation from the Airports Company South Africa worth R5 million.
December 3, 2017

Airbnb revamps lodging industry

Nomalungelo Sotyingwa is the proud owner of Lungi’s B&B in Khayelitsha, but she doesn’t just get her clients through word of mouth – she uses Airbnb.
December 3, 2017

Digital revolution crumbles barriers

The digital revolution has caused enormous change in the way people manage businesses as it removed many barriers entrepreneurs were facing, says Emma Kaye, head of Cape Digital Foundation.
December 3, 2017

New Competition Act goes for subtlety over brute force

New Competition Act drastically changes the enforcement landscape and focuses on concentration of ownership.
December 3, 2017

Plot thickens around BBC’s missing millions

The Black Business Council (BBC) and the Airports Company SA (Acsa) still have conflicting versions of how a R5 million donation to the business lobby seemingly disappeared.
December 3, 2017

Central bank wants Mkhwebane to pay dearly

Firing its latest salvo in the CIEX court case, the central bank wants the Public Protector to pay dearly, writes Dewald van Rensburg.
December 3, 2017

Ramaphosa talks tough on Eskom, Zuma's fiscal committee

Deputy president says Zuma’s fiscal committee is undermining Treasury and he is opposed to any IMF loan for Eskom.
December 3, 2017

We like to bribe

Bribery in South Africa looks like it is getting worse, according to a survey conducted by the Ethics Institute.
December 3, 2017

Friends and Friction: Most votes do not equal best candidate

Many people confuse democracy with morality. The two aren’t the same, and the qualities for excelling at either one of them are very different.
December 3, 2017

Taxify looks to rapid expansion

Ride-hailing app Taxify is going to more than double its South African permanent staff as it moves to challenge Uber with new products and new locations for its services.
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December 10 2017