Business

October 23, 2018

Shoprite to pay customers for reusing plastic bags

Shoprite, the country’s biggest supermarket chain, will pay customers for reusing its newly introduced recyclable bag.
October 23, 2018

Eskom plans first major battery storage project

Eskom is planning its first major battery storage project as President Cyril Ramaphosa seeks to boost renewable energy usage and reduce the country’s reliance on coal.
October 24, 2018

For Africa to advance, efficient capital markets are needed

The development of efficient capital markets is crucial for the advancement of Africa.
October 23, 2018

Tito Mboweni’s tightrope: Balancing reforms and reducing expenditure

Over the past few years, the three major sovereign credit ratings agencies – S&P Global Ratings, Fitch and Moody’s Investors Service – have all urged and prompted South Africa to pursue a path of fiscal consolidation amid rising expenditure.
October 22, 2018

Sars’ companies register is inaccurate, inquiry hears

The South African Revenue Service’s corporate income tax register was “inaccurate”, Fabian Murray, Sars acting chief officer for business and individual taxes, told the Sars Inquiry on Monday.
October 24, 2018

Tito Mboweni is stuck between stimulus and a broke place

How he stabilises our national debt burden in the mini budget is the burning question, writes Thabi Leoka.
October 21, 2018

Solidarity wants equality report enforced

Trade union Solidarity has launched a high court application to force the department of labour to comply with the 2017/18 equality report published by the SA Human Rights Commission (SAHRC), which found that certain sections of the Employment Equity Act might be unconstitutional.
October 21, 2018

Baic SA secures funds to curb further project delays

An urgent meeting earlier this month in Beijing, China, between the Beijing Automotive Industry Holding Company (Baic) and the Industrial Development Corporation (IDC) to get extra funding for the beleaguered R11 billion car manufacturing project mig
October 21, 2018

Black Business Council must return to Busa

‘A single business voice will benefit black business which is why the Black Business Council should return to Busa’.
October 21, 2018

Saftu's growing pains

Union is precariously manoeuvring elusive recruitment targets, exclusion, fee defaults and constitutional disputes.
October 21, 2018

New BMF president Andile Nomlala: Companies paid for memberships

Newly elected president of the Black Management Forum (BMF) Andile Nomlala is adamant that there was nothing untoward about the organisation’s membership saga that preceded his election.
October 24, 2018

Government budget deficit to widen as recession bites

Newly minted Finance Minister Tito Mboweni is expected to unveil his first medium-term budget policy statement, which will show a worse than expected budget deficit due to the local recession.
October 23, 2018

Retrenchments should be a company’s last resort, not its first

While many employees remain apprehensive about possible retrenchment, employers and employees should remain committed to alternatives and engaging in a joint problem-solving exercise to avoid possible retrenchments.
October 21, 2018

PIC inquiry looks at deals, leaks, witch-hunt, cover-up

The long-awaited terms of reference (ToR) for an inquiry into the affairs of the Public Investment Corporation (PIC) target only very recent controversial investment decisions.
October 21, 2018

Inside Labour: End the summits, give us real jobs

The much-vaunted Jobs Summit has come and gone with perhaps the most accurate media assessment being that it amounted to a damp squib.
October 21, 2018

Bain met Zuma, Moyane via Muvhango producer

Vittorio Massone, former managing partner of Bain’s offices in South Africa, was introduced to former president Jacob Zuma and suspended SA Revenue Service (Sars) commissioner Tom Moyane by the creator and executive producer of the TV show Muvhango.
October 21, 2018

Judge Nugent: Sars is spending taxpayer money 'like water'

Amid shocking revelations made at commission of inquiry come the calls for Tom Moyane to be axed.
October 21, 2018

Community group accuses green lobby of being racist

A community pressure group, which has backed the establishment of a coal mine within a key fresh-water source in Mpumalanga, has accused environmentalists opposing the mine of being racists.
October 18, 2018

SA poised to adopt plan to boost local car industry suppliers

South Africa is likely to adopt new plans for the country’s car industry in December which aim to increase the local content of assembled cars to 60% by 2035 from around 38% now, Trade and Industry Minister Rob Davies said on Thursday.
October 18, 2018

SA needs ‘a point of finality on land’ before investment conference

Policy uncertainty over the key question of land reform will be the big elephant in the room as president Cyril Ramaphosa goes on a massive charm offensive.
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October 21 2018