Business

August 21, 2018

Brics wants a bigger voice in the global system

A unified front will ensure that institutions such as the UN and IMF can be reformed to ensure a stable global order, writes Cyril Prinsloo and Luanda Mpungose.
August 19, 2018

Audit watchdog chair fights Public Protector

Dlamini says Mkhwebane is victim of ‘self-induced ignorance’ and ‘dishonesty’.
August 18, 2018

Municipal managers to face charges for illegal investments in VBS

The North West standing committee on public accounts (Scopa) is pressing for punitive action, including criminal charges, against the errant municipal managers behind the illegal investments of service delivery funds into the embattled VBS Mutual Ban
August 19, 2018

Minister Nkwinti calls for state construction bank and company ideas

Building firms urged to come up with a model to empower black practitioners big and small.
August 19, 2018

Sugar price rises to protect local industry

Trade and Industry Minister Rob Davies this week endorsed a massive hike in protection for the sugar industry following a recommendation from the International Trade Administration Commission (Itac).
August 19, 2018

Labour brokers, mines in a jobs bloodbath

Companies ‘deem’ labour broker workers, hike pay, then retrench them after watershed court ruling.
August 19, 2018

Sword of Damocles hangs over miners' heads

Only a fifth of those who could lose their jobs at South Deep mine, western Johannesburg, would be able to find other jobs.
August 19, 2018

Will sugar and chicken define an election?

If the decision last week by Trade and Industry Minister Rob Davies to raise the import duty on sugar, by $114 a ton to $680, was intended to placate all levels of the industry, it failed dismally.
August 19, 2018

Sars looks into identifying noncompliant cryptocurrency 'miners'

Acting SA Revenue Service (Sars) commissioner Mark Kingon said the organisation was looking into ways of identifying cryptocurrency traders who might be dodging tax.
August 19, 2018

SAA will need a long runway to take off

Although the national airline has long had its wings clipped, Thabang Motsohi is confident that regimented management could restore it to its former glory.
August 19, 2018

There is no quick fix for what ails us

A woman is on her knees. Next to her is a man with his arms stretched out, hands on her head. Their eyes are closed and he is shouting at the top of his voice, as if God can’t hear him over the noise of the passing cars on the highway.
August 16, 2018

Gold Fields boss ‘won’t quit’ despite Mantashe’s criticism

Gold Field’s chief executive Nick Holland says he’s not considering resigning after Mining Minister Gwede Mantashe blamed management for the woes and lay-offs at the South Deep Mine.
August 16, 2018

Financial Planning Institute apologises for ‘error’ over COO’s qualification

The Financial Planning Institute has issued an internal memorandum attempting to clear what it terms a “communication error” when the chief operating officer Stephanie Pillay was employed last year.
August 15, 2018

Trade commission hikes sugar import duties to protect local industry

Import duties on sugar have been raised to $680 from $566 a tonne to protect the domestic industry against a surge in imports, the trade and industry minister said.
August 15, 2018

Rand slumps after Moody’s warning on fiscal consolidation

The rand slumped on Wednesday as ratings agency Moody’s warned that the pace of fiscal consolidation in Africa’s most industrialised nation had slowed and retail sales data disappointed, underlining the fragility of the economy.
August 14, 2018

Mantashe ‘worried’ as Gold Fields plans to retrench 1600 workers

Mineral Resources Minister Gwede Mantashe has slammed the decision by Gold Fields to retrench almost 1600 employees.
August 14, 2018

South African rand bounces back after Turkey-linked slump

The rand gained more than 1% early on Tuesday, bouncing back from a two-year low struck a day before, when investors dumped emerging market assets because of fears over the Turkish economy.
August 13, 2018

‘My will to live has been given a boost’: Avbob clients get R3.5bn centennial gift

In a year dominated by centenary celebrations for former president Nelson Mandela and struggle activist Albertina Sisulu, another South African icon quietly celebrated its own birthday by giving back – 3.5 billion gifts.
August 13, 2018

Does the so-called pink tax actually exist?

Self-appointed consumer sleuths and bloggers have conducted cursory shelf comparisons and uploaded them on social media to highlight the price discrepancies.
August 17, 2018

Driving women forward: uMashesha is all about matching a driver to a need

Christine Mesolo, the CEO and founder of uMashesha, spoke with Maya Fisher-French and shared her journey of starting her transport network company with bootstrap funding.
August 13, 2018

Still no cash for Aurora's abandoned workers

Seated on a mattress in his room at Grootvlei mine hostel in Springs, eastern Johannesburg, Mozambican-born Joao Mazuze has nowhere to go.
August 12, 2018

‘Cut VAT on bread, pads, nappies'

Expert panel calls for zero VAT on several items, but stops short of a massive chicken-tax break to benefit the poor.
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August 19 2018