Business

September 25, 2018

Joblessness: It's just going to get worse

In the first decade and a half after the fall of apartheid economic growth accelerated. By the mid-2000s it exceeded 5% a year.
September 23, 2018

Ramaphosa deploys R400bn economic cannon

President’s stimulus package, defined as a ‘blended type of fund’, has been lauded for its focus on agriculture but criticised for being thin on detail.
September 23, 2018

How to get South Africa out of recession

Since 2011, South Africans have experienced weak economic growth, high unemployment, low commodity prices, declining investment levels, greater household dependency on credit and policy uncertainty.
September 23, 2018

MultiChoice BEE scheme gains R3.8bn

The value of MultiChoice SA’s empowerment scheme Phuthuma Nathi, which has a 20% stake in the company, gained as much as R3.8 billion this week on the news that Naspers would unbundle video interestsinto a new group called the MultiChoice Group.
September 23, 2018

Last gasp for Gupta's VR Laser

A last-ditch attempt to stop the winding down of the Gupta family’s VR Laser was squashed in court this week, clearing the path for its business rescue practitioners to auction off the company’s machinery.
September 23, 2018

Zimbabwe's economy is worsening

Mnangagwa’s new Cabinet is already knee-deep ineconomic woes, with a sombre forecast owing to forex issuesand the black market.
September 22, 2018

JSE tweaks its rules in wake of Steinhoff scandal

The JSE announced proposed changes to its listing requirements in response to Steinhoff and other scandals that take a “fundamental relook at the philosophical underpinnings” of the exchange’s rules
September 22, 2018

Orphan funds campaigners lose in Constitutional Court

The former deputy registrar of pension funds Rosemary Hunter this week lost her epic years-long battle against the controversial mass cancellation of “orphan” pension and provident funds.
September 23, 2018

Activists, Sasol head for supplier showdown

A battle between petrochemical giant Sasol and an economic transformation lobby group is looming after the latter’s attempt to strong-arm the company into releasing its list of suppliers and contracts was turned down.
September 24, 2018

Cosatu hits a cash crunch

Auditors issue ‘adverse finding’ as affiliate unions face dire financial state of affairs.
September 23, 2018

We are a nation of outlaws

September 19 passed without fanfare, but it was an important date because 55 years ago on that day Sir David Low passed away at the age of 72.
September 24, 2018

Samro's rocky place

SA’s only performing rights society for songwriters faces a serious liquidity crisis as its ‘dodgy Dubai deal’ shocks members.
September 21, 2018

‘Lack of funding from China and SA halted BaicSA work’

The work stoppage at the R11-billion Beijing Automobile International Corporation South Africa plant at Coega was due to insufficient funding paid over by the Chinese and South African governments to pay contractors at the site.
September 21, 2018

The art of doing good, for business’ (and everyone’s) sake

Doing good is good business. Always.
September 21, 2018

Ramaphosa reallocates R50bn of budget to revive economy

President Cyril Ramaphosa announced a raft of policy reform plans on Friday, including re-prioritising R50 billion of public spending to boost economic growth and create jobs.
September 20, 2018

Unchanged repo rate: Consumer relief; mixed reactions from economists

Consumers will breathe a sigh of relief after the South African Reserve Bank’s Monetary Policy Committee decided to keep the repo rate unchanged at 6.5%.
September 21, 2018

If you’re not online, it’s like you don’t exist. ‘Disruptive tech’ drives business

The hotel and travel industry should look to provide unique experiential offerings to customers in their attempt to respond to technological disruptions threatening the sector.
September 20, 2018

Doing business within South African cities has become easier

The ease at which business can be conducted within South African cities has vastly improved. But the pace at which this transformation has been occurring seems to have slowed down over the last three years.
September 20, 2018

Where do SA’s taxes come from? A look at the growing individual burden

The South African 2018/2019 budget speech was one of the most keenly anticipated budget speeches in recent years.
September 19, 2018

From Limpopo's misty hills to a global brew

Zwakala Brewery is making inroads in the local craft beer market but wants to go.
September 17, 2018

‘Failure to perform’: Mining Forum wants mineral resources DG out

The Mining Forum of South Africa has called for the mineral resource director-general Thabo Mokoena to step down.
September 17, 2018

Vast and swift: The knock-on effect of vulnerable economies

Emerging market investors are trying to gauge whether a currency crisis and the steep interest rate hikes being used to fight it could turn into a broader slowdown and even recession.
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September 23 2018