Business

November 12, 2018

Cadbury chocolates sold to public after best-before date

Thousands of Cadbury chocolates have been sold to the public despite being past their best.
November 12, 2018

Eskom warns of power cuts due to low coal stockpiles

Cash-strapped power utility Eskom said on Monday the risk of nationwide electricity outages had increased significantly due to a sharp fall in coal stockpiles at five of its power stations.
November 11, 2018

Labour broker workers win battles, but losing war

Companies get around costly ‘deeming’ provision in labour law by retrenching staff in droves or by forcing them into lower positions.
November 11, 2018

Africa must look to Africa for financing

African states need work with African developmental finance institutions, as well as with those outside the continent, in filling the massive infrastructure gaps that exist.
November 11, 2018

100 000 coal jobs on the line

A shift from fossil fuels to renewable sources of power may irreparably harm those working in SA’s dirty energy sector.
November 11, 2018

Gold Fields, NUM job-loss talks deadlock

More than 1 500 mine workers at Gold Fields’ South Deep mine on the West Rand could spend the festive season with no work after talks between the majority union and the mine deadlocked.
November 11, 2018

Former VR Laser workers fight payment to Bank of Baroda

The winding down of the Gupta family’s company, VR Laser, was halted again this week when former employees petitioned the business rescue practitioners to stop a R29 million payment to Bank of Baroda.
November 11, 2018

Pay up, family tells Impala Platinum

A family in Rustenburg is seeking more than R300 million in compensation from mining giant Impala Platinum (Implats) for land currently housing one of the mine’s most profitable shafts.
November 12, 2018

The Short View: Anglo says people and the planet a priority

One of the threads running through this year is the desire for renewal. The need for us, not only as South Africans but, more importantly, as earthlings, to find ways to be better in the world, writes Gayle Edmunds
November 12, 2018

Sasol looks to west Africa

After a few difficult and tumultuous years the world’s oil production has started to pick up again.
November 11, 2018

SA gets new Swiss bank

South Africa’s overall economic prospects might not look great, but there are plenty of rich people around who might need a Swiss banker’s help in moving money abroad.
November 9, 2018

‘60% of arable land is in Africa and it has billions in investment potential’

African banks, insurance institutions and investors have been challenged to relax their stringent requirements for the funding of emerging agribusiness ventures on the continent.
November 8, 2018

Credit Suisse pulls out of SA in global shift

Credit Suisse has pulled out of South Africa after more than a decade as part of chief executive Tidjane Thiam’s bank-wide revamp, three sources with knowledge of the matter said.
November 6, 2018

Num eyes extended strike at South Deep as buildings burn

The National Union of Mineworkers has vowed to strike for more than two months at the loss-making South Deep gold mine to further its demands for no retrenchments at the operation.
November 6, 2018

We need to solve the jobless pandemic

Moeletsi Mbeki sounds a warning in his book Architects of Poverty, but few people listened to his message. Instead, many of those in leadership chose to castigate him.
November 7, 2018

There is a problem with Sars’ penalties

Sars will impose new administrative penalties for non-submission of corporate income tax returns from December 7, but much more serious penalties loom for corporates, as well as individuals and trusts.
November 7, 2018

Beneficiaries of multibillion-rand trust fight for it to be dissolved

Beneficiaries of a multibillion-rand employee trust are fighting in court for it to be dissolved owing to concerns about a lack of transparency and because it is allegedly not benefiting them.
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November 11 2018