Business

January 23, 2019

Buthelezi to write Nafcoc tell-all book despite Hlongwane threat

A threatening legal letter from Reverend Khesane Hlongwane won’t stop Khaya Buthelezi from writing a tell-all book about the National African Federated Chamber of Commerce (Nafcoc).
January 23, 2019

R4.2 billion Transnet tender winner trashes forensic report

A joint venture that was awarded Transnet’s R4.2 billion Durban Container Terminal has thrown mud at an “unsolicited” forensic report that accuses it of fronting and other improprieties.
January 22, 2019

PIC suspends two staff members following probe into Ayo deal

The board of the Public Investment Corporation (PIC) on Tuesday announced that it has suspended one of its executives and a staff member following the completion of a preliminary probe report into the Ayo Technology Solution transaction.
January 22, 2019

Steinhoff owes us R4.6bn, says firm linked to former partner

South African retailer Steinhoff International said on Tuesday a former partner firm of its European operations claims it is owed about R4.6 billion by the company.
January 22, 2019

Davos 4.0: Is technology the final global equaliser?

Industry 4.0 is a new global way of making goods and providing services and will top the agenda at the World Economic Forum. Is Africa ready for this new technology?
January 21, 2019

Survey to break stalemate on whether to mine in Xolobeni

A survey is to be conducted in Xolobeni in order to break the stalemate between those who are in favour of mining and those who don’t want it.
January 21, 2019

First three witnesses deny claims of PIC impropriety

The first three witnesses that appeared on Monday before the Commission of Inquiry into the allegations of impropriety that have been levelled against the Public Investment Commission denied they were aware of any such malfeasance.
January 22, 2019

Eskom accused of gaming the asset system

Slamming the power utility’s current fixed asset base as overinflated, experts want Eskom to be unbundled and IPPs to be responsible for generation.
January 21, 2019

Foot-and-mouth outbreak hits red meat industry

The discovery of foot-and-mouth disease in Limpopo is a double whammy for red meat producers that were already feeling the effects of higher livestock feed costs due to dry conditions.
January 20, 2019

Eskom looks for R884 billion

Eskom wants to raise as much as R884 billion in the next three years through a huge hike in power prices.
January 20, 2019

Sibanye-Amcu tensions rise as secondary strike looms

The standoff between Sibanye Stillwater and Amcu appears nowhere near to being resolved.
January 24, 2019

Good ideas but the ANC’s problem is implementation

The plans are laudable, but their success lies in record-keeping and implementation, writes Thabi Leoka.
January 18, 2019

Impoverished Nkomazi gears up for R7bn special economic zone

Mpumalanga’s impoverished Nkomazi region is getting ready for a R7 billion investment after Trade and Industry Minister Rob Davies approved a licence for the establishment of the Nkomazi special economic zone.
January 15, 2019

Buckle up! 2019 is going to be tough for the SA consumer

This year is gearing up to be a relentless economic storm, already evidenced by our current stagnant growth and the rising prices of power and water.
January 14, 2019

Denel chair: ‘Blacks not interested in SOEs’

Denel looked at almost 100 corporate executives in its bid to fill the position of CEO, preferably with a black person, but was rejected and bluntly told that, as a state-owned enterprise, the company was not a preferred career destination.
January 13, 2019

Controversial mining company ‘uses employee pensions’ to stay open

Controversial mining company Central Rand Gold, which is based in Roodepoort on Johannesburg’s West Rand, is at loggerheads with its employees for allegedly failing to pay over pension deductions.
January 13, 2019

Inside Labour: We need to scrutinise the promises of self-styled leaders

This year promises turbulence nationally and globally as the political and economic environments remain volatile.
January 18, 2019

Friends & Friction: If you have a vision, give it life this year

Wake up, wake up, it’s the new year! It’s time to make those visions come to life … execute those mission statements and live by your values.
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January 20 2019