Business

July 29, 2019

Treasury: State employees must take a 10% salary cut

South Africa’s finances are in serious trouble, and the best way to plug the gaping hole in the fiscus may be for all state employees to take a 10% cut in salaries and wages.
December 1, 2019

SA’s rich flock to gated estates

South Africa’s richest people are forking out huge amounts of money to live in gated security estates, with some paying as much as R75 million for a luxurious home in one of the country’s top 10 estates.
July 7, 2019

Former Bosasa auditor to shut down

A former auditor of Bosasa will shut down at the end of this month.
December 1, 2019

Zimbabwe is on the brink of total collapse

Global report warns of ongoing economic and food insecurity as the country lurches from crisis to crisis, write Memory Mataranyika and Tawanda Karombo.
April 3, 2019

Government Employees’ Pension Fund: Alarm bells can no longer be ignored

As the GEPF bleeds money, the next target may be the pensions of ordinary citizens, writes Ivan Fredericks.
November 7, 2019

Leading with humility - FNB's youngest chief executive

The biggest lesson we have to teach people is to spend less than they earn while also rewarding themselves by saving – Potwana.
May 12, 2019

Nedbank pockets R780m from Transnet

The parastatal’s acting chief executive will present evidence at the Zondo commission implicating the bank in profiteering.
June 17, 2019

Banks face new work rules

South Africa’s 70 or so banks, with total assets of more than R5 trillion, face a new conduct standard that, for the first time, intends to iron out weaknesses identified in the sector over the past decade.
March 25, 2019

Bad investments leave pension fund with shortfall of R583bn

It has now reached a point when the income on investments is not sufficient to provide for pensions being paid, as well as for the total costs of the fund.
November 7, 2019

The most important thing SA has right now is an honest leader - Richard Branson

Richard Branson says that the most important thing South Africa has right now is an honest leader.
April 21, 2019

How Amcu’s Joseph Mathunjwa ‘won’ a lost war

Despite settling on similar terms to rival unions, the Amcu leader insists the protracted stand-off was more about combating legacy than counting costs.
October 31, 2019

Sars goes after scrap metal, fuel, cigarette fraudsters who cost it billions

Sars is investigating criminal syndicates operating in the scrap metal, fuel and gold industries and responsible for value-added tax and customs fraud estimated at “tens of billions of rand” a year.
June 21, 2019

Former KPMG SA CEO becomes its global head of HR

Former KPMG South Africa chief executive Nhlamu Dlomu has been appointed as the company’s new “Global Head of People”.
April 21, 2019

Maboneng sold for a song

Key properties in the Johannesburg CBD’s flagship gentrification project, Maboneng, have been auctioned at a fraction of their supposed value.
May 28, 2019

Transnet to bleed another R150m. This time for work not done

A decision by Transnet to suspend work on a R4.2 billion project at Durban Container Terminal is set to cost the state-owned logistics company R150 million.
September 8, 2019

SA households have no money for food

Families forced to spend less on groceries due to high cost of electricity and transport.
April 29, 2019

Gupta front quashes state-owned mining company’s bid to revive Optimum

The fate of the Optimum Coal Mine is, again, caught up in a bizarre tale of intrigue after Eskom and an alleged Gupta front company combined forces to scupper a funding plan for the mine.
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May 31 2020