Business News
19.10.2018 02:22 pm
SA has highest youth unemployment in the world
According to a book published by the Economist, the number of South African young people without jobs is shockingly high.
According to The Economist's Pocket World in Figures, South Africa has the highest rate of unemployment for young people in the world.
SA has highest youth unemployment in the world
According to a book published by the Economist, the number of South African young people without jobs is shockingly high.
Business
SA automotive sector remains successful despite difficult economic climate
Industry executive says the vision for the South African Automotive Master Plan 2035 is to increase local content by 60% and grow employment by 100%.
Business
Has Sars disallowed your medical expense claim?
The taxman generally allowed a medical tax credit for ‘claims not recovered from the scheme’ when individuals submitted their tax returns.
Business
Government ready to woo potential investors for SA Investment Conference
The state wants to unlock investment from JSE-listed and Fortune 500 companies to grow the local economy and create jobs.
Business
Zim Bollar: A guide to Zimbabwe’s black market
In only two months an anonymous Twitter account about the country’s real money situation has grown to more than 21,000 followers.
Business
Sasol benefits from higher oil prices, weaker rand
Sasol said it had seen higher productivity across most of our operations with an increased focus on safety, margins and cost control.
Business
Net1 accused of overstating financial losses in Sassa fee negotiation
The company’s plea for an increase to its social grant payments fee might be undermined by its profits.
Business
PIC inquiry not just about Dan Matjila
Inquiry’s terms of reference in probing governance, corruption and mismanagement at the continent’s largest money manager are far-reaching.
Business
Sars presents its annual report to Parliament
The taxman is ‘going in the right direction’, while ‘facing choppy seas’, says acting commissioner Mark Kingon.
Business
Mr Price group CEO to retire, company says
Stuart Bird has taken the brand to a market capitalisation of more than R60 billion.
Business
Changing competitiveness poses challenges for future of global economy
Many of the factors that will have the greatest impact in driving competitiveness have never been the focus of major policy decisions in the past.
Business
South Africans not starting to save for retirement early enough – survey
Just 7% of respondents said they had a proper retirement plan and were executing it.
Business
Ex-KPMG executive pleads guilty to fraud in US
The official was charged after the company improperly learned which audits government regulators planned to review.
Business
Gigaba’s rules have really hurt my business
Families lose money, dream holidays turn into nightmares, tourists are going elsewhere.
Business
Sibanye inches closer to completing R5bln acquisition of Lonmin Plc
Last December, Sibanye offered R5.17 billion for Lonmin in a deal that would create the world’s second-largest platinum producer.
Business
SA R1 trillion poorer due to the ‘Zuma years’, report finds
SA went through a period of economic stagnation between 2010 and 2017 that an economist has called ‘lost years’.
Business
Creditors call the shots at Steinhoff
As management asks for an extension on the lock-up agreement.
Business
Visa travails still ‘crippling SA tourism’, travel agencies
The minister of home affairs’ failure to scrap the controversial visa requirements for children is ‘ruining SA’s reputation as a tourist destination’.
Business News
SA could face another VAT increase, say experts
Shortfalls in tax revenue could lead to another VAT increase as SA battles through a technical recession.
Business
Pretoria High Court says banks are abusing the justice system
Banks are clogging the system by bringing cases to the high court that properly belong in the lower courts.
Business
Discovery Life divulges personal details of around 1,000 clients
Life insurer in possible breach of FAIS code of conduct, says legal expert.
Business
The two big questions ahead of Mboweni’s first medium-term budget
The new finance minister has to balance the books.
Business
South Africa ranks worse than Russia in economic freedom
South Africa, revered as one of the world’s freest countries in 2000, has taken a monumental tumble in the latest global ranking.
Business
Mboweni resigns from Discovery
The finance minister was appointed to the board of the company in 2014.
Business
Grand Parade chairman declares war against shareholders
Hassen Adams claims that there is a group of shareholders attempting a hostile takeover.
Business
SA’s Infrastructure Fund needs to generate revenue for it to be sustainable
IRDC director says the fund needs to look at infrastructure assets as revenue-generating assets.
today in print
