Business
24.9.2017 09:37 am
Maine got R500K donation for ‘promise’ he didn’t deliver on – report
The ANC Youth League president has been accused of preying on a desperate coal company.
According to a report in the Sunday Times, ANC Youth League president Collen Maine solicited a donation of half a million rand for the league from a troubled coal company, but apparently did not keep to his side of the bargain.
Maine got R500K donation for ‘promise’ he didn’t deliver on – report
The ANC Youth League president has been accused of preying on a desperate coal company.
Business
UK restaurant jobs unfilled as EU workers leave
As EU nationals leave Britain in ever greater numbers ahead of Brexit, restaurants like pizzeria chain Franco Manca are reporting shortages that could spell trouble for a sector that relies on immigrant labour.
Business News
Nigerian lawyer sues FirstRand for R1.3bn
The attorney said his legal action relates to unpaid bills for work he did for companies linked to FirstRand.
Business
Govt must review all KPMG work to uncover ‘compromised’ audits, says Gigaba
KPMG has undermined SA’s reputation for good governance and audit independence, says Finance Minister.
Business
Gordhan meets KPMG
Former finance minister calls on KPMG to be ‘frank with South Africans’.
Business News
Pick n Pay’s checkout: Cash or credit?
Shoppers will be offered the option of paying for groceries on credit at Pick n Pay stores.
Business News
Outa moves to secure Gupta mines’ rehabilitation funds
Outa’s chief operating officer says the organisation wants to stop the mines’ funds from disappearing.
Business News
Repo rate unchanged at 6.75 percent per annum
The announcement came as a relief for consumers after the Sarb left the repo rate unchanged at seven percent per annum in May.
Business
Gupta companies lose court bid to stop Bank of Baroda from closing accounts
The companies sought an interim relief to stop the bank from closing their business and loan accounts at the end of September.
Business News
Sasol Inzalo: What went wrong?
The BEE share scheme is going underwater, with its troubles stemming from the volatile oil price.
Business News
Enterprise development spending could be tax deductible
How using Section 12J vehicles could benefit local businesses.
Business News
Five changes to Discovery Vitality in 2018
The good news: points – earned and tiers – stay the same.
Business
LISTEN: Sasfin CEO on why the company called it quits with KPMG
The chairperson of KPMG International has since issued an apology.
Business
JSE-listed companies are divided on KPMG relationship
Some have fired, some are reviewing, and at least one is keeping the firm as auditors.
Business News
Asisa board appoints new chair and deputy chair
The position of chair was left vacant at the end of May this year following the resignation of Thabo Dloti as a result of his departure from Liberty.
Business
Sasfin cuts ties with KPMG after 18 years of service
The financial-services company says its decision was made as part of its commitment to good governance.
Business
SA leads AU trade ministers in discussions on WTO issues
The meeting took place at the African Union Headquarters in Addis Ababa, on Monday.
Business
SA’s booming debt delinquency
A decade after the National Credit Act came into being, 16 000 consumers a month are seeking debt review.
Business
SA corporates not on an investment strike
Policy uncertainty, risk-return considerations behind cash caution, Intellidex finds.
Business
Implats says 2 500 jobs at risk, potentially more
Due to severe financial pressures at Impala Rustenburg.
Business
Equifax executives step down after major hack
Equifax has replaced two senior executives entrusted with watching over its computers, after the credit reporting agency revealed it suffered a major hack that led to one of the worst-ever breaches of personal data.
Business
Sars to take legal action against KPMG for reputational damage
Commissioner Tom Moyane says Sars will immediately stop all work KPMG is doing for the tax authority.
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