A database shows that only 36.2% of municipalities with CFOs across the country are meeting minimum competency.
He says Washington has departed from the principles of free trade and equality among people of the world it previously championed.
Tongaat Hulett and retailer Choppies are just two examples of embattled companies suffering from significant revenue losses and company infighting.
It is said the average retirement fund member will, therefore, have to invest more to reach their goal of a comfortable retirement.
The sugar and property giant announced recently that it was facing ‘significant business challenges’.
Sihlobo said a case in point was wine grapes, with a harvest down by 2% from 2018, which was already down by 14% from a longterm average harvest.

Business News How Vuyani Jarana lost a R100K bet that he wouldn’t last at SAA

The Free Market Foundation’s Leon Louw said the writing was on the wall before the outgoing CEO even started in the job.

Business News As economy slides rapidly under Ramaphosa, economists call for real leadership

Under the new president, the country has seen three quarters of decline out of five.

Business News Magashule says SA won’t sleep for the next five years with new ‘three-shift’ economy

Job creation is one of the seven areas that the party planned to implement during the term of the new sixth administration under President Cyril Ramaphosa.

Business News Fuel price to increase at midnight

The inland petrol price will be R16.48, while coastal price will be R16.03.

Business News Ignatius Sehoole officially takes over as KPMG CEO

KPMG SA chairman Professor Wiseman Nkuhlu welcomed Sehoole to the firm, saying he was a strong leader with extensive experience.

Business News Expert cautions taxpayers to not ignore filing normal tax returns

‘The main reason for Sars lifting the threshold is that it lessens their administrative burden,’ he says.

Government Treasury welcomes IMF policy recommendations

This comes after the organisation’s bi-annual visit to discuss economic developments in the country. 

Business News SA economy declines by 3.2% in first quarter of 2019 – Stats SA

The decline is mainly driven by shrinkages in the manufacturing and mining sectors.

Business News Hulisani dividend jumps, cash flow more than projected

Group revenue for the year also rose to R50.4 million from R37.4 million.

Business News Exchange-traded funds, notes could amplify the next market crash

Some argue that in a market crash, a mass selling of ETFs when investors panic and ‘rush for the exits’ would cause a liquidity crisis.

Business News China’s US tariff hike to target condoms, wine, pianos

Chinese mines accounted for 71% of the world’s rare earths production in 2018.

Business News Standard Bank shareholders defy board in vote for greener disclosure

This is the first time that a South African bank, or any listed company, has faced a shareholder resolution on climate change as protesters demand policy disclosure on lending to coal projects.

Business News BMF congratulates newly appointed Cabinet

Scaling down the size of his Cabinet shows Ramaphosa’s commitment to running a more frugal government. 

Business News SA Chamber of Commerce and Industry happy with new Cabinet

During the announcement of the new Cabinet on Wednesday night Ramaphosa said ministers would have to sign performance agreements and they will be assessed.



today in print