Business News
30.12.2018 08:25 am
China’s top court to handle intellectual property appeals
China’s top court will rule on intellectual property cases for the first time from January 1, the government said, elevating the handling of an issue that has become a key complaint in the trade war with the US.
Washington and Beijing are currently in talks to resolve a bruising trade spat that has spooked markets worldwide. The two sides imposed tit-for-tat tariffs on more than $300 billion worth of goods this year, before agreeing to a 90-day truce on December 1.
China’s top court to handle intellectual property appeals
China’s top court will rule on intellectual property cases for the first time from January 1, the government said, elevating the handling of an issue that has become a key complaint in the trade war with the US.
Business
Cosatu investigating truck company whose owner allegedly called driver ‘a black dog’
The labour federation plans to report Junior Jack Transport to the Human Rights Commission.
Business News
French start-up offers ‘dark web’ compass, but not for everyone
For years criminal websites shrouded in secrecy have thrived beyond the reach of traditional search engines, but a group of French engineers has found a way to navigate this dark web — a tool they don’t want to fall into the wrong hands.
Business News
Face of Colombian coffee Carlos Sanchez dead at 83
Carlos Sanchez, the face of Colombian coffee for decades, and of Colombia’s answer to Starbucks, has died in Medellin. He was 83.
Business News
Belgium reviews smartphone use by troops to counter spying: media
Belgium’s defense ministry is reviewing restrictions on the use of smartphones by active-duty soldiers on operations to counter potential espionage and data tracking especially by Russia, local media reported on Saturday.
Business News
Prolonged US shutdown threatens to unsettle economy
The paralysis triggered by the US government shutdown could have unexpected consequences, such as muddying economic statistics just as the markets are extremely reactive to any whiff of uncertainty.
Business News
Trump touts ‘big progress’ after phone call with Xi on trade
US President Donald Trump on Saturday touted ‘big progress’ on trade following a phone call with his Chinese counterpart, after the tariff war between the world’s two biggest economies helped rattle markets.
Business News
UPDATE: Radebe confirms adjustment of fuel prices effective from Wednesday
Petrol is showing a reduction of around R1.00 a litre, with diesel down by R1.30 and illuminating paraffin dropping by R1.22.
Business News
Starbucks’ expansion runs out of steam in SA
Local licensee Taste Holdings has opened 12 Starbucks cafes across Johannesburg, Pretoria and Durban.
Business News
Russia expands economic sanctions on Ukraine
Russia on Tuesday expanded its economic sanctions on Ukraine, adding more than 250 people and businesses to a blacklist first announced at the start of November.
Business News
Nigeria resolves $8bn row with MTN
The sanction was the latest to hit MTN since it began operations in Nigeria 17 years ago.
Business News
Central bank is US economy’s ‘only problem’: Trump
President Donald Trump renewed his verbal assault against the Federal Reserve on Monday, comparing the central bank to a blundering golfer after the stock market tanked yet again.
Business News
Anglo American secures Step 3 licence approval for Minas-Rio
Updated production guidance for 2020 and 2021 will be provided in due course.
Analysis & Profiles
What to expect from the markets in 2019
Views from local and international experts.
Business
Nersa holding up electricity generation by farmers for farmers
Eskom can’t connect photovoltaic energy suppliers to the grid unless they’ve been registered by Nersa, but Nersa stopped doing registrations in February.
Business
Top 10% of foreign-owned businesses in SA pay the least tax- report
In addition, the biggest 10% of foreign-owned firms account for 98% of the total estimated tax loss.
Business News
Labour court orders CCMA to verify union membership at Sibanye
The union has been on strike at Sibanye’s Kloof, Beatrice and Driefontein mines for the past four weeks.
Business
Edcon board approves structure of proposed recapitalisation plan – CEO
Grant Pattison says the restructuring of the company has passed its next hurdle.
Business
Business chamber asks Nersa to stop all new IPPs
‘Renegotiate existing, unaffordable contracts’.
Business
Tax growth lower than GDP growth for first time since 2008 – Sars
Tax revenue collected amounted to R1.2 trillion, growing year-on-year by R72.4 billion (6.3%), mainly supported by personal income tax.
Business
Would you rather give your child the latest Xbox game or R45K?
Christmas gifts with a future.
Business
Nova teetering on the verge of insolvency
Despite qualified audit opinion, directors approve R1.1m in bonuses and pocket nearly R1 of every R4 of rental income.
Business
How Zimbabweans stock up on products in SA to beat inflation at home
The cost of taking these goods back rises over Christmas.
Business
SME confidence up, but not all plain sailing ahead – Business Partners
Fuel hikes was an example of a challenge that had caught many SMEs off-guard this year, impacting their business operations.
Business
Slight improvement in financial vulnerability of SA consumers, but pressure remains – report
The report shows that 50.5% of people surveyed believed that general prices will increase even more rapidly in 2019.
Business
Brian Dames steps down from Eskom task team after EFF outcry
The party had earlier also questioned the former Eskom CEO’s competence.
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