Global bonds have once again deteriorated.
The tax agency should be cracking down on financial crimes more robustly.
‘There are no easy or quick solutions to low growth and unemployment,’ the president said.
The industry had begun work with government to open up new export markets for local poultry.
‘Success in life comes down to a mindset change – your biggest asset, which you have to take control of,’ says one of SA’s youngest multimillionaires.
Moyo’s lawyer describes Old Mutual’s move as ‘corporate madness’ and ‘goes beyond anything we have seen in our lives’.

New cruise terminal to boost tourism, jobs in SA

Geneva-based MSC is in a joint venture to develop a R200m port project in Durban.

CPI eased to 4% in July from 4.5% in June

Stats SA says a fall in fuel prices and increases in municipal tariffs were the key price drivers during the month of July.

The good, the bad and the ugly: Share performances on the JSE over the past year

The worst of the bunch was not Steinhoff, but Tongaat Hulett, whose share price declined by 84% during the 12 months, from around R83 to only R13.

Taxi industry turns to gas as high petrol prices bite

Gauteng alone already has 10 gas filling stations as taxi operators flock to the cheaper, cleaner and more reliable alternative to petrol.

New Aarto system threatens insurance industry

The suspension of a motorist’s license is likely to increase their insurance premiums or excess

Jooste rejects Steinhoff’s ‘vague and embarrassing’ bid to recoup R850m

The former CEO fought back against the retailer’s attempts to get him to give back salaries and bonuses paid to him since 2009.

‘Debt relief’ Bill poses more risks than gains – expert

It could make getting loans harder for those who qualify, and also risks the ire of international credit ratings agencies as uncertainty would increase.

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Sasol silently upping greenhouse gas emissions without being noticed

The company has never met its own emissions targets, and shareholders don’t seem to have realised, with some even applauding Sasol’s environmental policies.

NUM rejects wage cuts as plan to save Kimberley Ekapa Mine

Mine management confirmed all reductions would be reimbursed if the new business model was successful.

SA, Tanzania pledge to increase trade and investment

A total of 208 South African businesses are operating in Tanzania, employing about 21,000 people.

Steinhoff corporate fraud beyond what anyone envisaged, inquiry hears

What happened at the company is now ‘widely understood to be the biggest corporate fraud in South African history’.

Robben Island price-fixing case against ferry operators dismissed

The Commission reached settlements with three of the ferry boat operators in June 2018.

Special Economic Zone regime proposals ‘make no sense’

If approved, only newly established businesses will qualify for tax benefits.




 

 

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