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Business News Articles
SA SA's bank transactions a good sign for growth - maybeDate: 13/06/2019

Economic transactions increased again in May across all measurement periods, according to the BankservAfrica Economic...

Fat pensions were the reason why 9 ANC MPs resigned Fat pensions were the reason why 9 ANC MPs resignedDate: 12/06/2019

Ministers pocket more than R2.4 million per year, while ordinary members of parliament earn less than a chief magistrate...

SA risks losing drivers and exports if truck torchings continue SA risks losing drivers and exports if truck torchings continueDate: 12/06/2019

There will be dire consequences for economic growth and investment should there not be any intervention from the authorities...

eSwatini calls for solar power bids to ease reliance on Eskom eSwatini calls for solar power bids to ease reliance on EskomDate: 11/06/2019

The kingdom of eSwatini has called for bids to build 40MW of solar power capacity to reduce reliance on SA’s troubled state...

Thousands to lose jobs as Standard Bank shuts down Pretoria branches Thousands to lose jobs as Standard Bank shuts down Pretoria branchesDate: 11/06/2019

More than 100 branches are set to be affected, but employees will be receiving severance packages that exceed labour relations...

SAA appoints Zuks Ramasia as interim CEO SAA appoints Zuks Ramasia as interim CEODate: 10/06/2019

The SAA board on Friday announced the previous general manager as the interim CEO while they look for a replacement...

SA SA's public enterprises: Millions wasted and almost no permanent CEOsDate: 10/06/2019

President Cyril Ramaphosa recently met with chief executives of 20 state-owned companies to discuss the challenges plaguing...

Weak SA economy will impact retirement funds – Momentum Corporate Weak SA economy will impact retirement funds – Momentum CorporateDate: 06/06/2019

It is said the average retirement fund member will, therefore, have to invest more to reach their goal of a comfortable...

Agriculture numbers shock Agriculture numbers shockDate: 05/06/2019

Sihlobo said a case in point was wine grapes, with a harvest down by 2% from 2018, which was already down by 14% from...

Shocking GDP figure undermines Ramaphosa’s economic reforms Shocking GDP figure undermines Ramaphosa’s economic reformsDate: 05/06/2019

A PwC report gauging the state of the South African economy found that momentum is in the red, ‘like a fuel tank running...

Goodbye, SAADate: 04/06/2019

News that Vuyani Jarana has resigned as CEO of SAA is an indication of the difficulties facing the national airline...

SA’s mountain of debt looms SA’s mountain of debt loomsDate: 04/06/2019

After the euphoria of the swearing in of the new cabinet – a reality check on the dire situation of South Africa’s fiscal woes...

Naspers unveils process for Amsterdam listing Naspers unveils process for Amsterdam listingDate: 03/06/2019

Stockholders should make time to read the few paragraphs about tax issues disclosed in the formal circular to shareholders...

Union concerned about sugar farm workers’ plight over looming retrenchments Union concerned about sugar farm workers’ plight over looming retrenchmentsDate: 03/06/2019

Workers at sweetened beverages company Coca-Cola are also faced with retrenchments...

Attend a Business Day Dialogue on mastering your business future Attend a Business Day Dialogue on mastering your business futureDate: 29/05/2019

Taking place in Gauteng on June 12, 2019, is the next event in the popular Business Day Dialogues series, titled "C-Level...

Huge blow for SA motorists: Impact of the next fuel price increase will be Huge blow for SA motorists: Impact of the next fuel price increase will be 'wide-reaching'Date: 29/05/2019

The impact of the expected fuel price increase in May will be wide-reaching, according to George Mienie, CEO of AutoTrader...

SA Express to charge former execs with fraud and corruption SA Express to charge former execs with fraud and corruptionDate: 28/05/2019

South African Express (SAX) said on Thursday it was preparing to lay fraud and corruption charges against some of its former...

IMF Warns US-China Trade War Will Jeopardize 2019 Global Growth IMF Warns US-China Trade War Will Jeopardize 2019 Global GrowthDate: 28/05/2019

The International Monetary Fund (IMF) warned on Thursday that the escalating US-China trade war will “jeopardize” 2019 global...

Ramaphosa caught between a Gordhan rock and a Mabuza hard place Ramaphosa caught between a Gordhan rock and a Mabuza hard placeDate: 27/05/2019

If Ramaphosa reappoints his trusted public enterprise's minister, he will be seen to be acting like Zuma in defying the public...

No Man’s Land: Informal Land Rights Holders and Traditional Authorities No Man’s Land: Informal Land Rights Holders and Traditional AuthoritiesDate: 27/05/2019

In March 2018, Nomakhwezi Mthizana-Base was informed by the head woman in her local area of Bhongweni, Phase 1, Mthatha that...

Black Business Council urges Ramaphosa to spearhead economic recovery, renewal Black Business Council urges Ramaphosa to spearhead economic recovery, renewalDate: 24/05/2019

Sandile Zungu, BBC president, said that they were confident that Ramaphosa will also focus on ensuring that the era is free...

Samwu goes after corrupt officials for plundering R88m from workers Samwu goes after corrupt officials for plundering R88m from workers' coffersDate: 23/05/2019

The embattled South African Municipal Workers’ Union (Samwu) said on Wednesday that it has mandated its national office bearers...

Comair CEO Erik Venter resigns Comair CEO Erik Venter resignsDate: 22/05/2019

JSE-listed Comair Limited announced late on Tuesday that Erik Venter has resigned as chief executive of the company to pursue...

Guptas’ struggling mines lure buyers Guptas’ struggling mines lure buyersDate: 22/05/2019

Business entities and wealthy individuals have shown interest in purchasing the Mpumalanga and KwaZulu-Natal-based Gupta-owned...

Deontay Wilder retains heavyweight title with brutal first-round KO Deontay Wilder retains heavyweight title with brutal first-round KODate: 21/05/2019

Undefeated Deontay Wilder brutally knocked out Dominic Breazeale in the first round of their grudge match on Saturday night...

OPINION: If Ramaphosa chooses SA over ANC, it may be good for both OPINION: If Ramaphosa chooses SA over ANC, it may be good for bothDate: 21/05/2019

Having helped carry the ANC across the finish line in elections earlier this month, despite South Africans’ impatience with...

ANC announces presiding officers for parliament ANC announces presiding officers for parliamentDate: 21/05/2019

Thandi Modise is the next National Assembly speaker, while Nomvula Mokonyane and Amos Masondo have been awarded key...

Big business goes green as Radebe admits Eskom can’t meet capacity requirements Big business goes green as Radebe admits Eskom can’t meet capacity requirementsDate: 20/05/2019

Companies are realising they can’t rely on Eskom and are considering alternative power sources to ensure business continuity...

Eskom to haunt new Parly, as DA calls for debate on its Eskom to haunt new Parly, as DA calls for debate on its 'financial crisis'Date: 20/05/2019

It seems the ghost of the fifth Parliament will return to haunt the new Parliament, as the DA intends to write to the new speaker

SA’s nuclear reactor shut down – again SA’s nuclear reactor shut down – againDate: 16/05/2019

The Pretoria nuclear medicine production unit NTP Radioisotopes, part of the state-owned Nuclear Energy Company of SA (Necsa)...



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