Business (South Africa)

First yacht office in the world makes business a breeze - Cape Business News

Instead of a stuffy meeting room, Boatsters boasts a unique office on a super-yacht, the Pershing 88.<p>Boatsters has grown expansively from initially …

South Africa

Sasol disbands debt ridden Inzalo BEE scheme

Johannesburg - Petrochemical giant Sasol announced on Wednesday that it will disband its Black Economic Empowerment (BEE) scheme Sasol Inzalo when it …

Finance

STEVEN FRIEDMAN: December looks unlikely to bring the gift of certainty

ELECTIVE CONFERENCE<p>STEVEN FRIEDMAN: December looks unlikely to bring the gift of certainty<p>BL PREMIUM<p>20 September 2017 - 06:00 Steven Friedman

South Africa

KMPG International chair apologises to SA

Cape Town - The Chair of KPMG International has apologised for the work the auditing firm did in South Africa.<p>“I sincerely apologise for what went …

South Africa

SACCI Will Host Premier Annual Convention And Gala Dinner In November 2017

The South African Chamber of Commerce and Industry (SACCI) hosts its premier Annual Convention and Gala Dinner in November, 2017.

South Africa

Why the Development Bank of Southern Africa is shifting its strategy

One of the major reasons for the infrastructure backlog in SA and on the continent was not the funds available but the number of bankable projects, …

South Africa

South Africa’s Implats in talks that could lead to 2,500 job cuts - Cape Business News

Implats, the world’s second biggest platinum producer, said last week job cuts were possible after it reported a 2017 year loss. The Rustenburg …

South Africa

South Africa: #DataMustFall - Picketers Call for Cellphone Companies to Ring in Changes

[News24Wire] Right2Know has led pickets outside the four major telecommunications companies in Gauteng on Tuesday, demanding affordable voice and …

South Africa

SchoemanLaw Shakes Up The Legal Industry To The Benefits Of SMEs

In the case of a start-up or SME, this often means the end of an idea or a dream.

South Africa

Gupta family has never been our client, McKinsey says

Earlier, the DA laid charges of fraud‚ racketeering and collusion against McKinsey for its alleged facilitation of deals between the Guptas and …

South Africa

JUST IN: Petrol price hike fuels inflation

Cape Town - Consumer inflation has gone up, but slightly below market expectations, following increases in the fuel price.<p>South Africa's Consumer …

Economy

Petra Diamonds shares wilt again amid labour unrest

Shares in Petra Diamonds fell for a second consecutive day after the FTSE 250 miner warned that some of its operations had been affected by strike action.<p>Just one day after reporting disappointing results for its financial year and updating the market on a legal wrangle in Tanzania, the company …

South Africa

World Bank cuts South Africa's 2017 growth forecast

JOHANNESBURG (Reuters) - The World Bank on Tuesday halved its 2017 growth forecast for South Africa after the economy fell into recession earlier this year.<p>It said in a report that 2017 growth would probably be 0.6 percent, down from an earlier estimate of 1.1 percent. Growth is seen ticking up to …

South Africa

No justification for any increase in Port tariffs - Cape Business News

The Chamber was commenting on proposals to increase port tariffs by 8.45% this year and 24.8 percent next year.<p>Ms Janine Myburgh, President of the …

South Africa

Water scarcity could be bigger problem than energy crunch - analyst

Cape Town - South Africa’s widespread water crisis is not only being caused by a severe drought but by “political apathy”, according to an economist …

News (South Africa)

Toys R Us go bankrupt: The i-Generation claims its most high-profile victim

Image Credits: Facebook<p>Ouch. Right in the childhood. Imagine telling the 10-year-old you that Toys R Us might go bust. It would be the apocalypse and …

Toys "R" Us

Gross value of foreign assets disclosed is R35bn, Malusi Gigaba says

Under a special voluntary disclosure programme, 2,002 applications by taxpayers have been received<p>19 September 2017 - 16:57 Linda Ensor<p>Finance …

South Africa

Australian metals firm Orion lists on the JSE

Australian base metals firm Orion Minerals, with an active development programme in SA listed in the gold mining sector on the main board of the JSE.

South Africa

CHARTS: Why SARB may cut rates again

Johannesburg - If the South African Reserve Bank (SARB) cuts interest rates again this week, just don’t accuse it of doing so for the sake of …

Economy

CCMA blamed for ‘hostile work environment’

STAFF REVOLT<p>CCMA blamed for ‘hostile work environment’<p>Employee revolt at the labour dispute resolution agency’s headquarters follows allegations of …

South Africa

Western Cape farmers expect further yield falls as drought bites - Cape Business News

Drought-hit deciduous fruit farmers in the Western Cape, which produces more than 50% of SA’s agricultural exports, are expecting a further decrease …

South Africa

Development Bank of SA wants to expand product offering

JOHANNESBURG - The Development Bank of Southern Africa (DBSA) wants to expand and diversify its product offering in order to provide non-traditional …

South Africa

#GuptaLeaks will open Pandora's box - Manuel

Johannesburg – South Africa’s complex set of problems is unravelling, exposing the bad in the country, including “shenanigans” at the South African …

South Africa

Qatar raises support for banks as standoff with Saudi-led alliance drags on

The Saudi-led boycott is weighing on the Qatari economy, with economists expecting GDP to grow at the slowest pace since 1995<p>19 September 2017 - 19:23<p>…

South Africa

Goldplat miner seeks to tame Africa risk

LONDON (Reuters) - Upheaval in Tanzania, where the government has made huge tax demands and seized minerals, has triggered changes in neighboring Kenya, which should reassure the industry, said the CEO of Goldplat (GLDP.L), which operates a gold mine there.<p>Chief Executive Gerard Kisbey-Green said …

Business

South Africa – Court setback to Dlamini-Zuma’s presidential hopes, but it’s not over yet - Cape Business News

There is no doubt that the current leadership of the ANC in KwaZulu-Natal – staunch backers of the presidential campaign of Ms Dlamini-Zuma – will …

South Africa

Fin24.com | FedEx cuts profit outlook on $300m blow from cyberattack

FedEx has cut its annual profit forecast, citing the $300m cost of a June cyberattack on its TNT Express unit.

South Africa

Qalinge sets up Orlando Pirates win

They had chances to sneak in and nab a win last night.<p>In the 32nd, perhaps City should have taken the lead.<p>After a clever build-up down the right, …

South Africa

World Bank cuts SA's 2017 growth forecast

JOHANNESBURG - The World Bank on Tuesday halved its 2017 growth forecast for South Africa after the economy fell into recession earlier this year. <br>It …

Economy

Uber said to review Asia dealings amid US criminal probe

The headquarters of Uber in San Francisco. (Eric Risberg, AP)<p>San Francisco - Uber, facing a federal probe into whether it broke laws against overseas …

Corruption