Minister’s review of earnings threshold stuns lawyers

The labour minister's decision to review the earnings threshold -- which decides who enjoys certain employment benefits -- has surprised lawyers.

SA business tourism gets R1.6bn injection

South Africa has secured over 200 international conferences, which Tourism Minister Marthinus van Schalkwyk says will provide a boost of R1.6-billion.

Mathews Phosa calls for continuity on nationalisation

ANC treasurer-general Mathews Phosa says certainty on the issue of nationalisation is needed and this can only happen by having a unified voice.

New Companies Act could yield more lawsuits

More litigation around the fair value of offers could be seen due to the takeover regulations of the new Companies Act, say attorneys.

Bank cyber fraud more lucrative than drugs trade

New forms of fraud are emerging that are making bank cyber fraud even more lucrative than the drug trade, says an auditing expert.

SA net retirement savings highest since 2002

The latest survey done on retirement shows a positive trend in South Africa of retirement savings having reached their highest levels in a decade.

MTN primed for ‘opportunistic’ deal-making

MTN is positioned to take advantage of opportunistic deal-making activity due to the high levels of cash on its books, the company has said.

Foreign investment in Africa on rise

New projects in Africa are expected to enjoy strong growth from next year, with inflows of foreign direct investment forecast to reach US$150-billion.

IMF: Subprime spillover could test emerging markets

While emerging markets have been resilient so far to global market subprime turmoil, global spillovers could test their resilience, said the International Monetary Fund's (IMF) director of monetary and capital markets, Jaime Caruana, on Tuesday at the launch of the IMF's latest <i>Global Financial Stability Report</i>.

Concern at political impact on economy

Director and chief economist of Econometrix Dr Azar Jammine said on Monday that he was becoming a little nervous about the implications of the political environment -- particularly views that economic policy will not be changed -- on the ability of South Africa to keep attracting capital flows.

Average house cost R911 800 in April

Nominal house-price growth of 15,5% year-on-year was recorded in April from a revised 15,7% in March, according to the latest Absa house-price index. This brings the average price of a house in the survey to R911 800 in April. On a month-on-month basis, nominal price growth declined further to 0,9% in April.

SA’s annual savings rate at historic low

The deterioration of South Africa's national savings ratio to 13,75% of gross domestic product in the fourth quarter of 2006 has brought the annual savings ratio to an historic low of 14% in 2006, South African Reserve Bank (SARB) data showed on Thursday.

Press Releases

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders

Dimension Data launches Saturday School in PE

The Gauteng Saturday School has produced a number of success stories