Business

Lessons from Mauritius on making companies more accountable
Lessons from Mauritius on making companies more accountable
Since the turn of the century, developing countries have been adopting corporate governance codes with the promise that they will enhance accountability and growth, while delivering equitable, ethical, and sustainable business practices....
State-owned enterprises shouldn’t be used as pawns in South African politics
State-owned enterprises shouldn’t be used as pawns in South African politics
State-owned enterprises are vital to many economies, but are particularly vital to those seeking economic development.
PIC expresses "confidence" in CEO Matjila
PIC expresses "confidence" in CEO Matjila
Dan Matjila, chief executive at the Public Investment Corporation, has kept his job, the state owned asset manager announced on Friday evening.
Heads roll at KPMG: Trevor Hoole and eight others out
Heads roll at KPMG: Trevor Hoole and eight others out
Heads are rolling at KPMG South Africa upon the completion of an internal investigation into the firm’s business dealings with the Guptas....
Academics list Eskom failures to help inquiry
Academics list Eskom failures to help inquiry
A group of academics released a “reference booklet” this week to assist members of Parliament’s public enterprises committee in their...
Boardless Prasa inks R57bn deal
Boardless Prasa inks R57bn deal
The Passenger Rail Agency of South Africa (Prasa) last week entered into a whopping R57‑billion deal with a Chinese bank and did so without...
World renewables blow nukes up
World renewables blow nukes up
Globally, new renewable energy is coming on stream at lower prices than the operating and maintenance costs of some nuclear power stations.
SA green energy hit by doubt
SA green energy hit by doubt
South Africa’s renewable energy programme is a victim of its own success.
Finance ministry denies plans are in place to fire PIC CEO Matjila
Finance ministry denies plans are in place to fire PIC CEO Matjila
The finance ministry has denied rumours that there are plans afoot to oust Dan Matjila, the chief executive of the Public Investment Corporation...
70% of SA execs unhappy with business conditions
70% of SA execs unhappy with business conditions
Business confidence has made a marginal recovery, having dropped 11 points in the second quarter from 40 to 29, it is up six points to 35 for the...
Naspers’s tricky Tencent conundrum
Naspers’s tricky Tencent conundrum
Shareholders have for years been under the spell of stock exchange darling Naspers, enamoured by its good fortune and astronomical returns as it...
Townships are still a world apart
Townships are still a world apart
Dormitory-style, underserviced, insecure, overcrowded and noisy — this characterises the living conditions in most of South Africa’s...
Unpaid pensions saga hots up
Unpaid pensions saga hots up
The Financial Services Board (FSB) has moved to clarify its efforts to resolve the ballooning problem of unclaimed pension benefits, even as civil...

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