Business

Consumers’ credit health shows signs of recovery
Consumers’ credit health shows signs of recovery
Times may appear tough, with troublesome politics and lacklustre economic growth but most consumers, judging by the extent to which they defaulted...
​Coca-Cola SA and Sasol cut ties with McKinsey
​Coca-Cola SA and Sasol cut ties with McKinsey
Global consulting firm McKinsey has lost two more major clients because of its alleged nefarious involvement in state capture and the Guptas’...
Why business cartels thrive in South Africa
Why business cartels thrive in South Africa
The school uniform cartel in South Africa is the latest industry to be exposed for anti-competitive behaviour. The Competition Commission released...
Samsung tips record Q4 operating profit of more than $14-billion
Samsung tips record Q4 operating profit of more than $14-billion
South Korean telecom giant Samsung Electronics expects to post a record operating profit...
What’s on the cards for 2018?
What’s on the cards for 2018?
A glaring budget gap and disappointing revenue collection over the past tax year — with added commitments, such as free higher education...
The economy is off to a good start
The economy is off to a good start
The economy couldn’t have asked for a better start to the year — the rand is stronger than it has been in years, commodity prices are...
Troubled Steinhoff to restate results back to 2015
Troubled Steinhoff to restate results back to 2015
Scandal-hit retail giant Steinhoff announced on Tuesday that it would restate some financial results for 2015 and 2016 amid a probe into accounting...
Populism wins out at Nasrec
Populism wins out at Nasrec
Populism triumphed at the ANC conference on Wednesday when the party passed a resolution in favour of land expropriation without compensation as...
​The ruling party moves for land, and the Reserve Bank
​The ruling party moves for land, and the Reserve Bank
The ANC will seek to amend the constitution of the country to allow for expropriation of land without compensation and will also nationalise the...
Jury still out on economic hot potatoes
Jury still out on economic hot potatoes
At the time of writing, the outcomes of the discussions around economic transformation had not been delivered.
Challenging economic environment an obstacle to implementing NDP
Challenging economic environment an obstacle to implementing NDP
South Africa requires consistent investment of between 20% and 25% of the GDP to achieve the goals of the National Development Plan on growth and...
Bitcoin suffers dramatic price plunge in Asia
Bitcoin suffers dramatic price plunge in Asia
Bitcoin prices plunged about 15 percent in Asian trade Wednesday before recouping some of the losses as investors apparently took fright at news...
Can Ramaphosa deliver on his promises?
Can Ramaphosa deliver on his promises?
The hope for a Cyril Ramaphosa victory was pinned on his ability to put South Africa’s economy back on solid ground with financial prudence and...
Markets only have eyes for Cyril
Markets only have eyes for Cyril
The ANC is said to be deliberating over who the rightfully elected secretary general of the party is, but the market seems to only have eyes for...

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