Business

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....
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.
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...
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...
Sars 'unduly delays' tax refunds
Sars 'unduly delays' tax refunds
"Seriously worrisome" is how the tax ombud, Judge Bernard Ngoepe, described some of the findings in a report by his office into the delayed payment...
SA exits recession with 2.5% GDP growth
SA exits recession with 2.5% GDP growth
South Africa's gross domestic product has rebounded with 2.5% growth for the second quarter of the year.
Diamond dreams turn to dust as miners eye one last scoop
Diamond dreams turn to dust as miners eye one last scoop
Driving into diamond country looks very different to what you might expect. The glamour and intrigue associated with the precious stone —...
Anglo finds SA hard to love or leave
Anglo finds SA hard to love or leave
This month, Anglo American marks its 100th anniversary and the company is finding that South Africa is hard to love or to leave. Very few companies...

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