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Borderless businesses empty nations’ coffers

Business Khaya Sithole - 14 Dec 2020

Countries such as Australia, Germany and the UK are pushing back against the tax practices of global giants such as Google and Facebook

What CCMA budget cuts mean for workers

Business Sarah Smit - 12 Dec 2020

The statutory body mandated to resolve workplace disputes and save jobs will have its budget cut by R600-million over the next three years

Fuel boycott looms over Engen refinery fire

Business Paddy Harper - 12 Dec 2020

Residents in south Durban want the petroleum giant to pay reparations, rehabilitate the area and protect the people who live near the plant

Assets, wealth revolution on the go

Business Tshegofatso Mathe - 11 Dec 2020

Financiers are ‘impact investing’ by shifting their support to investment products that prioritise environmental, social and governance issues

Social partners at Nedlac agree to help to turn Eskom around

Business Tshegofatso Mathe - 8 Dec 2020

The government’s partners at Nedlac have signed a social impact agreement to support the power utility, with a particularly focus on assisting it in accessing new capital to reduce its debt

South Africa records impressive economic recovery

Business Sarah Smit - 8 Dec 2020

The country’s economy grew at an annualised rate of 66.1%, marking the strongest pace of expansion since at least 1993

Dirty EOH’s clean-up plan makes strides

Business Tshegofatso Mathe - 7 Dec 2020

The technology service company has cut its debt from R4-billion to R2-billion in just two years. Its reputation was harmed by corruption that has come to light during the inquiry into state capture

The end of the office as we know it?

Business Tshegofatso Mathe - 6 Dec 2020

As more people continue to work from home, a decreased demand for commercial property is expected to continue as long as South Africa’s growth levels remain low

New minimum wage may close farm, domestic pay gap

Business Sarah Smit - 6 Dec 2020

These workers could see double-digit increases in their minimum wage

SA’s citrus beats the world’s Covid blues

Business Aaisha Dadi Patel - 5 Dec 2020

The stringent lockdown measures resulted in many sectors crumpling, but the citrus industry boomed

Blast rocks Durban’s Engen refinery

Business Paddy Harper - 4 Dec 2020

Residents are being evacuated as firefighters battle to control the blaze

Covid-19 stems ‘white’ gold rush

Business Sarah Smit - 30 Nov 2020

The pandemic hit abalone farmers fast and hard. Prices have dropped and backers appear to be losing their appetite for investing in the delicacy

SAA funds may need a top-up

Business Tshegofatso Mathe - 27 Nov 2020

Industry experts predict the R10.5-billion from the treasury to rescue the airline may not be enough, but the rescue practitioners say the money is enough to ‘settle the sins of the past’

Surveys predict Black Friday likely to fuel e-commerce

Business Sarah Smit - 26 Nov 2020

Fear of contracting the coronavirus while fighting off other shoppers will probably change how people shop for sales

China’s resource-for-infrastructure deals

Business Adrian Joseph - 25 Nov 2020

Are RFIs a viable model for aiding Africa’s economic development?

The price of violence: R145-billion

Business Tshegofatso Mathe - 22 Nov 2020

The costs include expenditure on security, justice and health rather than on productive efforts, investment is driven away and psychological effects results in lower productivity

Ramaphosa: We want investment pledges to translate into new jobs

Business Tshegofatso Mathe - 18 Nov 2020

To move out of South Africa’s economic funk, Ramaphosa is prioritising the materialisation of pledges made at the previous investment conferences.

Government gets $2bn more in pledges towards infrastructure development

Business Tshegofatso Mathe - 18 Nov 2020

The New Development Bank pledges billions of dollars towards infrastructure development in South Africa. Implementing infrastructure development is one of the measures the country is counting on to recover from the economic effects of Covid-19

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