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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

Gold dazzles during the pandemic

Business Tshegofatso Mathe - 15 Nov 2020

Investors have been betting on gold as a safe option during a year of tumult and uncertainty

Dossier fuels fight for auditor watchdog’s top seat

Business Thando Maeko - 13 Nov 2020

A whistleblower says the former boss of the auditing regulatory body is behind a campaign to have its new chief executive sent packing

Patel: South Africa on target to attract R1.2-trillion in investments

Business Thando Maeko - 9 Nov 2020

The trade minister says the country is on track to reach more than R1-trillion worth of investments over five years, despite Covid-19 disruptions

Public wage bill is impeding SA’s growth prospects — Busa

Business Tshegofatso Mathe - 9 Nov 2020

Business Unity South Africa is eager to talk to its social partners at Nedlac about how the spiralling public-sector wage bill can be tamed. And the organisation says these talks need to happen soon

Cheating on your funds costs you behaviour tax

Business Thando Maeko - 8 Nov 2020

Short-term financial decisions fuelled by fear and greed run contrary to long-term investment goals

Covid-19 causes Acsa to dust off its begging bowl

Business Thando Maeko - 7 Nov 2020

The SOE has asked the government for R3.5-billion in extra support over the next three years to offset losses incurred because of the pandemic

Myeni chooses silence on SAA capture

Business Sarah Smit - 4 Nov 2020

The former SAA board chairperson invoked the privilege not to incriminate herself at the Zondo commission

‘We sacrifice our families for Clover all year’

Business Anna Majavu - 3 Nov 2020

The strike at the dairy company continues, with exhausted workers demanding an end to compulsory weekend and public holiday work as well as overtime being forced on them

Government announces tailwinds on infrastructure project

Business Tshegofatso Mathe - 3 Nov 2020

Minister of public works and infrastructure Patricia de Lille and President Cyril Ramaphosa call for corruption crackdown in government during talks with investors on infrastructure development project in Midrand

SA has a retirement savings crisis

Business Tshegofatso Mathe - 1 Nov 2020

Limited understanding of finances and a low income means that millions of South Africans either don’t or can’t put money aside for when they’re older

NSFW: The tricky business of OnlyFans

Business Sarah Smit - 31 Oct 2020

In an increasingly digital world, OnlyFans has given online creators a new way to make money on their own terms

Financial conduct body slaps Jooste with R162-million fine

Business Thando Maeko - 30 Oct 2020

The former Steinhoff chief executive and three others have been fined by the FSCA for insider trading in the days leading up to the company’s 2017 share price crash

State’s wage freeze sparks apoplexy

Business Thando Maeko & Tshegofatso Mathe - 29 Oct 2020

Public sector unions have cried foul over the government’s plan to freeze wages for three years and have vowed to fight back.

Mboweni plans to freeze public sector wage increases for the next three years

Business Tshegofatso Mathe - 28 Oct 2020

The mid-term budget policy statement delivered by the finance minister proposes cutting all non-interest spending by R300-billion.

SAA to receive R10.5-billion government bailout after all

Business Thando Maeko - 28 Oct 2020

Several struggling state-owned entities received extra funds after the medium term budget policy speech

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