But the South African expat listed as a Swiss resident has denied any connection to the company that apparently marketed the alleged ponzi scheme
Bidder says rescue practitioners tried to manipulate process to favour ANC funder Robert Gumede
This year will finally see interest rates fall. But whatever relief the Reserve Bank administers, it will have come too late for some
Business rescue practitioner Metis has agreed to amend the ‘unlawful’ Vision group rescue plan
Solicitor General Rodolfo Barra told AFP that the government will appeal Wednesday’s ruling
Tensions between the US and China could come to a head early this year, posing another risk to the global economy
Last year was dismal on a number of fronts. And although things probably won’t get exponentially better, there is some hope on the horizon
World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high
The M&G takes a look back at the share price crashes, the historic leadership changes and the surprising appointments
The South African Clothing and Textile Workers Union has said people are working from 10 to 16 hours a day, seven days a week for as little as R120 to R200 a week
The Nordic model holds some insight into how to close South Africa’s yawning income and wealth gap
South Africa’s economy has stagnated and policymakers ought to be looking for solutions that move us forward
Rival bidder RGS says the delays are aimed at enabling Vision to raise money to fund the deal
Profit falls from R3.8bn to R1.6bn as supply constraints and a drop in demand take their toll
Reforming governance has proved to be a Sisyphean task. If done right, a new state holding company could be the final push
The business community initially welcomed him. But the past five years have disappointed — and the private sector has only recently been given a turn at the economy’s steering wheel
Investors are worried that as the investigation drags on, their life savings may have been transferred out of reach to offshore companies
ANC funder Robert Gumede’s bid for the sugar giant may be on the rocks
The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy
The company sees opportunity in online payment – UPay – and food delivery – Swiggy
Today, as the country awaits the next update on the state of its public purse, the prospect of a debt crisis seems more imminent than before. This is as South Africa’s fiscal position has deteriorated markedly during the course of this year, a dilemma that could see the treasury inflicting another round of spending cuts.
In this monthly series, the M&G investigates how South Africa’s fiscal policy has been shaped. The second instalment considers the health budget and why, despite growing to R254 billion a year, the health system is ailing
A guide to sounding professional while using emojis
Among state-owned entities, the beleaguered power utility is far and away the biggest risk to the public purse
A conscious leader instils a culture of help and service to others and does not pursue the bottom line at all cost
First she created Jo Malone London, which she sold to Estée Lauder. Then she reignited her creativity and started the fragrance brand Jo Love
Mia Malan interviews Deputy Justice Minister, John Jeffery, and United Nations special rapporteur on the right to health, Tlaleng Mofokeng, about what’s next for sex workers
Series King of Dreams tells the cautionary tale of how Bernard Arnault used LVMH and fashion to expand his power
Business-led innovation is one of the factors could help close the empowerment and sustainability gaps
The country needs to make this transition work, or risk losing up to 50% of its export value
While the president’s predicament is creating uncertainty, the work of forging a durable social compact has struggled to gain traction. Why?
Because the analytical tools are becoming increasingly sophisticated, decisive action based on careful analysis is the best way to adapt to an inflationary environment