The Competition Commission has finalised settlement agreements worth R44-million with SAA and Singapore Airlines for collusion ahead of the World Cup.
AllPay says specifications for mega grant payments tender were changed at the last minute so that its competitor, Cash Paymaster Services,could win.
SA has significantly reduced oil imports from Iran in order to avoid penalties from the US but a fuel association says it finds this hard to believe.
Standard Bank has announced a new fee structure, promising customers could save up to 50% or more on banking fees.
The Reserve Bank’s bulletin for the fourth quarter of 2011 shows slow and steady growth in the SA economy but with potential to improve.
The Direct Marketing Association’s bid to manage the "opt-out list" database has been criticised for conflict issues.
Although 300 000 motorists have registered for the e-tolling system in Gauteng, experts say there is no legal way to force road users to pay.
Velvet Sky’s licence agreement has a clause that stipulates it must set aside sufficient funds to pay back cash clients should it go out of business.
Inland motorists can expect a fuel hike of 32 cents on April 4, following further increases in petroleum pipeline tariffs.
The global economic slump has begun to affect the economy and South Africans may wish to reconsider getting that new iPad or applying for more credit.
Shops owned by foreigners have been reportedly targeted by angry protesters to send a message to Implats management.
Last weekend South Africa’s first roller derby tournament heated up the mean streets of Modderfontein with fishnets, lace and girls on skates.
There are any number of indicators that are used to predict economic activity, futures and options being examples but what about hemlines?
Telecoms giant MTN says its new technology takes energy-saving to another level, reports <b>Lisa Steyn</B>.
SAshould brace itself for a slowdown in the economy as the impact of price hikes lead to higher input costs and additional financial strain.
Poor departmental planning could explain why the widely touted special economic zones aren’t properly funded or up and running.
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/ 24 February 2012
The government has claimed that job creation is its top priority yet it has cut the allocated budget by almost R4-billion from last year.
Awarding a R350-million Transnet contract to a black-owned firm is a major step in transforming the auditing profession, says minister Malusi Gigaba.
A national strategy is teaching communities basic skills and putting food on the table.
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/ 17 February 2012
At a time when job creation is the focus of economic policy, a colossal fight is brewing over the reliability of employment statistics in SA.
Continued industrial strike action has taken a toll on Impala Platinum’s Rustenburg mine but their interim results show positive growth.
As well as impeding Sanral’s ability to pay its debts, a definitive scrapping of the project may undermine the Gautrain’s targets.
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/ 10 February 2012
United States sanctions on Iranian oil exports set to impact local refiners.
There are moves afoot to overhaul the social grant payout system to make it less cumbersome as some grant recipients wait hours in queues.
After months of disappointing data, the Purchasing Manager’s Index rose 3.8 points to 53.2 in January, the highest level since June 2011.
Pennyville residents staged a demonstration outside Absa buildings in the Jo’burg CBD to hand over a memorandum in protest against their eviction.
The latest Banana Skins survey has shown South African banks are concerned about the costs of fighting fraud and economic crime.
Government and business could be in for a standoff over regulations on executive pay, if local authorities decide to tackle excessive salaries.
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/ 20 January 2012
SEZ offer little detail and don’t clarify government’s policy, say critics.
Transnet’s chief executive explains his ideas for oiling the parastatal’s wheels.
Certain economic sectors are facing severe shortages but others are oversupplied, writes <b>Lisa Steyn</b>.
Investing in rare breeds can offer better returns than the stock market or a bank, in a wildlife industry that continues to grow in leaps and bounds.