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Lynley Donnelly

Titans face off in banks case
Article
/ 3 August 2018

Titans face off in banks case

Before the court battle over rand-rigging begins, the tribunal must settle a number of preliminary skirmishes

By Lynley Donnelly
Competition commission resolute in bank collusion hearings
Article
/ 31 July 2018

Competition commission resolute in bank collusion hearings

Despite sustained attacks from banks in the forex hearings, the Competition Commission remains confident of its case

By Lynley Donnelly
Forex hearings: Competition Commission accused of being ‘vexatious and unreasonable’
Article
/ 31 July 2018

Forex hearings: Competition Commission accused of being ‘vexatious and unreasonable’

After numerous pre-hearings, the matter is finally being heard, well over a year after the Competition Commission referred the case to the tribunal

By Lynley Donnelly
ANC eyes PIC funds to rescue Eskom
Article
/ 27 July 2018

ANC eyes PIC funds to rescue Eskom

The idea has been floated before but again unions warn that the funds can’t be used to bail out SOEs

By Lynley Donnelly
Repo rate stays put amid concerns over growth
Article
/ 20 July 2018

Repo rate stays put amid concerns over growth

Governor Lesetja Kganyago warns of upward pressure on inflation and the challenging outlook for domestic growth

By Lynley Donnelly
VBS: Widows and orphans may lose out
Article
/ 13 July 2018

VBS: Widows and orphans may lose out

A liquidation application offers insight into the ‘epic’ fraud that fleeced the bank

By Lynley Donnelly
ANC bash caught up in VBS web
Article
/ 13 July 2018

ANC bash caught up in VBS web

Siphoned-off funds seem to have been used to buy a table at the party’s birthday dinner

By Thanduxolo Jika and Lynley Donnelly
Sugar sector wants a sweeter deal
Article
/ 6 July 2018

Sugar sector wants a sweeter deal

Despite intense debate about the protection the industry enjoys, it says it is up against a wall

By Lynley Donnelly
Health Bills’ diagnostic value limited
Article
/ 29 June 2018

Health Bills’ diagnostic value limited

The proposed legislation is less clear on key issues than the rhetoric around it suggests, say experts

By Lynley Donnelly
Another day, another data breach
Article
/ 22 June 2018

Another day, another data breach

Liberty is just the latest in a growing list of targets, heightening the urgency to protect information

By Lynley Donnelly
Flailing Eskom out of options
Article
/ 15 June 2018

Flailing Eskom out of options

The utility wants tariffs raised and wages frozen but the unions are not buying into its arguments

By Lynley Donnelly
A global trade war is no joke
Article
/ 15 June 2018

A global trade war is no joke

Emerging economies such as South Africa’s are put under pressure when infighting among the big players slows down global trade

By Lynley Donnelly
PIC still limping from Steinhoff blow
Article
/ 8 June 2018

PIC still limping from Steinhoff blow

Underwriting a loan between the retailer and its BEE partner has cost the asset manager R3.3-billion

By Lynley Donnelly
Too soon for Ramaphoria to boost weak economy
Article
/ 8 June 2018

Too soon for Ramaphoria to boost weak economy

Weak annual growth will put the 2018 fiscal targets outlined by the treasury in the February Budget under strain

By Lynley Donnelly
Banks weather tough climate but brace for new auditing standards
Article
/ 1 June 2018

Banks weather tough climate but brace for new auditing standards

The banking sector has fared well despite a difficult economic climate

By Lynley Donnelly
VBS fined R2.5m for flouting money-laundering regulations
Article
/ 29 May 2018

VBS fined R2.5m for flouting money-laundering regulations

This is according to the 2017 annual report from the Reserve Bank’s banking supervision department, which was released on Tuesday morning

By Lynley Donnelly
Crackdown on obdurate local councils
Article
/ 25 May 2018

Crackdown on obdurate local councils

Officials will have to follow up on the auditor general’s reports or pay back the money

By Lynley Donnelly
VBS-linked Limpopo municipalities face provincial probe
Article
/ 24 May 2018

VBS-linked Limpopo municipalities face provincial probe

Eight Limpopo municipalities have a combined exposure to VBS of almost R1.2-billion, but the recovery of all the funds is ‘highly uncertain’

By Lynley Donnelly
North West takeover no simple task
Article
/ 18 May 2018

North West takeover no simple task

It’s the first time a whole province has been placed under administration, and the devil is in the detail

By Lynley Donnelly
On-off oil refinery back on the table
Article
/ 18 May 2018

On-off oil refinery back on the table

The minister of energy announced that an implementation framework for a new oil refinery would be finalised this year

By Lynley Donnelly
Lofty expectations for twin peaks
Article
/ 11 May 2018

Lofty expectations for twin peaks

But better regulation of SA’s financial services industry could mean higher bank charges

By Lynley Donnelly
Eskom looking to take R67-billion out of your pocket
Article
/ 18 April 2018

Eskom looking to take R67-billion out of your pocket

This is not the end of attempts by the power utility to recover money it believes it is owed

By Lynley Donnelly
KPMG woes deepen after VBS bank scandal
Article
/ 15 April 2018

KPMG woes deepen after VBS bank scandal

The revelations are another blow to the auditing firm, which has battled to restore its credibility after allegedly assisting Gupta-linked companies

By Lynley Donnelly
Eskom unplugs fears of load-shedding
Article
/ 6 April 2018

Eskom unplugs fears of load-shedding

The power utility says that it won’t be lights out this winter

By Lynley Donnelly
Eskom burning through diesel again
Article
/ 28 March 2018

Eskom burning through diesel again

The power utility’s use of open cycle gas turbines has spiked in recent months, with fuel spend on these peaking power stations soaring almost 30 fold

By Lynley Donnelly
Jobs shed as cooked meat sales dip
Article
/ 16 March 2018

Jobs shed as cooked meat sales dip

Listeriosis has already caused a fifth of processing industry workers to be laid off, analysts warn

By Lynley Donnelly
​Supermarkets rush to pull foods implicated in Listeriosis outbreak
Article
/ 4 March 2018

​Supermarkets rush to pull foods implicated in Listeriosis outbreak

Pick n Pay as well as shops under its Boxer brand, have begun pulling the products, as have all supermarkets in the Shoprite group

By Lynley Donnelly
Can Radebe flip the light switch?
Article
/ 2 March 2018

Can Radebe flip the light switch?

The new energy minister, along with the new finance and public enterprises ministers, will be able to drive the changes SA desperately needs

By Lynley Donnelly
SOEs could undo the best laid plans
Article
/ 22 February 2018

SOEs could undo the best laid plans

The budget outlines the risks they pose but there are plans to mitigate against them

By Lynley Donnelly
PIC caught up in Eskom’s woes
Article
/ 9 February 2018

PIC caught up in Eskom’s woes

The state asset manager is under fire and now the power utility has little option but to cut costs

By Lynley Donnelly
Changes buy Eskom a tiny bit of time
Article
/ 26 January 2018

Changes buy Eskom a tiny bit of time

The utility faces an immediate cash-flow problem and tougher deep-seated challenges

By Lynley Donnelly
Dudu Myeni fired as SAA chair
Article
/ 18 October 2017

Dudu Myeni fired as SAA chair

The Mail & Guardian understands that Myeni will be replaced by businessperson JB Magwaza who has been appointed as the new board chairperson.

By Lynley Donnelly
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