Author: Bongani Mdakane

Author

Chinese bank
Business

SA strikes a strategic deal with Chinese bank

The Brics Summit commitment of cooperation among member states is bearing fruits with the department of public enterprises (DPE) and a Chinese bank agreeing to enhance... Read more.
Nhlanhla Lux
News

Suspended sentence saves Nhlanhla Lux from serving time in jail

Controversial former leader of Operation Dudula Nhlanhla Lux has been hauled over the coals for house breaking, theft and vandalism. Lux escaped serving time in... Read more.
Water tariffs
News

Broke Emfuleni paid tenderpreneurs over R65m to supply water

Cash-strapped Emfuleni local municipality has spent over R65-million leasing water tanks from three companies but the community still struggles to access water.... Read more.
Brics economies
Business

Brics bloc aims to forge new paths on economic opportunities

Presidents of India and Brazil believe mutual cooperation and trust will thrust the Brics group of countries and the global south towards development and economic... Read more.
City of Joburg
Business

JPC bosses zig-zag on alleged illegal sale of municipal land

A legal note showing that the municipal land earmarked for housing development in Soweto’s Power Park was sold unlawfully contradicts the Joburg Property Company’s... Read more.
Business

Footwear and leather industry a giant in waiting

Despite challenges brought on by Covid-19 in many businesses in the country, including the footwear and leather industry,  the future looks bright for South Africa... Read more.
AngloGold
Business

AngloGold shareholders give move to New York a thumps up

AngloGold Ashanti shareholders on Friday overwhelmingly voted to move the primary listing of the group from the Johannesburg Stock Exchange (JSE) to the New York... Read more.
corporate profits
Business

Low corporate  profits impairing national fiscus

Corporate income tax collected in June, a key month when most corporate financial year end interim results get announced, shows that the National Treasury is likely... Read more.
Woman empowerment
Business

Women continue to be overlooked for managerial positions

The latest unemployment data released by Statistics South Africa this week showed that women continue to bear the brunt of unemployment and are grossly under-represented... Read more.