Author: Bongani Mdakane

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.
Neo Makhokolo
News

Past sins back to haunt ponzi scheme fraudster Neo Makhokolo

Neo Makhokolo, the founder of a ponzi scheme called Black Child Billionaire, has finally paid for his past sins after he was sentenced by the Bethlehem Commercial... Read more.
Curro Holdings
News

Curro shows racist boss the door for calling black teacher monkey

The executive head of Curro Academy in Protea Glen, Soweto has been axed from her cushy job after she called a black teacher a monkey. This after Sunday World broke... Read more.
Business

Exarro half-year profit drops on weak fossil fuel prices

Coal mining giant Exxaro Resources is expecting its half-year profit to decrease by 37% on its earnings per share and headline earnings per share. This is because... Read more.
News

RDP housing land ‘stolen’ by property developer

Soweto businesses and the residents have taken the City of Joburg, Joburg Property Company (JPC), and a white-owned company to court. They are locked in a dispute... Read more.
Business

South African and Chinese firms conclude R41-billion export deal

The nocturnal trade and investment talks between South Africa and China in Pretoria on Thursday night are reaching the gelling stage – and are set to strengthen... Read more.