Disgruntled shareholders gatvol with SAB Zenzele Kabili scheme
A group of shareholders of global beer giant Anheuser-Busch InBev’s (AB InBev) South African black economic empowerment (BEE) vehicle SAB Zenzele Kabili are u... Read more.
Court rules in favour of property companies
The Supreme Court of Appeal (SCA) has ruled in favour of two entities associated with property mogul Sisa Ngebulana in their battle with the Special Investigati... Read more.
Mining company with Russian, ANC links mum on war with Sars
A local mining company still hurting from a major court loss in its battle with South African Revenue Service (Sars) Commissioner Edward Kieswetter is tight-lip... Read more.
SAB empowerment vehicle’s accumulated losses rise to R795m
Global beer giant Anheuser-Busch InBev’s (AB InBev) South African empowerment vehicle SAB Zenzele Kabili’s accumulated losses hit R795-million at the end of... Read more.
Rebosis creditors back business rescue plan
On Friday morning, creditors of the Rebosis Property Fund approved the company’s business rescue plan. “The creditors adopted the plan at the creditors’ m... Read more.
Rebosis business rescue practitioners point to job losses
In their plan to rescue the company, the Rebosis Property Fund business rescue practitioners envisage that they might cut jobs. “No employee has been laid off... Read more.
SA faces a dire economic outlook due to power cuts, warn analysts
The news that the South African economy contracted in the fourth quarter of last year could be the forerunner of a prolonged recession if severe loadshedding pe... Read more.
Economic carnage from Eskom’s loadshedding mounts
JSE-listed companies this week laid bare the severe economic impact of Eskom’s power cuts including significant extra costs and billions of rands in lost inco... Read more.
Government’s relief of Eskom debt will not fix real issues
The budget speech last week by Finance Minister Enoch Godongwana revealed that the state would take over R254-billion in Eskom debt. Though this will help the p... Read more.
Eskom, grants, wages to take centre stage
Experts expect Finance Minister Enoch Godongwana to deal with several key issues during his budget speech on Wednesday. Momentum Investments head of investment ... Read more.
