SA taxpayers owe SARS R192bn, enough to cut Eskom’s debt by half
Individuals and corporates owe the SA Revenue Service (SARS) a mammoth R192-billion, money that can easily half Eskom’s debt pile. This was revealed by Minister... Read more.
South Africans live hand to mouth
Data from FNB has laid bare the financial crunch facing South Africans, with the lender saying it only takes five days for a middle-income consumer to spend up to... Read more.
First black female hot air balloon pilot loves ‘floating on the clouds’
Ga-Rankuwa-born Semakaleng Mathebula had to strike a fine balance between a demanding job in the automotive sector and her passion, to become the country’s first... Read more.
Rising debt levels dragging more consumers under, study reveals
South Africa’s consumers continue to drown in debt, the latest data shows. A study by Genesis Analytics, in partnership with the Financial Sector Conduct Authority,... Read more.
Dis-Chem acts against ‘copycat’ rival Dis-Pharm
In a trademark battle that resembles that of David vs Goliath, pharmacy retailer Dis-Chem has approached the high court to bar upstart Dis-Pharm from styling itself... Read more.
Lebogang the Bangladeshi caught in Home Affairs’ anti-graft net
Lebogang Ndlovu. Sounds like a South African name, right? Not if you illegally buy your citizenship. This is the name a Bangladesh citizen, who was arrested at OR... Read more.
SAA is ‘an asset that has to literally be resurrected from the dead’
The 51% stake in embattled national carrier South African Airways (SAA), which is in the process of being bought by the Takatso consortium, is valued at -R895-million,... Read more.
Interest rate hike on the cards and it won’t be the last
The South African Reserve Bank (SARB) is set to visit more pain on consumers when it announces its decision on interest rates on Thursday, with economists expecting... Read more.
Dlamini and Jones threaten legal action over cheating allegations
Media personality Minnie Dlamini and her estranged husband Quinton Jones said they are considering taking legal action over allegations that their marriage collapsed... Read more.
Stop posing as president!
The embattled National African Federated Chamber of Commerce and Industry (Nafcoc) has successfully managed to bar its former CEO, Sabelo Macingwane, from going... Read more.