ANC tells Bandile Masuku, wife to step aside from government roles
The ANC in Gauteng said today, it has decided health MEC Bandile Masuku, and his wife Joburg MMC of group corporate Loyiso Masuku to take a leave of absence while... Read more.
KPMG back in the ABSA fold
Audit firm KPMG has won back the contract to look after the books of ABSA, just over two years since the lender cut ties with it. In 2018, the then Barclays Africa... Read more.
Sasol to sell its Secunda oxygen production site for R8.5 billion
Chemical giant Sasol said today, it had reached an agreement with Air Liquide to acquire the biggest oxygen production site in the world located in Secunda, Mpumalanga... Read more.
JSE fines EOH R5 million for false and misleading financial reporting
The JSE has slapped IT group EOH with a R7.5 million fine, with R2.5 million suspended for a period of five years after the company was found to have provided misleading... Read more.
Actress Candy Moloi has died
South African actress Candy Moloi has passed away, the SABC reported on Tuesday night. Moloi is best known for her starring role as Vho-Makhadzi on the SABC2 soap... Read more.
Apple is the world’s most valuable brand – Forbes
Apple, Google, Microsoft, Amazon, and Facebook once more topped the Forbes’ 2020 list of the 100 most valuable brands. Forbes listed Apple as the world’s most... Read more.
Academic year to be extended to 2021 – Ramaphosa
President Cyril Ramaphosa said on Thursday night, that public schools will close for four weeks as new cases of COVID-19 continue their upward trajectory. Public... Read more.
SARB cuts interest rates to a new record low
The South African Reserve Bank has slashed its key repo rate by 25 basis point (bps), to a new all-time low of 3.50%, the central bank’s boss lesetja Kganyago... Read more.
Alcohol ban will impact trading – Spur
Spur Corporation, owner of Spur Steak Ranches and Panarottis Pizza and Pasta chains said today, its profits for the current financial year will plunge by at least... Read more.
Sasol reports 561 COVID-19 cases and two deaths at its SA operations
Petrochemical and energy giant, Sasol said today, it has recorded more than 500 COVID-19 cases at its domestic operations. The company in a market update said the... Read more.