Sanral projects add shine to Raubex’s bottom line
Raubex, South Africa’s infrastructure development and construction materials group, on Monday said its revenue for the six months to August surged 23.2% to R7.38-billion,... Read more.
World Bank boss visits SA following R9bn loan to Eskom
World Bank Group president David Malpass is in the country on his first visit since he was appointed to the role in 2019. Malpass’ visit comes just days after... Read more.
R1000 investment in Capitec twenty years ago is now worth R2.3m
Capitec, one of corporate South Africa’s biggest success stories over the past two decades, has paid handsomely to its early investors. The bank today has more... Read more.
State merges boards of Umhlathuze Water and Umgeni Water
The troubled Umhlathuze Water board will soon have its staff, assets and liabilities transferred to Umgeni Water, the Department of Water and Sanitation has revealed.... Read more.
Judge lambasts sequestrated VBS Mutual Bank ‘fixer’
The North Gauteng High Court has given VBS Mutual Bank “fixer” and former Limpopo ANC Youth League leader Kabelo Matsepe reasons why it said the South African... Read more.
AngloGold Ashanti plots ways to reclaim mining group’s shine
AngloGold Ashanti has set its sight on regaining its competitiveness, said its CEO Alberto Calderon on Thursday, buoyed by the impressive third-quarter performance.... Read more.
Motsepe gets his hands on small business financier
TymeBank, backed by business magnate Patrice Motsepe, has received the greenlight from competition authorities to acquire small businesses financier Retail Capital.... Read more.
Gordon Traill tipped to take over as Clicks CFO in January
Clicks’ mainstay chief financial officer (CFO) Michael Fleming will step down from the role at the end of the year, the company told investors on Tuesday night.... Read more.
SARS investigates if Digital Vibes and Estina contracts evaded tax
The South African Revenue Services (Sars) said it was looking into the multi-million-rand Digital Vibes contract after it was referred to it by the agency’s Liaison... Read more.
More than 2 000 jobs on the line at Sibanye-Stillwater
Sibanye-Stillwater has told its shareholders that the mining giant is likely to cut jobs at two loss-making gold operations in its domestic market. The employees... Read more.
