Top African Bank execs exodus worrisome
Concerns are being raised about the exodus of top executives, high profile suspensions, and business liquidity at African Bank, a week after it pulled out of a deal... Read more.
Spectrum rule rattles telecoms sector
A clause in the Electronic Communications Amendment Bill seeking to force mobile network operators to share unused high demand spectrum with smaller players... Read more.
Top Wits professor hammered over ‘shoddy’ BEE research
Top Wits University academic Prof William Gumede has come under fire after research he relied on contradicted his own findings about the impact of broad-based black... Read more.
Cape Agulhas Lighthouse project to boost tourism in Western Cape
Government has officially launched the Cape Agulhas Lighthouse Precinct in Western Cape. The precinct’s opening is expected to drive up tourism numbers in... Read more.
Local ICT firm crosses swords with Oracle over R100m Postbank contract
A long-standing dispute between a Gauteng-based ICT firm, global software giant Oracle, and the embattled South African Post Office (Sapo) has landed in the corridors... Read more.
Kganyago, Godongwana, Mantashe must come up with plan as fuel price crisis looms
The South African Reserve Bank and National Treasury have been urged to come up with a coordinated response that will cushion the consumers as well as the economy... Read more.
Government reassures grant recipients as rescuers gun for Post Office’s closure
The government has given reassurances that any liquidation of the South African Post Office will not affect over 3-million social grant beneficiaries who receive... Read more.
Call for fuel levy relief as Middle East war threatens to tank SA economy
As the war in the Middle East enters its third week, economists have suggested that the government needs to cut the fuel levy to shield low-income households from... Read more.
African Bank board needs to do reflection – Absip
The Association of Black Securities and Investment Professionals has broken its silence on the recent abrupt departure of African Bank CEO Kennedy Bungane, saying... Read more.
Nedbank ‘had to bite bullet’ in its R600m settlement with Transnet
Nedbank Group says it needed to pay the R600-billion settlement to state-owned entity Transnet, as the financial services institution wants to play a big role in... Read more.
