Gatekeepers, investors accused of stifling black business growth
Institutional investors came under sharp criticism at the annual Black Business Summit for failing to channel capital into activities that create jobs and stimulate...
Checkers, Sixty60 drive Shoprite’s R18bn growth
Shoprite Holdings has shown growth in the digital commerce platform in the year to June, with Sixty60 sales jumping 34.5% to R25.5-billion and Checkers...
Build companies, don’t chase BEE deals, Motlanthe tells Black businesses
Former president Kgalema Motlanthe has urged black-owned companies to focus on growing the economy, rather than seeking empowerment stakes in established businesses.
Motlanthe made the...
Implats earnings surge as NUM raises safety concerns
The National Union of Mineworkers (NUM) has accused Impala Platinum of putting profits ahead of workers’ safety, raising concerns over safety conditions at the...
Ronald Lamola warns business: ‘Stop exploiting undocumented migrants, undermining labour laws’
International Relations and Cooperation Minister Ronald Lamola has cautioned that the growing exploitation of undocumented migrants by some South African employers is eroding labour...
SARB dismantles old payment system model in fintech-era
The South African Reserve Bank (SARB) has moved to dismantle the existing structure for managing the national payment system and replace it with a...
