Business
Black business wants transparency on township fund beneficiaries
Lobby group Black Business Unity (BBU) has voiced strong support for the announcement by the Department of Small Business Development of a R500-million fund...
Sim Tshabalala picks Lungisa Fuzile as Standard Bank Africa CEO
Standard Bank Group boss Sim Tshabalala has taken over the role of interim chief executive of the bank’s South African division.
Tshabalala temporarily takes over...
Inside the ANC’s national budget negotiation strategy
The ANC and DA have had a series of discussions regarding the much-talked-about national budget. However these talks collapsed on Friday afternoon when the...
State must write off unpayable R100bn municipal Eskom debt, economist says
The state needs to write off almost R100-billion debt that municipalities owe to Eskom. In addition, government should inject human resource capacity while also increasing...
Ithala is suffering from self-inflicted wounds, says PA
Trouble-ridden KwaZulu-Natal-based entity Ithala lives to fight for another day.
The entity, which operates as Ithala Bank, faces an uncertain future and the possibility of...
Standard Bank CEO Tshabalala says deputy’s departure is big blow
Standard Bank deputy group chief executive Kenny Fihla has resigned, a move that Africa’s leading financial services company by total assets says will not...
Godongwana’s growth projection is pie in sky – economists
Economists have slammed Finance Minister Enoch Godongwana’s projection that the domestic economy would this year grow by 1.9% as baseless.
Their criticism comes after the...
Standard Bank boss Tshabalala earns R89m, staff gets ‘3% raise’
Standard Bank Group chief executive Sim Tshabalala saw his total remuneration package in 2024 rise by 7.1% to a cool R89 million from the...
Plan to craft legislation to curb government debt from rising
As the gross government debt is projected to reach R5.69-trillion in 2025, the National Treasury wants to introduce legislation aimed at curbing government debt...
‘Bosses must pay for mine fatalities’
Mineral and petroleum resources minister Gwede Mantashe has poured cold water on suggestions that mining bosses should be held accountable for deaths taking place...