Business
‘Ithala can’t be left to die with our money inside’
Nokuthula Nhlabathi of the village of eZindophini in Eshowe, northern KwaZulu-Natal, together with other small business owners, spent the entire week travelling the 300km...
Ithala Bank chalks up court victory in quest to recoup unpaid...
The troubled Ithala Bank has won a court battle to recover more than R10 million in a loan advanced to a business consortium that...
Reserve Bank hits Standard Bank with R13m fine
The South African Reserve Bank (SARB) has issued Standard Bank with an administrative penalty amounting to R13-million for failing to conduct ongoing due diligence...
Breaking barriers in the male-dominated business world
Failure in entrepreneurship is part of the process, not the end of it. This is according to businesswoman, Kearabetswe Maile, who owns and manages...
‘Ithala investors must make other plans due to liquidation case’
The South African Reserve Bank’s (SARB) Prudential Authority and National Treasury have requested Ithala Bank’s clients to urgently make alternative banking arrangements due to...
Closure of ArcelorMittal SA plants catastrophic
The announcement by giant steel manufacturer ArcelorMittal South Africa (Amsa) has sparked fears of an economic, job and social catastrophe.
The Steel and Engineering Industries...
The year that was for business
It has been a year filled with drama, agony and headaches in the world of business in the country.
The business sector had its own...
Unemployment figures increase in the third quarter
The South African unemployment rate has increased 1.2% in the third quarter compared to the previous quarter, showing 133 000 jobs lost.
Statistics South Africa...
DTIC ‘appeals’ decision to bar Vodacom-Maziv merger
The Department of Trade, Industry and Competition (DTIC) has filed a notice to appeal the decision of the Competition Tribunal to bar the Vodacom-Maziv...
Royal Bafokeng grows wealth to R50bn
The Royal Bafokeng people in the North West are literally sitting on the a platinum mine.
This will become even more evident when leader, Kgosi...
