Business

PIC suspends CEO Patrick Dlamini pending whistleblower probe

The board of the Public Investment Corporation (PIC) has placed its chief executive officer, Patrick Dlamini, on precautionary suspension following allegations of impropriety contained...

‘Nothing justifies burning of spaza,’ says parly committee

Parliament's Select Committee on Economic Development and Trade has warned against attacks that threaten investment and economic growth following the reported burning of spaza...

GoTyme CEO Cheslyn Jacobs calls for end to fees on instant...

GoTyme Bank CEO Cheslyn Jacobs says banks should stop treating instant digital payments as a premium service, arguing that customers should not have to...

DKMS offers R2.2m funding opportunity for blood cancers research

Scientists and early-career doctors have been invited to apply for a share of a multi-million-rand grant aimed at improving the diagnosis, treatment and care...

The world is uncertain. South Africa cannot afford to be

Just days ago, global markets were breathing a collective sigh of relief. The prospect of a ceasefire in the Middle East had lifted confidence. Crude...

US seeks Iranian pledge to free up Strait of Hormuz

Iran’s Foreign Minister Abbas Araqchi arrived in Oman on Saturday to discuss arrangements for the safe passage of ships through the Strait of Hormuz,...

Ministerial reshuffles fuelled Sita governance crisis, PSC finds

The revolving door of communications ministers in President Cyril Ramaphosa’s administration has been identified as one of the key drivers behind the governance failures...

BMF leadership tussle worsens as suspended president takes on rivals

The battle for control of the Black Management Forum intensified this week after its suspended president moved to deactivate the email accounts of his...

PA probes 60 unregistered banks and insurance schemes

The South African Reserve Bank’s (SARB) Prudential Authority (PA) has launched investigations into 60 suspected unregistered banking and insurance schemes as it intensifies its...

Minister confronts Transnet over policy than could derail reforms

Transport Minister Barbara Creecy gave the Transnet board three days to explain how it would correct a rail access agreement she said broke with...