Business

Reserve Bank launches insurance firm to safeguard bank deposits

The South African Reserve Bank (SARB) has officially unveiled the Corporation for Deposit Insurance (CODI). This newly established entity, launched in Sandton on Thursday, marks...

‘Labour activation programme a practical tool for job-creation’

Minister Thulas Nxesi has emphasised the importance of collaboration between the government and other stakeholders to mitigate unemployment and stimulate economic growth. Nxesi, the Employment...

Closure of Durban’s amusement park disastrous for businesses

The closure of Funworld has had disastrous consequences for employees and businesses that operated near the park. Funworld, a Durban amusement park that was once...

Joburg’s mini Davos Summit plans to attract direct foreign investments

With the country’s Mini Davos Summit scheduled to take place in two weeks’ time and organised by the Black Business Council (BBC), the business...

Ensure your business is well insured

In business, unforeseen challenges can emerge at any turn, posing a threat to even the most robust enterprises.   To shield themselves from potential risks and...

Greenstone Mall ends Ster-Kinekor lease amid operational woes

Greenstone Mall has terminated its lease agreement with cinema company Ster-Kinekor amid Section 189 woes. The cinema, which has been leasing at the mall for...

Some suspects seem to have more rights than others

In December 2023, the police in the Directorate for Priority Crime Investigation (Hawks) obtained, from the court, warrants of arrest against Mark Douglas Smith,...

Unlocking access to finance crucial for SMEs

In South Africa’s dire economic scenery, small and medium-sized enterprises (SMEs) stand as vital engines of growth and employment. However, their journey towards success...

French firm tables offer for MultiChoice, agrees to play by BEE...

MultiChoice has started talks to get a French multinational to buy the South African company for R125 per share. Canal+ expressed its support for MultiChoice’s...

Minister Kubayi addresses the housing and infrastructure backlog

The Minister of Human Settlements Mmamoloko Nkhensani Kubayi wants to address issues that link to housing and infrastructure backlog. Kubayi spoke on Friday at the...

Latest News