Business

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...

Ndabeni unveils R500m fund to bankroll spaza shops

A R500-million spaza shop support fund has been established by Small Business Development Minister Stella Ndabeni to increase market competitiveness and enable spaza shops...

Former BMF president still riled by ‘biased’ Labour Court ruling

Former Black Management Forum (BMF) president and academic Dr Sibongile Vilakazi says her dismissal from Wits Business School was skewed and engineered to make...

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