Business

Cosatu cautiously welcomes CEF’s refinery purchase 

Trade union federation Cosatu is treating the recent acquisition of the South African Petroleum Refineries (Sapref) by the Central Energy Fund (CEF) with caution.  At...

Court orders attachment of waste company’s vehicles 

Gauteng businessman and tenderpreneur Richard Nyathi has been hauled to the Johannesburg High Court by Standard Bank for refusing to return four vehicles, which...

Rural community divided over open-pit iron-ore mining in KZN 

A mining company owned by Mauritius-based entity Jindal Steel and Power together with a South African BBBEE partner holding a 25% stake in the...

Black entrepreneurs’ resilience highlighted 

The struggle and resilience of black business during the apartheid era is captured aptly in a new book titled The Journey of the Soweto...

Siemens loses court bid to have rival’s deal with Eskom reviewed 

Tech company Siemens has lost a case it had brought against power utility Eskom in the Johannesburg High Court in which it wanted the...

‘SA risks losing first-mover advantage in cannabis trade’

A global medical cannabis entrepreneur looking to enter new markets says South Africa stands to lose out on the opportunities that lie in the...

Are Shoprite, Pick n Pay, Spar, Woolies shunning black SMEs?

The Competition Commission has found that small enterprises owned by black people are finding it difficult to supply goods and services to large retailers. This...

Mandela’s Houghton home renovations grind to a halt

The project to renovate former president Nelson Mandela’s Houghton home has hit a snag.   The home, which is reportedly in ruins and in a deteriorating...

‘SARS tax on Shein and Temu deals huge blow to consumers’

Consumers have been dealt a serious blow, according to the SA Express Parcel Association (SAEPA), by the recent announcement from the SA Revenue Service...

SA must mitigate high debt and low growth risks 

By Bonang Mohale  Despite considerable easing in global inflation over the past year, the stickiness in core inflation has slowed the path to the 2%-3%...

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