Business
SARB says poor leadership harms financial sector
The South African Reserve Bank (SARB) has emphasised the importance of financial institutions having a solid succession plan, arguing that this leads to stability...
Supreme Court dismisses SARS appeal against African Bank
The Supreme Court of Appeal (SCA) hasdismissed an appeal application by South African Revenue Service (SARS) commissioner Edward Kieswetter in a case between the...
Illegal financial institutions mushrooming in the country
South Africa is experiencing a proliferation of illegal financial institutions, which have attracted the attention of authorities.
The South African Reserve Bank’s (SARB) prudential authority’s...
Omoda and Jaecoo vehicles smash sales expectations in June
Makers of Chinese car brands Omoda and Jaecoo are selling ahead of expectations, the general manager for South Africa revealed to Sunday World.
“Our goal...
Major shake-up for legal sector as new B-BBEE rules take hold
South African law firms are bracing for sweeping changes as the country’s Legal Sector Charter Council, headed by Christine Qunta, issues its first-ever official...
SCA gives business rescue practitioners full authority over ex-Gupta firms
The Supreme Court of Appeal (SCA) has ruled that directors of former Gupta-owned companies under business rescue had no authority to appoint lawyers to...
Proportion of psychopaths among business CEOs is higher than in jail
South Africa’s corporate world is facing a hidden crisis: toxic leadership at the highest levels.
“Almost 4% of business leaders may be psychopaths, with CEOs...
‘Chinese classify themselves as SA firms to score construction tenders’
The National Union of Mineworkers (NUM) has raised concerns that Chinese constructors classified themselves as South African companies when competing for lucrative construction tenders.
This...
NUM deputy president Vilakazi takes on boss Dan Balepile for top...
National Union of Mineworkers (NUM) president Dan Balepile is waging a battle against his deputy, who wants to unseat him from the top position.
The...
Cyril Ramaphosa urges private sector to hire youth as unemployment balloons
President Cyril Ramaphosa has called on the private sector to utilise the SA Youth Mobi portal, which is part of his presidential youth employment...
