Business
Coal company hits back at ‘delusional fanatasist’ CEO allegations
Liberty Coal has fired back in a heated exchange with Mantengu Mining CEO Michael Miller, calling his recent criminal allegations against the company “delusional...
High number of European firms crumble due to insolvencies
The number of corporate bankruptcies in Western Europe was at its highest level last year since 2013, the credit agency Creditreform reported on Tuesday.
The...
Limpopo SEZ CEO Solly Kgobong denies allegations of favouritism
The interim CEO of Fetakgomo-Tubatse SEZ, Solly Kgopong, has dismissed claims by the Steelpoort SMMEs that there are companies that get more than one...
How to regain financial control after Easter holiday splurge
Data from FNB recently revealed that most South Africans, in the lead-up to and during the Easter period, tend to spend more on general...
Treasury scrambles to reverse VAT increase
The clock is ticking for the Treasury to determine whether re-tabling the national budget could serve as a potential solution to avert a recently...
Absa fined millions for lack of verification on politically exposed persons
The Reserve Bank’s Prudential Authority has slapped Absa Bank with a R10-million administrative sanction for various transgressions.
“The administrative sanctions imposed on Absa are due...
Finance Minister Enoch Godongwana cancels VAT increase
Finance Minister Enoch Godongwana has instructed the National Treasury not to increase the value-added tax (VAT) from the beginning of May.
The Finance Ministry confirmed...
Court scraps R1bn IT contract awarded to Robert Gumede’s firm
The Gauteng High Court has scrapped a R1-billion IT contract awarded by South African National Parks (SANParks) to Gijima Holdings, led by tycoon Robert...
(ICYMI)TymeBank to cash in on ZCC Moria Easter pilgrimage
The Patrice Motsepe-owned TymeBank is banking on the Zion Christian Church (ZCC) Moria Easter weekend pilgrimage to grow its client book.
For the first time...
Finfluencers growth shows ordinary folk are reaching out for financial advice
The Financial Sector Conduct Authority’s (FSCA) crackdown on the growing legion of unregulated social media financial influencers or finfluencers can be seen as a...