Business
Stakes raised in Mid-East talks
Iran moved to close the Strait of Hormuz yesterday, before planned talks with the US in Switzerland, with its military saying the closure was...
Chamber warns new mine rules could repel investors
Mozambique’s new law requiring the state to have a 15% stake in all mining ventures could deter foreign investment, an industry executive said.
The southern...
PIC refers Acupulco BEE transaction to SIU after PwC uncovers new...
The Public Investment Corporation (PIC) will refer the Acupulco investment transaction to the Special Investigating Unit (SIU) after a legal review of findings from...
SARB opens vault of history to inspire future economists
President Cyril Ramaphosa has officially launched the South African Reserve Bank museum, unveiling a space that blends economic education with cultural heritage and deep...
Fight against B-BBEE shows remnants of racism – Godongwana
Finance Minister Enoch Godongwana has described the fight against broad-based black economic empowerment (B-BBEE) as racist.
Speaking at the Nedbank Top Empowerment Conference at Sandton...
Slow growth and disputed ownership figures expose cracks in transformation
Nedbank chief operating officer Mfundo Nkuhlu has challenged South Africa to move beyond compliance-driven transformation, warning that without economic growth, transformation risks becoming a...
Tongaat Hulett survival deal preserves 250K jobs
Tongaat Hulett has taken a step towards recovery after reaching an agreement with the Industrial Development Corporation (IDC) and the Vision Group, easing fears...
Fuel prices cause surge in inflation to 4.5%
Inflation has sharply increased to 4.5% in May compared to 4% in April.
This is the highest rate since July 2024, when it was 4.6%.
On...
Parks Tau: R700bn on BEE yet gap in economic impact
The black economic empowerment (BEE) framework has seen more than R700-billion changing hands, but concerns have been raised about its impact on the economy.
Speaking...
SMEs rethink staff protection as cost pressures mount
Small and medium-sized enterprises (SMEs) are being forced to rethink how they protect both their businesses and employees as rising costs continue to squeeze...
