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Wednesday, July 8, 2020

AEEI maintains strong balance sheet

CAPE TOWN - Diversified investment group African Equity Empowerment Investments (AEEI) maintained a strong balance sheet with significant cash resources and minimal debt in...

SAA left with choice between wind-down or liquidation, say business rescue practitioners

PORT ELIZABETH, April 23 - The business rescue practitioners (BRPs) appointed to implement a rescue plan for national carrier South African Airways (SAA) have...

South Africa In A Drive To Forcibly Suppress Wages?

By: Hadebe Hadebe The interesting development in the last two or so years is what appears to be a conscious attempt to ‘rigiditize’ wage structure...

Gas will give South Africa energy flexibility, Mantashe says

CAPE TOWN, November 5 - Mineral Resources and Energy Minister Gwede Mantashe on Tuesday urged investors at the Africa Oil Week in Cape Town...

WATCH: JSE is potentially doing the entire country a disservice – Survé

CAPE TOWN – The Johannesburg Stock Exchange (JSE) needs to “honestly” transform. The JSE is anti-transformation. The Sekunjalo Group (Sekunjalo) strongly believes this to be...

Moody’s downgrades SA to junk status

CAPE TOWN, March 28 - Moody’s Investors Service's decision to downgraded South Africa to junk status could not have come at a worst time...

KPMG appoints Gosego Motsamai as first female partner in Botswana

JOHANNESBURG, April 12 - Executive chairman of audit firm KPMG Southern Africa, Professor Wiseman Nkuhlu, announced on Friday that Gosego Motsamai has been appointed...

Sasol Crash: Government, PIC loses about R200bn in one week

CAPE TOWN – Multinational chemicals and energy giant Sasol this past week suffered the worst rout in value than any other JSE-listed company after...

Plot to ‘hijack’ R2bn Sassa tender

By: The Sunday Independent JOHANNESBURG- Communications Minister Stella Ndabeni-Abrahams has apparently turned a blind eye to an alleged plan by some South African Post Office...

#SONA2020 – Ramaphosa backs use of pension funds to rescue Eskom as he vows...

PARLIAMENT, February 13 - Facing crises all round, President Cyril Ramaphosa on Thursday decreed 2020 his government's year of tending to the fundamentals required...

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