MultiChoice retrenchments add to private sector jobs bloodbath

Kabelo Khumalo|Published

The jobs bloodbath gathered steam on Friday, with newly listed MultiChoice saying nearly 2 000 jobs were on the line at its call centre.

Looters at SA Express face theft charges

Kabelo Khumalo|Published

Forensic probe flags serious wrongdoing and erstwhile board members warned they will be prosecuted

Blackouts could have cost fiscus R11bn

Kabelo Khumalo|Published

Accounting body bases its assumption on the fact that load shedding may have cost SA economy R38bn by March.

S&P: Ramaphosa victory will boost growth

Kabelo Khumalo|Published

International ratings agency Standard & Poor?s yesterday bet on a President Cyril Ramaphosa-led ANC victory in next month's general election.

Slow pace of structural reforms stifles investment

Kabelo Khumalo|Published

The World Bank warned that low business confidence that is partly driven by the slow pace of structural reforms would hold up investment growth in SA.

OPINION: Eskom bound for demise under status quo

Kabelo Khumalo|Published

The unfolding horror at Eskom demands that the power utility must at some point face its Brexit moment.

Deloitte and KPMG in spotlight as accounting scandal unravels at Tongaat Hulett

Kabelo Khumalo|Published

The quality of auditing work of Deloitte and KPMG has once again been brought into question in the unfolding accounting scandal at Tongaat Hulett.

Implats profit of R2.1bn sees shares rise 7.92%

Kabelo Khumalo|Published

Impala Platinum's improved performance the result of higher rand PGM basket price

Rand rises as inflation dips to 7-month low

Kabelo Khumalo|Published

StatsSA says annual inflation slowed mostly for transport amid a sharp slowdown in the cost of fuels.

Sona, Budget and elections shape certainty

Kabelo Khumalo|Published

There need to be profound and lasting changes in several key areas of policy, says economist Raymond Parsons.

#WEF2019: SA in scramble to lure new investments

Kabelo Khumalo|Published

President Cyril Ramaphosa will next week go on a charm offensive at the World Economic Forum (WEF) as he scrambles to raise $100bn in new investments.

Exactly what does the ANC mean by unconventional?

Kabelo Khumalo|Published

INTUITIVE CRITERION: The party is myopic and misguided on what monetary policy can and cannot do, writes Kabelo Khumalo.

2019 will be a tough year for households

Kabelo Khumalo|Published

The majestic Durban festive ambience will do little to mask the economic hardships expected to gather steam in the new year.

Banks bear the brunt of weakened rand

Kabelo Khumalo|Published

Current account deficit widens amid fears that the trade truce between the US and China will be short-lived.

SA forecast to exit technical recession

Kabelo Khumalo|Published

Economists expect the third quarter GDP data due today to show that South Africa?s moribund economy exited its first recession since 2009.

SA huffs and puffs its way out of first recession in 9 years

Kabelo Khumalo|Published

The rand has cheered the decision of the SA Reserve Bank Monetary Policy Committee to hike interest rates for the first time since March 2016.

R3.2bn ‘Black Friday’ cheer for Capitec

Kabelo Khumalo|Published

Capitec Bank wins the race to buy Mercantile Bank in a R3. 2 billion deal.

SA sheds 69 000 jobs in second quarter of 2018

Kabelo Khumalo|Published

No relenting in SA?s bleeding of jobs as subdued economic activity and depressed business confidence constrain private sector employment growth.

Investec unbundling a windfall

Kabelo Khumalo|Published

Shareholders are set to receive shares in IAM in addition to their holdings in the bank.

Banks and business say #LandExpropriation will hurt economy

Kabelo Khumalo|Published

South African banks and the wider business community have closed ranks on the ruling party's plan to amend section 25 of the constitution.

We should reward whistle-blowers – SARB, Treasury

Kabelo Khumalo|Published

The fight against private-sector corruption may get a shot in the arm if recommendations in the draft 2018 Financial Markets Review are implemented.

SA in technical recession

Kabelo Khumalo|Published

The South African economy slipped into recession during the second quarter of 2018, shrinking by 0,7% quarter-on-quarter.

PMI data at its lowest in more than a year

Kabelo Khumalo|Published

The latest data from the troubled manufacturing sector painted a picture of a domestic economy in a weakened state.

TFG says it will not be bullied into higher rental fees

Kabelo Khumalo|Published

Fashion retailer the TFG group looks to redirect more of its capital expenditure into digital channels in the future.

Grant Thornton chief back after sex allegations dismissed

Kabelo Khumalo|Published

Serena Ho, chairperson of the governing board at Grant Thornton Johannesburg, says the company has policies for dealing with harassment complaints.