EL women up for top award

Two East London businesswomen have been short-listed for the prestigious Businesswoman of the Year awards at the Sandton Convention Centre later this year. Johnson and...

Rand perks up ahead of Constitutional Court ruling on secret ballot

The rand perked up on Thursday morning‚ pushing through the psychological level of R13 to the dollar‚ ahead of the Constitutional Court’s ruling on...

Rural areas attract top retailers

The rural rand is growing in power and big retailers and mall developers have recognised this growth. Developers were on a drive to expand in...

Rand weakens after public protector calls for Bank to ditch currency protection

The rand was weaker against major global currencies on Monday afternoon‚ after risk spiked following a call by Public Protector Busisiwe Mkhwebane for a...

Staying relevant and beyond: Businesses must embrace cutting-edge technology

Pizza-delivering drones, driverless and flying cars, insect protein and free super-speedy WiFi is the future that businesses should be preparing themselves for. This is what...

Embrace change or become irrelevant

South African companies that are out of touch with the very specific needs of their millennial customers and ignore the realities of the rapidly...

Embrace change or become irrelevant- Top speaker outlines profile of demanding millennial client

South African companies that are out of touch with the very specific needs of their millennial customers and ignore the realities of the rapidly...

Gigaba says there’s still enough time to fix ailing economy

Finance Minister Malusi Gigaba says there’s still enough time to turn the economy around despite the country having slipped into a recession. Gigaba said government...

Secret to relevance: be adaptive

A version to change leads to irrelevance in the ever-changing business arena. This will be the chilling but critical message of trend and business analyst...

Sikhakhane has finger on business pulse

In South Africa’s tough economic and political climate, business owners need to look inwards to reflect on the action they can take to adapt...

Accept the world of robots, 3D – or ‘get left behind’

Business in Buffalo City’s automotive, agricultural and manufacturing sector which do not prepare for future technological “disruptors” like robots and 3D printing may be...

Top roleplayers to attend strategic business summit in Buffalo City

The first Daily Dispatch Strategic Business Summit will be held next week with the theme “South Africa: The Next Five Years”. Recent events in South Africa...

Fuel prices drop this week

South Africa can expect a relatively small drop in fuel prices on Tuesday at midnight with the biggest fall coming in liquefied petroleum gas...

‘We smell a rat’ – says Numsa on General Motors’ pull-out from SA

The National Union of Metal Workers of South Africa (NUMSA) says it will be consulting lawyers regarding General Motors’ (GM) announcement to pull its...

Masutha and Gigaba in talks on reviving special Fica advisory council

Justice Minister Michael Masutha is in talks with Finance Minister Malusi Gigaba over the restoration of the special advisory council which was legislatively provided...

Gigaba re-enters legal battle with Oppenheimer aviation company

Finance Minister Malusi Gigaba has re-entered a legal battle between the Department of Home Affairs and Oppenheimer aviation company Fireblade over a rejected application...

Mthatha park project to boost jobs

The first phase of the Vulindlela Industrial Park was launched this week following a R22-million upgrade of the park’s infrastructure in Mthatha. The move is...

Molefe didn’t resign – he retired‚ says Eskom

Former Eskom chief executive Brian Molefe did not resign but asked for an early retirement package after less than two years at the helm...

Irate Kuga owners still await answers as probe deepens into Ford

Ford Kuga fire victims are furious with the National Consumer Commission over the silence around its investigation into the global car manufacturer. But‚ says the...

Rand weakens as US confirms business tax rate drop to 15%

The rand lost more than 20c in late afternoon trade on Wednesday after the dollar gained on speculation US President Donald Trump’s expected tax...

Top Transnet post for port boss – Chamber lauds Brown’s hardwork

Jacqueline Brown, the East London port manager, is leaving the city to take up a Transnet head office position in Johannesburg, the port’s spokesman,...

Uncertainty over radical economic transformation ‘slow poison’ for investor confidence

Recent changes in government policy are driving a sharp decline in uncertainty among investors‚ an index published by North West University (NWU) shows. The NWU...

SA to get world’s first biometric credit cards

South Africans will be the first in the world to use biometric credit cards. Mastercard will introduce the technology by the end of the year‚...

Petrol prices expected to spike next month

Fuel price hikes will be the first major expense to hit South Africans in the wake of a weaker rand‚ the Automobile Association of...

Banks downgraded but not to worry

Standard & Poor’s yesterday downgraded its ratings for seven local banks to junk status following its decision to rate the country’s foreign debt as...

SA’s sovereign credit rating downgraded to junk status

S&P Global Ratings cut South Africa’s sovereign credit rating to junk status on Monday following an emergency meeting over the weekend. The ratings agency decided...

Bonds weaken as the rand loses 30c against the dollar

The South African bond market was weaker at midday on Monday after the rand lost 30c against the dollar in choppy trade. Bonds yields have...

BCM gets high marks in the financial stakes

They may be in and out of court over business shenanigans and caught in the middle of bizarre council faction fights, but this week...

On the drive for changing the future

Black entrepreneurs who joined a predominantly white business network franchise in East London on Thursday night said they needed to move on and do...

SARS has not yet paid almost R20bn worth of VAT refunds

The total value of VAT refunds‚ which had not been refunded by the South African Revenue Service (SARS) by end-February amounted to R19.6bn of...

R69m CitiBank ‘collusion’ settlement under the spotlight

The Competition Commission on Wednesday failed to disclose the percentage of its turnover the company will be paying as a fine. This happened at a...

Top EL company enters mageu drinks market

A leading Eastern Cape dairy is spending R10-million on getting into the traditional maize drinks market. Sundale Free Range Dairy, based in the East London Industrial...

Small decrease in grocery prices

In the wake of Finance Minister Pravin Gordhan’s budget speech last week in which he introduced new tax measures that target the rich and...

Ford extends warranty of ‘inf(l)amous’ Kuga by two years

In a bid to reassure and compensate Kuga owners and off-set the plummeting value of the inf(l)amous SUV‚ Ford South Africa has extended its...

BUDGET 2017: Bittersweet reaction to Gordhan’s remarks on sugar tax

Finance Minister Pravin Gordhan’s promises to have further consultations before the sugar tax is implemented has industry delighted. At the same time the reduction in...

Budget 2017: Overburdening wealthy South Africans could hurt economy – Seeff

The growing tax burden for the wealthy is a concern‚ says businessman Samuel Seeff. “While the increase in taxation of the wealthy in the form...

Pushing for tenders

Eastern Cape business sector is taking Premier Phumulo Masualle’s ambitious policy which will enforce that at least 30% of government tenders be given to...

‘Fix my empty wallet’: SA delivers Budget tweets to Gordhan

Minister of Finance Pravin Gordhan will deliver his highly anticipated Budget speech in Parliament on Wednesday. South Africans wasted no time in sharing their...

Relief for consumers on cards

Slight relief for consumers is on the cards as the effects of the drought are starting to improve. While maize meal prices increased sharply from...

Get lost‚ EFF tells banks accused of rand price fixing

The Economic Freedom Fighters has called for 17 banks involved in alleged price manipulation of the rand to be stripped of their licences. The party...

Fear of cabinet reshuffle outweighs firming on JSE in precious metals shares

The JSE drifted lower on Tuesday on fears that President Jacob Zuma’s state of the nation address would be a prelude to a cabinet...

Kuga owners claim they were told by dealers Resall Jimmy’s death was a suicide

Kuga owners claim staff at dealerships that they take their cars to for the safety recall have told them that Reshall Jimmy’s death in...

Ford Kuga sales drop by 50%

Ford Kuga SA sales plummeted by 50% in January compared to the previous month as consumer outrage grew over continuing reports of the family...

Pravin Gordhan rebuffs Black Land First over Bankorp court action

Finance Minister Pravin Gordhan has hit out at pressure group‚ Black Land First (BLF)‚ which lodged a court application to force him to comply...

What Ford SA should have done

Ford SA has suffered huge damage to its reputation thanks to its poor handling of the crisis involving some of its Kuga cars. The global...

WATCH: ANCYL storm Absa branch in Durban CBD

Protesting ANC Youth League members stormed into an Absa branch in Durban on Thursday‚ demanding that the bank pay back the money. About 150 Youth...

Reserve Bank leaves repo rate unchanged AT 7%

The Reserve Bank held interest rates steady‚ as widely expected‚ on Tuesday‚ at the monetary policy committee’s first meeting of the year. While economists have...

More than 2000 Kugas taken in since recall announced

Just two days after the Kuga recall by Ford SA‚ more than 2000 SUVs have been taken in to dealerships across the country. Ford SA...

Arno on drive into Merc post

Arno van der Merwe, East London’s surfing son who became the city’s top automobile manufacturing executive, is to run the largest Mercedes-Benz passenger car...

Stores expect sober spending

Black Friday sales triggered holiday shopping frenzies last week, but mall managers predict prudent shoppers will spend more on essentials than luxury items this...