‘Vodacom‚ I hope you’re having the worst day’ – Customers vent after data ‘theft’

Mobile network provider Vodacom has promised to reimburse customers who mysteriously lost data and said the error would be rectified. But the apology did little...

Banks may still not touch New Age accounts

Banks may still be cautious about allowing The New Age or ANN7 to open bank accounts for businesses purposes‚ even after the Guptas have...

‘Your jobs are safe‚’ Guptas tell staff

Staff at the Gupta-owned ANN7 and The New Age have been told that their jobs are safe following the announcement that Oakbay are pulling...

Six companies face possible prosecution over employment equity

The Department of Labour’s Inspection and Enforcement Services branch has announced its intention to take six companies to court for prosecution for failure to...

Guptas sell media businesses to Manyi

The Guptas have agreed to sell their shares in The New Age newspaper and ANN7 channel to Lodidox‚ owned by Mzwanele Jimmy Manyi‚ for...

JSE opens firmer on upbeat Standard Bank interims

The JSE opened firmer on Thursday‚ supported by Standard Bank and Gold Fields on upbeat results and a positive trading update from troubled cement...

SAA’s small business procurement policy ‘illegal’

SAA's procurement policy‚ which sets aside 30% for small businesses‚ is illegal and will expose the airline to legal action by suppliers‚ including Bidair...

Entrepreneurs gather in EL to map their way to success

The  “I am an entrepreneur” business summit was in East London for its fourth session over the weekend, connecting over a hundred young entrepreneurs. The...

Rand perks up on improved global risk appetite

The rand was a shade stronger on Monday morning‚ partly reflecting an improvement in global risk appetite. In the absence of fresh developments in the...

KPMG acts against three partners over Gupta leaks disclosures

"Mistakes have been made‚" KPMG SA said on Friday. The auditing firm announced it had suspended its lead audit engagement partner and was relieving...

Bonds strengthen slightly as investors await signs of Zuma’s political future

South African bonds reversed from earlier weakness and were marginally firmer shortly before midday on Tuesday‚ as markets eyed the no-confidence vote in President...

Rand weakens slightly ahead of Baleka Mbete’s call on MPs’ vote

The rand was weaker against the dollar on Monday just before midday‚ after trading sideways earlier in the day. The local market was awaiting the...

Reserve Bank asked to release ‘apartheid-era’ secrets

The South African History Archive (SAHA) is going to the High Court in Johannesburg on Friday to compel the South African Reserve Bank to...

Chamber of Mines in court on Friday over new mining rights

The Chamber of Mines said on Thursday charged that the Department of Mineral Resources (DMR) Head Office has instructed all its regional offices to...

Top trends analyst comes to rattle EL’s business cages

Fashion guru turned trends forecaster Dion Chang will soon be rattling the cages of East London’s business and education communities with a groundbreaking talk...

Mkhwebane’s concessions on Reserve Bank mandate not enough‚ court told

Judge John Murphy on Tuesday reserved judgment in the High Court in Pretoria in a matter pitting the Reserve Bank against Public Protector Busisiwe...

Ceremony honours women of power

Fearless and resilient businesswomen who have made an impact on their communities and on the economy of the Eastern Cape were celebrated at the...

Bonds slightly weaker as focus shifts to economic data

Bonds were marginally worse shortly before midday on Monday‚ tracking the weaker rand as focus shifts to local and international data releases this week. Analysts...

Petrol price to increase by 19c per litre

Bad news for consumers is that the petrol price is to increase by 19 cents a litre next week on Wednesday. This is for both...

SA needs to think outside the box to boost the economy‚ says top economist

South Africa needs to start exploring non-traditional methods of boosting the economy‚ according to award-winning economist Nico Kelder. Speaking at the Gauteng Infrastructure Investment Conference...

R1.3m prize to help small, medium businesses

Black-owned small and medium enterprise businesses that have been operating for more than two years stand a chance to win up to R1.3-million in...

Rand flat after Fed-inspired overnight rally

The rand was little changed against major currencies on Thursday morning‚ holding on to gains from a rally last night as the dollar slid...

Where did Eskom’s R1 trillion go?

Eskom wants consumers to cough up more for electricity‚ but a lobby group has raised questions about how the power utility has spent hundreds...

Bonds slightly weaker ahead of Fed’s policy statement

South African bonds were slightly weaker on Wednesday morning as investors await the US Federal Reserve’s policy statement later in the day. The Fed is...

Consumers go the extra mile to save on meat

By: Naledi Shange And Kgaugelo Masweneng More people are ditching the butchery aisle in retail stores‚ cutting out the middle man and turning to bulk...

ANC has nowhere left to hide after state capture allegations‚ says Gobodo

Winds of change are sweeping South Africa and the African National Congress ruled government will get left behind if it does not shape up‚...

Despite the recession‚ now might be the best time to buy a new car

This may not seem like a wise time to buy a brand-new car‚ but if you’re toying with the idea‚ the numbers suggest that...

Rand pares some of its losses‚ despite slower pace of inflation in June

The rand was marginally weaker against major currencies shortly before midday on Wednesday‚ but had regained some strength despite consumer inflation moderating in June‚...

Rand holds steady ahead of Reserve Bank meeting

The rand was little moved on Monday morning‚ but retained its hefty gains from last week in price action that underscored the local currency’s...

Bonds slightly firmer ahead of US inflation data release

South African bonds were slightly firmer on Friday morning as global markets awaited the release of US inflation data later in the afternoon. US inflation...

Gigaba plans selling some assets and partial privatisation of SOEs to pull the economy...

By: Sunita Menon With Linda Ensor Finance Minister Malusi Gigaba has released an action plan for the economy with firm timelines‚ which includes developing a...

Pakati joins top SA delegation for China talks

Buffalo City Metro mayor Xola Pakati is part of a high-level delegation which will be spending the next two weeks in China, as part...

Bonds hold steady ahead of Janet Yellen’s testimony

The South African bond market settled into a narrow trading range on Wednesday‚ suggesting caution before US Federal Reserve chairwoman Janet Yellen’s testimony to...

COMMENTARY: Mkhwebane learns some lessons after Reserve Bank standoff

Public Protector Busisiwe Mkhwebane must have learnt her first important lesson since she took office in November last year — that holding office doesn’t...

Butter shortage hits

You can have your bread and eat it‚ but don't expect butter or bacon. Butter is in short supply worldwide due to consumers' love of...

Rand battles to recover from calls to nationalise the Reserve Bank

The rand was slightly firmer against the dollar on Monday morning but failed to strengthen to the levels seen last week before calls were...

JSE slumps on lower global markets as ECB prepares for monetary policy change

The JSE opened lower on Friday as the local market followed weaker global markets. It lost ground on the increased reality of further interest-rate...

Bell Pottinger apology shot down in flames

UK public relations firm Bell Pottinger’s apology for an offensive social media campaign in South Africa is “insufficient and totally unacceptable”‚ says the Save...

Rand remains on weakening path

The rand was weaker against major currencies shortly before midday on Thursday‚ following the ANC’s proposal on Wednesday to nationalise the Reserve Rank. The local...

Rand loses ground as ANC policy meeting approaches finish line

The rand weakened against major global currencies shortly before midday on Wednesday‚ with the pending outcome of the ANC national policy conference adding to...

SABC holds thumbs for R1-billion government rescue

The South African Broadcasting Corporation (SABC) is anxiously awaiting the outcome of its government guarantee request to the Treasury‚ amid concerns that SA’s credit...

Italian firm empowers residents

Italian-owned MA Automotive tool and die company has invested R350 000 to create job opportunities for their employees relatives’ and a portion of the...

Rand weakens slightly as ANC conference continues

The rand pared earlier gains but was little changed against major currencies shortly before midday on Tuesday‚ as global growth sentiment supported emerging markets...

Bell Pottinger probed for stoking racial tension in SA

An international public relations association has launched an investigation into allegations that UK spin machine Bell Pottinger promoted racial hatred in South Africa. Bell Pottinger‚...

Registration of KPMG at risk over Gupta audit

KPMG auditors responsible for the audit of Gupta-owned Linkway Trading risk losing their designation as registered auditors if an investigation by the profession’s regulator...

Deal ‘honestly and swiftly’ with state capture allegations‚ says Patel

The state capture allegations should be dealt with "honestly and swiftly" as part of the plan to put SA on the economic level it...

Rand stuck in a tight range as market keeps an eye on ANC policy...

The rand was steady against major global currencies on Monday morning‚ stuck in a tight range as the ANC policy conference continued. The party’s fifth...

Gigaba moots penalties for tardy SOEs

Finance Minister Malusi Gigaba says the country needs developmental coalitions if it is to undertake the drastic measures required to recover economically. Speaking at a...

So CEO salaries are ‘obscene’? What now?

Should the government cap CEOs’ pay? Should shareholders be more active? Should key assets be nationalised? These are some of the questions being asked after...

Minister wants SABC promotions probed ‘in house’

The Special Investigating Unit (SIU) should not be bogged down by investigating promotions‚ appointments and salary increases at the SABC‚ Communications Minister Ayanda Dlodlo...