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Sassa’s R1 billion IT bill

Sassa’s R1 billion IT bill

The South African Social Security Agency (Sassa) currently has contracts with various information and communication technology service worth over R1 billion, a parliamentary reply has revealed.

Business - By News24Wire | 29 March, 2017
Sanlam announces big executive changes

Sanlam announces big executive changes

The Chief Executive Officer (CEO) of Sanlam Personal Finance (SPF), Hubert Brody, has confirmed he will step down on 31 May 2017 to attend more closely to his other interests.

Business - By Staff Writer | 29 March, 2017
Rand drops 6% in three days as markets wait for the Gordhan bubble to burst

Rand drops 6% in three days as markets wait for the Gordhan bubble to burst

While reports and rumours abound about the fate of finance minister, Pravin Gordhan, government officials remain mum on the topic, which has not helped the rand’s cause as a result.

Business, Finance - By Staff Writer | 29 March, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

Finance minister Pravin Gordhan is sticking to his guns as he faces attacks from three sides – Zuma, the Guptas and SARS – and the walls close in around him; even more weapons have been discovered in a Randburg building; and the Western Cape DA rallies behind Helen Zille.

Business, Government - By Staff Writer | 29 March, 2017
Government finally explains how it plans to take land in South Africa

Government finally explains how it plans to take land in South Africa

Minister of Rural Development and Land Reform Gugile Nkwinti has set out what to expect from the incoming land reform bill, and criticized recent comments by the ANC, saying that the country needs clarity on the ruling party’s current stance on land.

Business - By Staff Writer | 28 March, 2017
‘White monopoly capital’ is a lie – and distracting from SA’s real problems

‘White monopoly capital’ is a lie – and distracting from SA’s real problems

The truth is that capital has no colour or political affiliation – so no race or person can ever monopolise it. ‘White monopoly capital’ talk is a fabrication, experts say.

Business - By The Conversation | 28 March, 2017
Zuma set to sack Gordhan as rand continues to fall: report

Zuma set to sack Gordhan as rand continues to fall: report

The rand continued to lose ground against major currencies on Tuesday amid reports that president Jacob Zuma is set to axe finance minister, Pravin Gordhan.

Business - By Staff Writer | 28 March, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

South Africa is still reeling from Zuma’s unexplained recall of Gordhan from an investor roadshow; Zuma is dipping into the Gordhan vs Gupta court battle; anti-apartheid struggle veteran Ahmed Kathrada has passed away; and fear and panic over the DA coalition in Nelson Mandela Bay.

Business, Finance, Government - By Staff Writer | 28 March, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

Eskom’s acting CO must answer allegations that his step daughter benefitted from R1 billion worth of Eskom contracts; it’s Gordhan vs the Guptas in court again this week; the ANC really can’t find common ground on the land issue; and Zille will face the music over her tweets this week.

Business, Government - By Staff Writer | 27 March, 2017
The toughest 27 interview questions being asked by the world’s top companies right now

The toughest 27 interview questions being asked by the world’s top companies right now

Global recruitment company, Glassdoor, has updated its list of the toughest job interview questions, detailing the hardest questions being asked by some of the biggest companies in the world right now.

Business - By Staff Writer | 26 March, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

The ANC continues to fight itself from within; Helen Zille will not go quietly despite angering DA leaders; the State Security Agency is allegedly protecting a key suspect in the Chief Justice break-in; and stakeholders play the blame game in South Africa’s chicken crisis.

Business, Government - By Staff Writer | 24 March, 2017
South Africans are some of the most hard-working in the world

South Africans are some of the most hard-working in the world

New employment data shows that South African workers are some of the most hard-working in world, with discretionary effort levels double that of the global average.

Business - By Staff Writer | 23 March, 2017
Meet the ‘Boere Buffett’: South Africa’s newest dollar billionaire

Meet the ‘Boere Buffett’: South Africa’s newest dollar billionaire

Founder and chairman of PSG Group, Jannie Moutone has been listed as the newest dollar billionaire in South Africa by Forbes in its annual Billionaire List for 2017.

Business, Wealth - By Staff Writer | 23 March, 2017
Joburg mayor Mashaba is the real Donald Trump of the DA: legal experts

Joburg mayor Mashaba is the real Donald Trump of the DA: legal experts

Analysts and legal experts have accused Joburg mayor Herman Mashaba of channeling US president Donald Trump in using fear and discrimination to go after undocumented immigrants in the city.

Business, Government - By Staff Writer | 23 March, 2017
Looking for funding for your start-up? This is how much you can expect to get in Cape Town vs Johannesburg

Looking for funding for your start-up? This is how much you can expect to get in Cape Town vs Johannesburg

New data in the Global Start-up Ecosystems report for 2017 reveals how much early-stage funding the average start-up in Cape Town and Joburg can expect.

Business, Finance - By Staff Writer | 22 March, 2017
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