mobile menu mobile search

Finance

Finance

These government departments pay the highest average salaries

These government departments pay the highest average salaries

Data published by StatsSA finds that South Africa’s 47 national government departments spent R137 billion on compensation of employees during the 2015/16 fiscal year.

Finance - By Staff Writer | 23 June, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

President Jacob Zuma believes he is doing an excellent job, and is at the top of his game; Parliament joins Absa and SARB in taking the Public Protector report on review; even with a secret ballot, and early exit for Zuma is no easy task, analysts say; and metered taxis and Uber go to war in the streets.

Finance - By Staff Writer | 23 June, 2017
Naspers eyes U.S. dollar bond issue

Naspers eyes U.S. dollar bond issue

Naspers has announced that it is considering the possibility of an international USD bond offering through its wholly-owned subsidiary, Myriad International Holdings B.V. (“MIH B.V.”).

Finance - By Staff Writer | 22 June, 2017
Jasco appoints executive directors

Jasco appoints executive directors

JSE-listed Jasco Electronics has appointed Thapelo Petje and Samantha Samuels as executive directors to the group.

Finance - By Staff Writer | 22 June, 2017
Curro acquires Southern Business School

Curro acquires Southern Business School

Curro, through its wholly owned subsidiary, Stadio, has entered into an agreement to acquire 74% of the issued share capital of SBS, which will hold a 51% interest in Southern Business School of Namibia.

Finance - By Staff Writer | 22 June, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

The Constitutional Court is expected to deliver its judgement on the secret ballot case today; a “white monopoly capital” fake news site has been traced back to the Guptas; Gauteng metered taxis plan to go on strike today; and #socialmediablackout at least caught the government’s attention.

Finance - By Staff Writer | 22 June, 2017
These are the 6 stocks helping hold up the JSE right now: report

These are the 6 stocks helping hold up the JSE right now: report

Foreign investors are pulling out of the South African market at an alarming rate, but instead of sending the JSE into a spiraling decline, the index has maintained its strength primarily due to just two stocks.

Finance - By Staff Writer | 21 June, 2017
South Africa is scaring investors away, ratings firms warn

South Africa is scaring investors away, ratings firms warn

Global ratings agency Moody’s has joined Fitch and S&P Global in issuing a warning to South Africa that its latest actions are pushing the country’s growth prospects in the wrong direction, and putting its sovereign debt rating at risk.

Finance - By Staff Writer | 21 June, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

The ANC rejects the Public Protector’s call to change the Constitution; newest leaks show the ANCYL and MK Veterans caught in the Gupta web; and mineral resources minister Zwane says its unfair to label him and other ministers corrupt based on the Gupta leak ‘allegations’.

Finance, Government - By Staff Writer | 21 June, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

The Reserve Bank governor says inclusive growth is already part of its mandate; Fitch warns SA’s new mining charter will chase away investors; Absa will fight the R1.1 billion ruling; and economists and analysts agree: Zuma is to blame for tanking South Africa’s economy.

Finance - By Staff Writer | 20 June, 2017
Rand wobbles as Reserve Bank independence “live wire” touched

Rand wobbles as Reserve Bank independence “live wire” touched

The rand lost 1.5% against the dollar to R13.00 afternoon as the market reacted negatively to news that the Public Protector wants the Constitution changed to shift focus onto “economic transformation” at the cost of currency security.

Business, Finance - By Staff Writer | 19 June, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

Zwane’s new mining charter wiped R50 billion from the sector, leaving investors angry and confused; the EFF are heading to court to get the Guptas’ citizenship revoked; Ramaphosa concedes that the ANC and South Africa are not in a great place; and Brown turns on Molefe and the Eskom board.

Business, Finance, Government - By Staff Writer | 19 June, 2017
Gigaba wants off the Gupta train – but it may be too late: report

Gigaba wants off the Gupta train – but it may be too late: report

Finance minister Malusi Gigaba is reportedly compiling a dossier of evidence showing how he is not under the thumb of the Gupta family – but his opponents say that the horse has bolted, the City Press reports.

Finance, Government - By Staff Writer | 18 June, 2017
2017 tax season made easy

2017 tax season made easy

The 2017 tax season will open for individuals on 1 July, and SARS has released some handy tips and information to make the process pain free for taxpayer.

Finance - By Staff Writer | 17 June, 2017
The biggest mistakes young South African investors are making

The biggest mistakes young South African investors are making

Millennials may still be in danger of making some of the same mistakes as their parents when it comes to investing and planning for their retirement.

Finance - By Staff Writer | 16 June, 2017
Join our newest FREE BusinessTech newsletter today!
×