Bungling at Icasa in the spotlight
Fresh questions about bungling at telecoms regulator Icasa as Vodacom gears up to fight regulator’s claim of R77.8m for alleged licensing fee arrears
Labour
Platinum jitters as turf war flares in Marikana
Platinum companies remain on edge, with tensions raised by Anglo American Platinum’s plan to retrench 6,000 workers to remain profitable
Business
Gym chains move up, down and into Africa
The gym business is largely recession-proof in South Africa — and now the country’s two big chains are taking aim at lower-income groups
Trade & Industry
Clucking in chicken coop as import row hots up
Feathers fly as spat over import duties on chickens imported into SA heads to court
National
Sanral ‘refuses’ to disclose Winelands toll costs, says City of Cape Town
Democratic Alliance-led City of Cape Town proves to be latest stumbling block for roads agency’s bid to toll particular roads
Telecoms & Technology
Cell firms spend big on data capacity
Mobile companies Vodacom, MTN and 8ta have ploughed more than R50bn into upgrading their networks, as consumers use more data than ever
Business
Private sector ‘must honour commitment to economic inclusion’
Deputy Economic Development Minister Hlengiwe Mkhize says companies must not merely pay lip service to policies intended to make economic growth more inclusive
Why Fastjet failed to take flight
Glitch with Fastjet’s website scuppers local launch date of the low-cost carrierLabour
Amcu leader says union will ‘bring economy to standstill’
Joseph Mathunjwa also demands to meet president, says ANC is ignoring violence against its members in the platinum belt
National
Report calls for listing of some state companies
Call for greater mix of debt and equity finance surprises analysts
Business
WEF report highlights importance of industrial policy for manufacturing
World Economic Forum-Deloitte survey finds business wants stronger energy and infrastructure policies, focus on science and technology education
Land & Agriculture
Documents seized from Smit Amandla Marine
Documents relate to contract for management of patrol vessels belonging to Department of Agriculture, Forestry and Fisheries
Business
Call to align utility prices with nation’s growth objectives
Business confidence in manufacturing sector ‘stable’ during first quarter, according to Manufacturing Circle survey
Mining
Spot gold’s sixth fall in a row weighs on struggling miners
Falling spot gold price hurts gold miners that are so far worst performers in resources and broader all-share indices of JSE
Labour
Business as usual at all operations, says Amplats
Threatened strike in Rustenburg fails to materialise, while Tumela underground sit-in ends, says Anglo American Platinum
Labour
Workers ‘divided’ over how to tackle Amplats’ bid to cut thousands of jobs
Amid mayhem and threat of strike action, platinum miner’s shares take a beating
Business
Tax move may end usefulness of trusts
Dividend withholding tax proves obstacle for estate planners, writes Ruan Jooste
Business
Davies to negotiate recapitalisation of empowerment fund
Trade and Industry Minister Rob Davies to engage Treasury on recapitalising government’s National Empowerment Fund
Business
Time to research administered prices, Manufacturing Circle warns
Supply constraints, low global demand continue to haunt South African manufacturers battling rapid-fire administered price increases
More than 15,000 tax practitioners need to find new professional home
South African Revenue Service says more than half the 38,000 practitioners registered with SARS already belong to five controlling bodies recently granted recognitionTrade & Industry
SA’s business ties with other countries key to growth, says Radebe
Justice and Constitutional Development Minister Jeff Radebe speaks at South African Turkish Business Association’s Business Awards
Management
Rupert wants to be ‘master of own time’
Johann Rupert, billionaire chairman of Richemont, will take a year-long sabbatical in September
Industrials
Coega Development Corporation battles to unlock full development potential
Coega remains upbeat on industrial zone despite slow start, writes Alistair Anderson
Industrials
Naamsa paints ‘positive picture’ of SA motor industry
However, its full-year predictions for automotive production appear to factor in some kind of labour disruption in the industry during third quarter
Labour
Amplats management to meet protesting workers
Peaceful sit-in at Thabazimbi mine has not affected production, says Anglo American Platinum, while Lonmin workers return to work
Business
Single business registration already in the works, says Manuel
Planning Minister Trevor Manuel says first phase of combining data from SARS, Companies and Intellectual Property Commission and Stats SA began on May 4
In depth: Brics
News, views, analysis and multimedia coverage of the Brics
nations and their annual summit in Durban
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