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Edcon CEO Jürgen Schreiber

Bain Capital’s Edcon in talks for another SA credit provider

6 hour(s) ago

Edcon is in talks to secure secondary credit provider after collapse of African Bank Investments this year, its CE says

National

Cabinet approves plan to ensure departments adhere to local procurement policy

Justice and Constitutional Development Minister Jeff Radebe addresses the National Assembly on 'Guptagate' on Wednesday. Picture: TREVOR SAMSON
9 hour(s) ago

Cabinet approves implementation of programme to ensure compliance by government departments with policy on procuring goods, services from local suppliers

Energy

Department of energy delays frustrate power producers

Picture: THINKSTOCK
18 hour(s) ago

Renewable energy independent power producers are concerned that the latest round of successful bids have still not achieved financial closure, creating uncertainty over planned investments in the sector

Business

Tax man mulls new transfer pricing law

Picture: THINKSTOCK
19 hour(s) ago

Also under consideration is the creation of a legal framework for advance pricing agreements with corporate taxpayers

Business

Lower-cost SA eyes outsource centre markets

Picture: THINKSTOCK
18 hour(s) ago

The market is small at the moment and good growth is predicted, says expert

Trade & Industry

SA leads Africa in illicit trade in tobacco

Picture: REUTERS
1 day(s) ago

Tobacco Institute of Southern Africa says more than R20bn in tax revenue has been lost in SA since 2010 due to illicit trade in tobacco

African Business

Ex-CE of Ellerines at helm of Zimbabwe’s Innscor

Picture: THINKSTOCK
1 day(s) ago

Former CE of failed furniture retailer heads largest fast food, retail group in Zimbabwe, but has to shuttle between two countries because he has no work permit

Energy

SA’s firms would play role in nuclear build

POWER GENERATION: French nuclear group Areva built the two nuclear reactors in operation on the Koeberg site in the Western Cape.
1 day(s) ago

Government has already signed co-operation agreements with Russia, China, France and South Korea

Picture: FINANCIAL MAIL

Buying patterns of fresh produce suggest ‘local is still lekker’

Most consumers make it clear they will not pay more for a local product just because it is produced in SA, says Pick n Pay executive

Industrials

Tribunal goes easy on struggling Civcon

Picture: THINKSTOCK
18 hour(s) ago

Company undergoing a business rescue when it heard about the investigations

Mining

Moody’s sees further pressure for base metals

Picture: REUTERS
1 day(s) ago

Copper, nickel and zinc are expected to trade within the price ranges seen this year over the next 12-18 months

Seifsa

Business nails it with Seifsa-PIPs

Picture: SEIFSA
13 day(s) ago

Decision to transform Seifsa-PIPs subscription has led to growth in new subscribers, positive feedback from users, increased inquiries

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Opinion

Banks and leaders must work to resolve land issue

The land restitution issue, if it not addressed, will continue to be a thorny issue in our country

Picture: THINKSTOCK

Excessive spending could cause a ‘debt hangover’

The credit health of consumers is already bad, but lending conditions have tightened significantly

Mining

Miners set up group to address compensation for sick workers

A worker underground at Beatrix gold mine. Picture: SOWETAN
2 day(s) ago

Five large companies establish working group to deal with compensation, medical care for diseases incurred while working in gold mines in SA

Business

Axed Cape commerce chamber CE to fight decision

Ruben Richards. Picture: CAPE CHAMBER OF COMMERCE
1 day(s) ago

Ruben Richards says he learnt of his imminent dismissal on October 29 and had to be out his office the next day

Business

Cape Town needs ‘more affordable housing in city centre for CBD to thrive’

Cape Town at night. Picture: THE TIMES
2 day(s) ago

Cape Town Partnership is pushing for construction of more affordable housing in city centre and surrounds in bid to make central business district more sustainable

Retail & Consumer

Food, beverages industry income up in September

Picture: THINKSTOCK
3 day(s) ago

Total income also increases 6.2% in third quarter of 2014 compared with third quarter of 2013

Opinion & Analysis

Cell C banner just the start of SA’s consumer backlash

The  banner  that took aim at Cell C, sponsored by disgruntled customer George Prokas. Picture: SUNDAY TIMES.
3 day(s) ago

If service standards deteriorate further, increasingly antagonistic consumers, screaming that they ‘cannot take it any more’, may declare war, writes Aki Kalliatakis

Telecoms & Technology

Siyaya TV gets broadcasting licence

broadcasting studio media Picture: THINKSTOCK
4 day(s) ago

The new pay-television provider’s R1bn six-year deal with the South African Football Association kicks off in May next year

Opinion

Seven techniques for handling stress right now

Picture: THE NEW YORK TIMES/TONY CENICOLA

What do you do when you’re overcome with stress at your desk or in a meeting?

Opinion

An outsider’s insights can save a business

Picture: THINKSTOCK

When businesses hit a rough patch for which they are not prepared the strain can leave management with few viable options

Mining

Miners unite to market platinum

Anglo American Platinum CEO Chris Griffith. Picture: ARNOLD PRONTO
1 day(s) ago

Global council formed with offices planned for Asia and the US

Financial Services

Investment fee reform mooted

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL
1 day(s) ago

Financial Services Board suggests doing away with the payment of commission on investment products

National

Palestinian solidarity group takes to shareholder activism

A Woolworths Food store with restaurant
1 day(s) ago

Plan to push Woolworths to discuss its trade relations with Israel

Business

Platinum groups form investment council

Picture: THINKSTOCK
2 day(s) ago

Six producers will fund World Platinum Investment Council, which will provide data, insight and develop active investment market for metal

National

Transnet mum over eviction of farmers

Tractor farm food farming. Picture: THINKSTOCK
2 day(s) ago

The removal of farmers from land earmarked for the development of the multibillion-rand dig-out port in Durban may leave the farmers and labourers destitute

Retail & Consumer

Levi Strauss sets sights on black middle class

Levi Strauss. Picture: BLOOMBERG
2 day(s) ago

Iconic brand has large footprint in sub-Saharan Africa, with stores in Nigeria, Angola, Mozambique, Botswana, Ghana, Tanzania and Kenya

Transport & Tourism

Transport department pledges not to bar Emirates from SA skies

Transport Minister Dipuo Peters. Picture: TREVOR SAMSON
2 day(s) ago

Drama began after Emirates introduced a fourth daily flight between Johannesburg and Abu Dhabi

Opinion

New exam for CAs aims to mend profession

Picture: THINKSTOCK

SA’s CAs are being called upon to demonstrate that they are not just knowledge experts but are also competent business leaders

Opinion

ON WORK: Taming the profanities but not the forex trading morality

Traders swear every bit as much as they always did

Business

SARS head studying reports on ‘rogue unit’

Tom Moyane. Picture: TREVOR SAMSON
4 day(s) ago

SA Revenue Service confirms that its commissioner Tom Moyane is studying two reports into allegations of illegal spying at the organisation

Financial Services

Products with performance fees ‘will not qualify as tax-free savings accounts’

Picture: THINKSTOCK
6 day(s) ago

Products qualifying as tax-free savings, investments should be ‘simple to understand, transparent in their disclosure’, says Treasury, with draft laws due to apply from March

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