Union’s mining wage demands send rand to four-year low
High wage demands by National Union of Mineworkers for workers in coal and gold mines drive rand down at prospect of more industry turmoil
Land & Agriculture
State settles restitution claims to tune of R1bn, says land minister
Government settles 602 restitution claims in financial year to end of March, after land reform department previously failed to pay farmers
Labour
Swift end to strike at Mercedes-Benz East London plant
Car maker lauds Numsa for calling end to protest following talks with company’s management
Energy
Eskom was ‘on the brink of a power shutdown’
Eskom ‘came as close to the edge as you can get’ last Monday evening when the available power supply exceeded demand, according to the company
Trade & Industry
Meat group cries foul over poultry body’s secret figures
Association says South Africa currently has one of the most unprotected poultry industries in the world
Telecoms & Technology
Takeover of Altech ‘was Altron’s plan’
CEO says shareholders will back offer to buy remaining shares
Business
Trumping clause ‘brings BEE certainty’
Introduction of a trumping clause wins support of MPs, despite the Department of Trade and Industry’s initial opposition to the measure
BEE lobby eyes bigger share of state spend
Push for higher weighting in parastatal procurement rulesTransport & Tourism
Losing consortium gives up bid to stop R51bn Prasa rolling stock fleet tender
Dudula says it decided to use resources elsewhere than fight long legal battle
Property
‘Extend Reit tax regime to all’
Property owners’ association wants favourable tax dispensations of real estate investment trust structure extended to unlisted players
Business
A company’s transparency ‘earns respect’ in SA
Urban South Africans increasingly, and overwhelmingly, in favour of responsible business practices, new survey finds
Telecoms & Technology
Companies ‘struggling’ with data processing
Too many companies in South Africa are struggling to use information technology to benefit themselves
Economy
Local manufacturing sector ‘in dire straits’
Bunched-up increases in administered prices a ‘significant challenge’, writes Mark Allix
Management
How to get the leadership that we desire
New Magna Carta CEO Vincent Magwenya believes the honing of leaders begins long before school age, writes Lesley Stones
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
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
Labour
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
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 arrearsNational
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
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
Transport & Tourism
Why Fastjet failed to take flight
Glitch with Fastjet’s website scuppers local launch date of the low-cost carrier
Business
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 recognition
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
In depth: Brics
News, views, analysis and multimedia coverage of the Brics
nations and their annual summit in Durban
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