NEWS ARCHIVES


06 July 2017

South Africa might be ready for a woman president, but is the ANC?

Apparently the ANC Women’s League couldn’t find enough female experts to fill its pumped-up 64-strong quota of delegates...

NCR tackles retailers as Foschini joins Mr Price and Edcon in breach of National Credit Act

The NCR referred Mr Price to the tribunal for a similar breach in June...

More woes for Naspers: Tencent accused of ‘harming kids in profit pursuit’

Chinese internet giant Tencent is facing scrutiny over the addictiveness especially among younger children...

Aspen CEO Says Dealmaking to Resume as Spending Eases Off

Aspen Pharmacare Holdings Ltd. sees further acquisitions in the next 12 months as strong revenue and lower capital expenditure restore its firepower after the purchase of...

Richemont Sells Shanghai Tang as China Prefers Foreign Swank

Richemont has sold Hong Kong-based dressmaker Shanghai Tang, showing that a Chinese name still doesn't have the same ring to luxury shoppers as a French or Italian one...

Gupta-owned company demands R10-million for defamation

Re-Action Consulting’s claims about Optimum were widely known and probably true...

Uganda civil servants face strict dress code

Public servants in Uganda are facing a strict dress code after the government issued a circular warning them to "dress decently"...

Ex-KPMG South Africa Chief Denies Wrongdoing During Gupta Audit

Moses Kgosana, who withdrew from taking the post as chairman of Alexander Forbes Group Holdings Ltd. in the wake of allegations related to his tenure as...




05 July 2017

SA data 14 times more expensive than India? Beware #DataMustFall fake news.

The #DataMustFall movement seems to resurface from time to time after reaching its zenith last year...

Aspen seeks more expansion and is eyeing women’s health

One change Aspen is making to the way it does business is to alter how the company reports financials...

From the Inside: Catching the rising wave of educational technology

Reflecting on the many lessons learnt at the EdTechXEurope Conference in London last week - Helen Zille

DA fires starting gun on UK investigations into Bell Pottinger for 'inciting civil war'

Bell Pottinger is the London-based public relations firm that has been creating and guiding a propaganda campaign to keep President Jacob Zuma in power...

Alexander Forbes chairman-designate withdraws

After leaked emails implicated the auditing firm in an influence-peddling scandal...

Arthur Lenk: 11 things I learned in South Africa

As I approach the end of four wonderful years as Israel’s Ambassador in South Africa...

Ex-KPMG South Africa Chief Denies Wrongdoing During Gupta Audit

Moses Kgosana, who withdrew from taking the post as chairman of Alexander Forbes Group Holdings Ltd. in the wake of allegations related to his tenure as...




04 July 2017

One hit wonder? Naspers trades at 26% below Tencent’s market value

Investors and traders are seemingly punishing Naspers for value destruction in other parts of its business...

Hell’s Wedding Bells — How the #GuptaLeaks reveal that South Africans paid for the whole damn thing

So long as Jacob Zuma remains in power, the National Prosecuting Authority and the Hawks will do nothing to circumscribe the activities of the Guptas and...

Top global recognitions for Discovery, Capitec highlight SA’s huge potential

In a report published by nonprofit consulting firm FSG and the Shared Value Initiative...

Printing money would trigger a painful South African recession

SA risks slipping into a long and painful economic recession if the central bank is forced to abandon its policy...

Oil climbs for seventh consecutive session

The strength is driven by the weak dollar but in light of the rising Libyan production it will be temporary...

Sunny Ways – A brief note on Canada at 150

Canada turns 150. As sesquicentennials go, this one is unlikely to stir the world’s imagination...

One of Africa's best kept secrets - its history

Hopefully, future generations will have a better idea of their history and see there is much for them to be proud of from their past...

Where you do and don’t need to tip around the world

The infographic points out that in some countries like China, tipping is not a part of daily life...




01 July 2017

The building blocks of success: Capitec CEO on why they’re number 1

Last year, Capitec broke new ground with a live webcast of its AGM, and this year CEO Gerrie Fourie did the same thing...

Who’s doing what in the South African & African M&A space?

Mediclinic International has acquired, through its Swiss subsidiary Hirslanden, a 64% interest in healthcare clinic Linde Holding Biel...

Broken Heart Syndrome kills ‘SABC 8’ journalist Suna Venter

Despite all this, she was the victim of continued intimidation, victimisation and death threats...

Rock-bottom prices could persuade BASF to branch into seed industry

"That’s why we will look into it and see whether it makes sense for us," deputy CEO Martin Brudermueller

ANC conference: It’s not about policy, stupid – it’s about who wins

the policy conference, which should be about, you know, policy, is going to be overshadowed by the leadership battle...

Wayde van Niekerk shatters 300m world record, enters history books

Watch the video of wonderboy of South African athletics, 24-year-old Wayde van Niekerk...

The device that turns you into a master of meditation

Sensate monitors and analyses biometric data such as heart rate, respiration, posture and body temperature and transmits readings wirelessly to the user's smartphone...

Corporate Finance Activity of the week

The company is proposing to restructure its multi-tiered ownership structure leaving shareholders with the same economic interest...

Thorts - Debt vs Equity: the solvency and liquidity test

While the Test is objective, it is not intended to be factual as it requires the consideration of all reasonably foreseeable financial circumstances at the time...




30 June 2017

Who’s doing what in the South African & African M&A space?

Mediclinic International has acquired, through its Swiss subsidiary Hirslanden, a 64% interest in healthcare clinic Linde Holding Biel...

AngloGold Ashanti to restructure SA ops, 8500 jobs at risk

The company is committed to transparency and will make the plans and assumptions arising from this review...

Gupta-owned company blocks improved healthcare in Mpumalanga

Kwazamakuhle clinic in Hendrina was supposed to open in April...

Auction record $45.8m for German painter Beckmann

He then left his native land for Amsterdam, where he lived in self-exile for a decade, before moving to the United States...

South African court bars schools from promoting any one religion

Argued that it was in the interest of South Africa's democracy that public schools not be allowed to favour a specific religion...

South African firm develops new identification technology.

Developers say field tests so far have shown that aiDX capabilities surpass the accuracy of conventional methods by up to 20 times...

Corporate Finance Activity of the week

The company is proposing to restructure its multi-tiered ownership structure leaving shareholders with the same economic interest...

4 ways you might be sabotaging your own retirement plan

You want to be in a position where you can work if you find employment that you like...

Thorts - Debt vs Equity: the solvency and liquidity test

While the Test is objective, it is not intended to be factual as it requires the consideration of all reasonably foreseeable financial circumstances at the time...

Tricks to make you effortlessly charming

So next time you walk into a room filled with new faces, with a bit of effort it might be you that everybody wants to get...




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