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Thursday, September 29, 2016


All business related stories

Social and ethics committees gaining traction

Social and Ethics Committees (SECs) are provided for in Section 72 (4-10) of the Companies Act, 2008 (Act No. 71 of 2008). But the...

Heavy fine, jail time for those guilty of fronting

Deputy President Cyril Ramaphosa says companies that are found guilty of fronting can now be fined up to 10% of their annual turnover or...

Landlord lacks interest in deposit

A tenant has approached the Property Poser panel with an oft-repeated complaint about a...

Banks, BASA, Treasury agree to curb irresponsible lending

Representatives of major retail banks, the Banking Association of South Africa (BASA) and the National Treasury have signed an agreement aimed at improving responsible...

Unemployment rate rises

South Africa's unemployment rate had increased from 24.9% to 25.5% in the third quarter of 2012, said Statistics South Africa (Stats SA) on Thursday. Releasing...

Wrong to believe inequality has widened since 1994 – Zuma

President Jacob Zuma said it was wrong and scientifically not true that the gap between the rich and poor had widened since 1994, and...

Davies: B-BBEE an imperative for SA

Broad-Based Black Economy Empowerment (B-BBEE) will continue to be regarded as an imperative in South Africa, says Trade and Industry Minister Rob Davies. Addressing the...

Cabinet welcomes plan to protect economy

Cabinet has welcomed the key elements of the package agreed upon with the NEDLAC constituencies to respond to the economic challenges facing the country. The...

Gordhan: SA’s sound institutional framework will steady country

South Africa's sound institutional framework, built on the foundation of the Constitution, will hold the country in good stead as it faces uncertainty at...

Gordhan proposes measures to help state spend smarter

Finance minister Pravin Gordhan detailed several initiatives to reign in the widening deficit and improve the impact of spending by, among other things, investing...


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