Reformist Cyril Ramaphosa faces his 'Thatcher moment'

The president's efforts to boost growth will put him in conflict with his former comrades, the trade unions that are in coalition with the ANC government

2 hours ago
Policy exemption allows SA investors to buy into top Swiss resort

SPONSORED | South Africans can now invest in Andermatt ski resort affordably

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SA has largest travel and tourism sector in Africa, says global body

New research  shows that the sector, which employs 1.5-million people, generated R426bn for the local economy in 2018

6 minutes ago
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Cleaning up the Cape: mayor gives extra R115m to Keep Cape Town Clean campaign

SPONSORED | City of Cape Town launches renewed city-wide clean-up campaign

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State energy boss fired amid bribery charges

Controversy around Makasi comes as forensic investigation into the illegal sale of SA’s strategic fuel stocks nears finalisation

US firm FIS buys Worldpay for a heady $34bn as fintech booms

The deal values the payment processor at about $43bn, including debt

33 minutes ago
MARKET WRAP: JSE climbs 1% led by Naspers

Meanwhile, the oil price remains elevated by promises of extended production cuts by Saudi Arabia, the world's largest exporter

58 minutes ago
Oil producers to decide in June on extending cuts

Opec+ alliance plans to restore market stability and prevent crude prices from falling too low 

1 hour ago
SA meat price inflation to remain subdued due to foot-and-mouth outbreak

Exports ban by several neighbouring and other countries might mean more supply locally and lower prices for consumers

1 hour ago
Business counts cost as Eskom battles power shortages

Utility sheds 4,000MW from the grid as Mozambican supplies are interrupted by cyclone

1 hour ago
Gavin Watson paid R5m ‘performance bonus’ a mere two weeks before Bosasa liquidation

Judge sees clear 'conflict of interest' in the liquidators’ decision to oppose African Global Operations’s application

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Facebook shares fall as Needham downgrades it from buy to hold

Privacy shifts, risks of government regulation and the live-streaming of the New Zealand massacre have driven the negative sentiment

37 minutes ago
JSE pushes higher led by diversified miners

A firmer oil price is supporting diversified miners, while Naspers tracks a higher Tencent ahead of the Chinese firm's results later this week

8 hours ago
PwC report lifts Steinhoff stock in Frankfurt

The PwC report's €6.5bn worth of fictitious transactions is significantly below the €12.4bn tagged by management in 2018, says analyst

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LUKANYO MNYANDA: Next attraction: Saturday Night Half-Live

Even after the appointment of a new board, various committees and task teams, the situation looks to be as bad as it has ever been at Eskom

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.

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SA has largest travel and tourism sector in Africa, says global body

Bekezela Phakathi

New research  shows that the sector, which employs 1.5-million people, generated R426bn for the local economy in 2018

Read More

Construction has hit rock bottom, Bell CEO Leon Goosen says

Alistair Anderson

Heavy-moving equipment seller, Bell does 60% of its business abroad but this could rise given the lack of local demand for its products 

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Journalist’s book more informative than PwC investigation

Fourteen months and 100 auditors later, all we have from the auditing firm is a 10-page sanitised overview of the Steinhoff saga

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PETER BRUCE: Ramaphosa begins load-shedding

All is not lost as the president begins to get rid of the dead weight in his party

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Opinion

views & analysis
Lukanyo Mnyanda Editor: Business Day

LUKANYO MNYANDA: Next attraction: Saturday Night Half-Live

Even after the appointment of a new board, various committees and task teams, the situation looks to be as bad as it has ever been at Eskom

Read More

Lead us not into temptation, Mr President

Whether you are Cyril Ramaphosa or Helen Zille, the constitution declares that the mere risk of a conflict of interest is enough to sound alarm bells, writes Paul Hoffman

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HANNA ZIADY: SA must not look to the UK for a model healthcare system

The NHS lags behind many other European countries in key outcomes such as child health and cancer survival

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