Rand weakens through R19/£ as May clings to power

Global focus is on Brexit, with the UK parliament taking over the exit process from Prime Minister Theresa May

2 hours ago
Demand that PIC recoup money from Ayo declared unlawful

But the state asset manager says it is committed ‘to recover the invested funds without any delay’

updated 1 hour ago
S&P says Naspers’s Euronext move could broaden investor base

Naspers will list new entity NewCo on the Euronext exchange in Amsterdam, which will house its 31% stake in Tencent and other assets such as Russia’s Mail.ru

3 hours ago
European parliament adopts copyright reform in blow to big tech

European copyright laws pre-date the internet and big players don’t like the changes that will ensure they pay fair compensation to content providers

43 minutes ago
WATCH | Is skills development and training yielding the desired results?

SPONSORED | LFP Training understands the role transformation plays in skills development and training

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Municipalities owed nearly R10bn by national and provincial departments

The debt continues to grow due to accruing interest and insufficient funds allocation to service arrears — while Eskom is owed more than R14bn by municipalities

1 hour ago
Murder allegations see KZN ANC in disarray

A mayor and a municipal manager have charges of murder withdrawn — while another mayor has murder charges laid against him

2 hours ago
State capture impeded DTI’s efforts to re-industrialise economy, says Rob Davies

The minister says the election of President Cyril Ramaphosa provides hope and the investment climate has improved, but Eskom is a serious risk

2 hours ago
JSE not worried about Naspers eyeing greener pastures

The company plans to list its non-South African internet businesses in Amsterdam

Cosatu pushes for more oversight over state-owned banks

The Financial Matters Amendment Bill provides for the establishment of such banks — and Cosatu wants more involvement

5 hours ago
MTN announces ‘world first’ WhatsApp-based service

Customers will be able to buy airtime and data bundles and check their balances directly on Facebook-owned messaging platform

4 hours ago
S&P downgrades PPC on weaker profit and debt-reduction prospects

The cement maker is also looking at options to repatriate funds stuck in Zimbabwe, which is suffering from a liquidity crisis

5 hours ago
Total will face world’s fastest ocean current when it drills for oil off SA’s coast

The prospect is surrounded by the Agulhas Current, a fast-moving flow of warm water where the Atlantic and Indian oceans converge, which can cause massive waves

8 hours ago
Zondo: Zuma may be compelled to give evidence

State capture commission chair says former president could be called for cross-examination and to give evidence

7 hours ago
Eskom’s woes open the door to green power, Jeff Radebe says

The gazetting of the Integrated Resource Plan is imminent and will secure a future for independent power producers, Radebe says

5 hours ago
Apple leaves iPhone in the wake of Apple TV+, a credit card and a gaming arcade

With a celebrity-rich launch, the tech giant takes on the likes of Netflix and Amazon in an already crowded entertainment market

5 hours ago

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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Wanted Online: New luxury hotels set to open across Africa in 2019

Zola Zingithwa

With the tourism industry on the continent growing, international groups are taking advantage of the opportunities

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PETER BRUCE: Efficient leadership key to righting wrongs at Eskom

Peter Bruce

A strong Eskom CEO is required to encourage the people around him to do their best and to get their jobs done

Read More

Brait defends R2bn share-scheme loss

Giulietta Talevi

Executives were not favoured, says the company as it prepares to wind up structure amid share-price implosion

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JSE shrugs off fear about Naspers split

Nick Hedley and and TJ Strydom

The company plans to list its non-SA internet businesses in Amsterdam

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Opinion

views & analysis

WARREN INGRAM: Investing offshore? Ignore those who sell fear as an investment strategy

More than 50% of the JSE has almost nothing to do with the SA economy, writes Warren Ingram

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Cleaning up the state alone will not lead to economic growth

Political leadership and courage necessary for proactive reforms

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TOM EATON: SA’s jaded voters should be grateful of free and fair elections

Our suspicions about politicians means the country is finally growing up 

Read More

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