Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
In energy matters, the government appears enslaved by ‘first world’ norms and standards
The accused were arrested as part of a Hawks operation to nab alleged instigators who incited public violence during looting and destruction in 2021
Nedbank failed to comply with certain provisions the Financial Intelligence Centre Act
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
US attorney-general Merrick Garland has asked a judge to unseal the search warrant for Trump’s home
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
Rushdie’s condition is not immediately known
THE auditor-general has uncovered more rot at the Passenger Rail Agency of SA (Prasa) with abuse of credit cards and the awarding of suspect construction contracts.It has also emerged that former CEO Lucky Montana, who left under a cloud, earned R4.39m in 2015-16, R3.9m of which was a basic salary, while Prasa executive directors took home a combined R11.4m in the same period.The financial statements in Prasa’s 2015-16 annual report show that it incurred R4.1bn in irregular expenditure, which includes pre-payments of R1.9bn for new locomotives."Construction contracts were awarded to contractors that did not qualify for the contract in accordance with Construction Industry Development Board regulations," Auditor-General Kimi Makwetu wrote.Effective steps were not taken to prevent irregular, fruitless and wasteful expenditure, Makwetu said."Credit cards, not used for permitted purposes as set out in Treasury regulations, were obtained in contravention of Treasury regulation 31.2.5 [no...
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