Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
The All Blacks might be the one team for whom altitude is not a disadvantage when they play the Springboks
The industry was hit hard by the floods that devastated KwaZulu-Natal last ye
Mahumapelo is believed to be behind court challenge seeking to halt provincial conference
Toto Consortium makes an offer valued at R7bn for a stake in SA’s third-largest mobile phone company
Expectations are retail sales grew about 0.5% in June, but indications are SA consumers are starting to feel the hurt from inflation
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
The writer is likely to lose an eye and has nerve damage in his arm and wounds to his liver
Rushdie’s condition is not immediately known
The former board of the Passenger Rail Agency of SA (Prasa) will now complete its last three months at the agency, after a high court granted their immediate reinstatement on Monday.
Six of seven Prasa board members dismissed by then transport minister Dipuo Peters in March said on Monday they would now seek to finalise a turnaround plan for an agency dogged by years of scandals.
Former board chairman Popo Molefe, Zodwa Manase, Mashile Matlala, William Steenkamp, Clement Manyungwana, and Tefetso Phitsane will now resume their positions with immediate effect.
The court on Monday also overturned a decision to appoint an interim board.
Molefe was said to be out of the country, but Steenkamp said other priorities included stabilising the executive and management, finalising the Prasa turnaround plan, and finalising financial statements.
“As a board, we had no idea of the massive challenges awaiting us when we arrived at the company … we are not so naïve to believe that we not be greeted...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.