Semiconductor firms provide a timely boost with South Korea’s Samsung posting its best second-quarter profit in four years
Theory about the difference between sum of parts market value and share market value seems right
‘The government is doing very little to mitigate the consequences this will have for everyone living in SA,’ says Amnesty SA’s Shenilla Mohamed
ANC national chair Gwede Mantashe and President Cyril Ramaphosa have previously defended cadre deployment
Remgro and consortium partner MSC have increased their offer to 504p per share for SA’s most valuable hospital group
The move will speed up the process of procuring additional power for the grid
Business Day TV talks to CEO of the Small Business Institute, John Dludlu
Johnson had been deserted by all but a handful of allies after the latest in a series of scandals broke their willingness to support him
Erstwhile loose forward will manage special projects at his new home
The vertiport at Seletar could serve as a global model for what the future of mobility may look like
The South African Municipal Workers Union (Samwu) has described the City of Johannesburg’s decision to disconnect electricity in its offices as an act of destabilisation .
The city issued a statement on Friday confirming that it had disconnected services at Samwu’s head office in Johannesburg, saying it was owed a total of R1.2m for electricity, water, sewer, rates and refuse.
Samwu and the city have been engaged in a protracted battle that dates back years over a number of issues, with relations appearing to have worsened since the city withheld the union’s subscription fees at the height of Samwu infighting in 2017.
The union’s general secretary, Simon Mathe, said the city’s move to disconnect services was spurred on by a court order granted to Samwu allowing it to attach R1.6m from the city’s accounts.
A labour court found in favour of a dismissed employee, who is also a Samwu member, and ordered his reinstatement and the financial settlement. The city failed to abide by the orde...
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 firstname.lastname@example.org 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.