Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
Given the prospect of a new governing coalition taking the reins in 2024, they should get to work on formulating a stance
The state-owned ports operator is seeks private investment to expand Durban and Ngqura port facilities
The ruling party gathering hit by litigation and a breach of security allegedly leading to the cloning of delegates’ tags
The firm is looking to reduce volatility for investors, but adds that being listed on the JSE no longer enhances access to capital
Consumer finances crumble under the pressure of rising prices and interest rates, Unisa vulnerability report shows
Group homes in on home deliveries trend and hopes to supply electricity to Eskom
GOP questions FBI’s actions after search warrant shows motive was possible Espionage Act violations
Reece James seemed to have sealed the points for the hosts with a 77th-minute goal, but the striker scored in stoppage time
Rushdie’s condition is not immediately known
I suppose it is progress that the ANC’s national executive committee now accepts the importance of introducing “equity partners” into underperforming state-owned enterprises (SOEs). The problem is that the idea — giving outside investors minority stakes in return for their capital and expertise — isn’t going to fly. There is no sucker unwise enough to take such a deal, especially given the government’s history of abusing minority shareholders.
We proved it first with the introduction of private shareholders at SAA. Back in 1999 Swissair took a 20% stake, but when it became clear that the government wasn’t going to follow through with full privatisation, the Swiss got out...
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