The euro has also been hammered as Europe is seen as ground zero for a global slowdown
Plenty of other ways exist to make the Putin regime pay for the outrage it has wreaked on Ukraine
‘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
Brewer joined the board in January 2011 as an independent nonexecutive director, was appointed deputy chair in November 2015 and promoted to chair in April 2018
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
Foreign governments have frozen development aid to the Afghan government, unwilling to use their taxpayers’ money to prop up the Taliban
Veteran takes both days' hot spot bridge prizes while women's race saw the champ capsize, to Nisbet's advantage
SA collector sees off competition from bidders from five continents at the sale conducted by Creative Rides Classic and Collectables Auctions .
Sydney Kaye’s comment that Nkosana Makate is asking too much from Vodacom shows a basic lack of understanding of the economic reality of the situation (“Nkosana Makate got more than enough”, February 10).
The Please Call Me concept generates revenue running into billions of rand for Vodacom. This revenue stream will run as long as Vodacom uses this concept in all its markets. The shareholders of Vodacom are subsequently appropriately benefiting yearly in the form of dividends received and an appreciation in the Vodacom share price.
Makate has been generous by asking for 5% of the revenue generated instead of the normal 10% for a limited time period. This is essentially royalty income and reasonable compensation should run infinitely, since Vodacom is unlikely to stop using this moneyspinner.
Vodacom’s measly offer of 5% of the revenue for five years was done in bad faith. It reflects the greedy side of capitalism, which endeavours to exploit workers in circumstances like this.
Jeffrey MothuloeVia email
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.