Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
Monday, August 15 2022
Sars and corruption busters need more tools to investigate, says Edward Kieswetter
The ruling party gathering hit by litigation and a breach of security allegedly leading to the cloning of delegates’ tags
Chair Paul Jenkins says Mpact CEO Bruce Strong implied that his company is acting improperly
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
Pharmaceutical giant has been forced to pay $3.5bn in settlements so far to resolve cancer cases
The governing ANC is choking under a debt burden of more than R200m, forcing tax authorities and the Unemployment Insurance Fund to garnish millions from the party’s bank account every month for some years now as it has scrambled to keep up with payments.
When Cyril Ramaphosa took office as party president in December 2017, the ANC owed more than R100m to the SA Revenue Service as it grappled with over R400m in total debt. The debt started accumulating in 2010, three years after Jacob Zuma won the party’s internal election to become its leader. This means that while Zuma was president of SA the ANC was not paying taxes and unemployment benefits for staff during the period of state capture...
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.