On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off
It would seem like the main job of most municipal officials is to look for increasingly creative ways to suck residents dry. If only they applied this diligence to their actual job
It’s ‘highly unusual’ for such farms to have $4m cash on hand
An FM survey shows that even the prices of basic foods has rocketed more than 20% in a year, putting SA’s already-tenuous social stability at risk. But hiking grants, while a temporary relief, won’t ...
A new book asks why certain cities became the epicentre of the world at a specific point — and speculates which ones might lead in the future
Howard Pim — the founder of one of the firms that later became Deloitte — is considered the founding father of SA accounting. Born in Ireland in 1862 to a family of merchants, he arrived in SA in 1890 to work for Cecil John Rhodes as auditor of the British SA Co. But he soon become renowned as somebody with the highest ethical values.
Research by academic Kristen van Lelyveld recounts how Pim’s commitment to improving the circumstances of all races on the mines, including the Chinese, led to some mining houses refusing to use him as their auditor. This led to the term "Pimmed" being coined: the "loss of emoluments for reasons of principle"...
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.