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PREMIUM
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. BUSINESS DAYMARKETSOPINIONNATIONALPOLITICSCORONAVIRUSCOMPANIES Online coverage from the Business Day of the latest news, opinion, and analysis from South Africa’s business sector, the political economy, companies and financial markets. MUNICIPAL SECTOR WAGE TALKS ‘NEARING COLLAPSE’, SAMWU SAYS A wage deal in the local government sector is far from being signed as the parties keep contradicting each other, with the employer saying “meaningful progress” has been made, while unionsFINANCIAL MAIL
Read the latest edition of the Financial Mail online for in-depth analysis and opinion on South African business and industry. Includes additional features, multimedia, and past editions. NUMSA DEMANDS 15% WAGE INCREASE IN STEEL AND ENGINEERING BL PREMIUM. 18 May 2021 - 19:13 Luyolo Mkentane. The National Union of Metalworkers of SA (Numsa), the country’s largest metalworkers’ union with 360,000 members, is demanding a IVERMECTIN IS A PROVEN TREATMENT FOR COVID-19, SO LET’S USE IT Extensive study shows ivermectin can reduce the risk of getting Covid-19 by 92.5%. This is based on seven controlled trials conducted on thousands of healthcare workers and TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Hostilities between Pitso Mosimane and his former club Mamelodi Sundowns continued unabated after his representatives revealed onMonday that
FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its BIG TREE LISTING BRINGS A PURE COPPER PLAY TO INVESTORS BL PREMIUM. 17 May 2021 - 05:47 Allan Seccombe. Fresh from buying the O’Okiep Copper Company, Big Tree Copper plans to list in SA, bringing a pure copper play in SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
BUSINESSLIVEFINANCIAL MAILBUSINESS DAYBUSINESS TIMESFINANCIAL TIMESB LPREMIUM
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. BUSINESS DAYMARKETSOPINIONNATIONALPOLITICSCORONAVIRUSCOMPANIES Online coverage from the Business Day of the latest news, opinion, and analysis from South Africa’s business sector, the political economy, companies and financial markets. MUNICIPAL SECTOR WAGE TALKS ‘NEARING COLLAPSE’, SAMWU SAYS A wage deal in the local government sector is far from being signed as the parties keep contradicting each other, with the employer saying “meaningful progress” has been made, while unionsFINANCIAL MAIL
Read the latest edition of the Financial Mail online for in-depth analysis and opinion on South African business and industry. Includes additional features, multimedia, and past editions. NUMSA DEMANDS 15% WAGE INCREASE IN STEEL AND ENGINEERING BL PREMIUM. 18 May 2021 - 19:13 Luyolo Mkentane. The National Union of Metalworkers of SA (Numsa), the country’s largest metalworkers’ union with 360,000 members, is demanding a IVERMECTIN IS A PROVEN TREATMENT FOR COVID-19, SO LET’S USE IT Extensive study shows ivermectin can reduce the risk of getting Covid-19 by 92.5%. This is based on seven controlled trials conducted on thousands of healthcare workers and TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Hostilities between Pitso Mosimane and his former club Mamelodi Sundowns continued unabated after his representatives revealed onMonday that
FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its BIG TREE LISTING BRINGS A PURE COPPER PLAY TO INVESTORS BL PREMIUM. 17 May 2021 - 05:47 Allan Seccombe. Fresh from buying the O’Okiep Copper Company, Big Tree Copper plans to list in SA, bringing a pure copper play in SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
FINANCIAL MAIL
Read the latest edition of the Financial Mail online for in-depth analysis and opinion on South African business and industry. Includes additional features, multimedia, and past editions.BUSINESS DAY TV
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. Indicators. JSE. SAA BUSINESS RESCUE FINALLY OVER SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
MORE DIGITAL CASH AND REMOTE WORKING MEANS MORE CYBER ATTACKS 1 day ago · London — A surge in cyber attacks and ransomware hacks since the start of pandemic lockdowns is alarming for a world of finance moving headlong into LETTER: EFF POLICY WILL DESTROY PROPERTY RIGHTS EFF commander-in-chief Julius Malema now asserts that the state custodianship over all land his party is insisting on will have little impact, so “people will continue to have full rights toWATCH: STOCK PICK
1 day ago · Rob Towell from Sasfin Securities chose Medtronic as his stock pick of the day. “So, we’re going abroad, we still like Medtronic. It’s a medical devices company as well as surgicalcompany
WEBSITES ACROSS THE WORLD HIT BY OUTAGE LINKED TO FASTLY Bangalore — Thousands of government, news and social media websites across the globe were coming back online on Tuesday after being hit bya
DO BANKS HAVE THAT SYMPATHETIC TOUCH? Pepe Marais, chief creative officer of the Joe Public group, says: "There is a lot of talk of ‘purpose’ from many brands, but very few are living or even truly understand what it means. Q&A: IDC MOVES ON FROM SEEDING GREEN PROJECTS TO DRIVING EDITORIAL: Finally, Ramaphosa sees the light and flicks a game-changing switch . The president’s announcement on energy policyreform is a major
A LANDMARK RULING FOR CLIMATE ACTIVISTS The Netherlands is among the most progressive nations in the world. The country’s lenient approach to the use of soft drugs such as cannabis, for example, started back in the 1970s. In 1981 it BUSINESSLIVEFINANCIAL MAILBUSINESS DAYBUSINESS TIMESFINANCIAL TIMESB LPREMIUM
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. BUSINESS DAYMARKETSOPINIONNATIONALPOLITICSCORONAVIRUSCOMPANIES Online coverage from the Business Day of the latest news, opinion, and analysis from South Africa’s business sector, the political economy, companies and financial markets. NUMSA DEMANDS 15% WAGE INCREASE IN STEEL AND ENGINEERING BL PREMIUM. 18 May 2021 - 19:13 Luyolo Mkentane. The National Union of Metalworkers of SA (Numsa), the country’s largest metalworkers’ union with 360,000 members, is demanding a TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Hostilities between Pitso Mosimane and his former club Mamelodi Sundowns continued unabated after his representatives revealed onMonday that
PETROSA BOARD DISCUSSED BUSINESS RESCUE BEFORE IT WAS BL PREMIUM. 28 May 2021 - 05:10 Lisa Steyn. As crisis-struck PetroSA struggled to pay its debt and salaries, its board considered tossing it into bankruptcy protection or liquidation before being FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its IVERMECTIN IS A PROVEN TREATMENT FOR COVID-19, SO LET’S USE IT Extensive study shows ivermectin can reduce the risk of getting Covid-19 by 92.5%. This is based on seven controlled trials conducted on thousands of healthcare workers and PATEL BILL SEEKS PAY GAP TRANSPARENCY BL PREMIUM. 19 May 2021 - 05:10 Linda Ensor and Hajra Omarjee. A requirement that companies disclose wage differentials between executives and workers was among the eye-catching measures unveiled SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
CLICKS LOSES TAX CASE WITH IMPLICATIONS FOR LOYALTY PROGRAMMES 23 May 2021 - 16:36 Katharine Child. Retailer Clicks lost its tax case at the Constitutional Court on Friday, with implications for when retailers that offer loyalty programmes pay tax relating to BUSINESSLIVEFINANCIAL MAILBUSINESS DAYBUSINESS TIMESFINANCIAL TIMESB LPREMIUM
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. BUSINESS DAYMARKETSOPINIONNATIONALPOLITICSCORONAVIRUSCOMPANIES Online coverage from the Business Day of the latest news, opinion, and analysis from South Africa’s business sector, the political economy, companies and financial markets. NUMSA DEMANDS 15% WAGE INCREASE IN STEEL AND ENGINEERING BL PREMIUM. 18 May 2021 - 19:13 Luyolo Mkentane. The National Union of Metalworkers of SA (Numsa), the country’s largest metalworkers’ union with 360,000 members, is demanding a TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Hostilities between Pitso Mosimane and his former club Mamelodi Sundowns continued unabated after his representatives revealed onMonday that
PETROSA BOARD DISCUSSED BUSINESS RESCUE BEFORE IT WAS BL PREMIUM. 28 May 2021 - 05:10 Lisa Steyn. As crisis-struck PetroSA struggled to pay its debt and salaries, its board considered tossing it into bankruptcy protection or liquidation before being FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its IVERMECTIN IS A PROVEN TREATMENT FOR COVID-19, SO LET’S USE IT Extensive study shows ivermectin can reduce the risk of getting Covid-19 by 92.5%. This is based on seven controlled trials conducted on thousands of healthcare workers and PATEL BILL SEEKS PAY GAP TRANSPARENCY BL PREMIUM. 19 May 2021 - 05:10 Linda Ensor and Hajra Omarjee. A requirement that companies disclose wage differentials between executives and workers was among the eye-catching measures unveiled SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
CLICKS LOSES TAX CASE WITH IMPLICATIONS FOR LOYALTY PROGRAMMES 23 May 2021 - 16:36 Katharine Child. Retailer Clicks lost its tax case at the Constitutional Court on Friday, with implications for when retailers that offer loyalty programmes pay tax relating toFINANCIAL MAIL
Read the latest edition of the Financial Mail online for in-depth analysis and opinion on South African business and industry. Includes additional features, multimedia, and past editions. TBWA\HUNT\LASCARIS JOHANNESBURG WINS AT THE ONE SHOW AGAIN Locally relevant while globally competitive, TBWA\Hunt\Lascaris Johannesburg has walked away with two Pencils at The One Show 2021 in New York during Creative Week. This year, the SAA BUSINESS RESCUE FINALLY OVER SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
NEW VEHICLE SALES FOR MAY TRIPLE, CONTINUING PATH TO RECOVERY BL PREMIUM. 01 June 2021 - 14:25 David Furlonger. New-vehicle sales in May almost trebled those of a year earlier as the motor industrycontinued its
INTRODUCING GRACE, A NURSE-ROBOT DESIGNED TO HELP EASE Hong Kong — The Hong Kong team behind celebrity humanoid robot Sophia is launching a new prototype, Grace, targeted at the healthcare market and designed to DO BANKS HAVE THAT SYMPATHETIC TOUCH? 1 day ago · Pepe Marais, chief creative officer of the Joe Public group, says: "There is a lot of talk of ‘purpose’ from many brands, but very few are living or even truly understand what itmeans.
MARK BARNES: HURRY UP, THE FUTURE CAN’T WAIT MUCH LONGER MARK BARNES: Hurry up, the future can’t wait much longer . We need to walk bravely into the savage injustices, stop them and present an alternative — before our society falls into an abyss METROPOLITAN DRIVES INSURANCE SALES WITH BOTS Metropolitan, which merged with Momentum in 2010 to form Momentum Metropolitan Holdings, has turned to bots and other software-driven customer onboarding tools to CARMEL RICKARD: NO FREE PASS 1 day ago · The doctrine of state immunity, which bars litigation against representatives of foreign states, continues its decline, with two new African decisions applying it less restrictively. These two MERKEL HEIR ARMIN LASCHET BOOSTS CHANCELLORSHIP BID WITH Armin Laschet boosted his chances of succeeding Angela Merkel as German chancellor by securing a decisive victory in the country’s poorest state. In the final regional contest before the BUSINESSLIVEFINANCIAL MAILBUSINESS DAYBUSINESS TIMESFINANCIAL TIMESB LPREMIUM
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Hostilities between Pitso Mosimane and his former club Mamelodi Sundowns continued unabated after his representatives revealed onMonday that
NUMSA DEMANDS 15% WAGE INCREASE IN STEEL AND ENGINEERING BL PREMIUM. 18 May 2021 - 19:13 Luyolo Mkentane. The National Union of Metalworkers of SA (Numsa), the country’s largest metalworkers’ union with 360,000 members, is demanding a FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its IVERMECTIN IS A PROVEN TREATMENT FOR COVID-19, SO LET’S USE IT Extensive study shows ivermectin can reduce the risk of getting Covid-19 by 92.5%. This is based on seven controlled trials conducted on thousands of healthcare workers and BIG TREE LISTING BRINGS A PURE COPPER PLAY TO INVESTORS BL PREMIUM. 17 May 2021 - 05:47 Allan Seccombe. Fresh from buying the O’Okiep Copper Company, Big Tree Copper plans to list in SA, bringing a pure copper play in PATEL BILL SEEKS PAY GAP TRANSPARENCY BL PREMIUM. 19 May 2021 - 05:10 Linda Ensor and Hajra Omarjee. A requirement that companies disclose wage differentials between executives and workers was among the eye-catching measures unveiled SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
ALLOCATION OF STATE FARM LAND PROCEEDING SLOWLY, SAYS MINISTER Allocation of state farm land proceeding slowly, says minister. BL PREMIUM. 13 May 2021 - 19:46 Carol Paton. The government’s plan to release 700,000ha of “vacant or underutilised” state A BAD WEEK FOR ADAPT IT’S SBU SHABALALA A bad week. The implosion of his personal life couldn’t have come at a worse time for Adapt IT founder and CEO Sbu Shabalala. With his company in the midst of a takeover tussle between two BUSINESSLIVEFINANCIAL MAILBUSINESS DAYBUSINESS TIMESFINANCIAL TIMESB LPREMIUM
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Hostilities between Pitso Mosimane and his former club Mamelodi Sundowns continued unabated after his representatives revealed onMonday that
NUMSA DEMANDS 15% WAGE INCREASE IN STEEL AND ENGINEERING BL PREMIUM. 18 May 2021 - 19:13 Luyolo Mkentane. The National Union of Metalworkers of SA (Numsa), the country’s largest metalworkers’ union with 360,000 members, is demanding a FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its IVERMECTIN IS A PROVEN TREATMENT FOR COVID-19, SO LET’S USE IT Extensive study shows ivermectin can reduce the risk of getting Covid-19 by 92.5%. This is based on seven controlled trials conducted on thousands of healthcare workers and BIG TREE LISTING BRINGS A PURE COPPER PLAY TO INVESTORS BL PREMIUM. 17 May 2021 - 05:47 Allan Seccombe. Fresh from buying the O’Okiep Copper Company, Big Tree Copper plans to list in SA, bringing a pure copper play in PATEL BILL SEEKS PAY GAP TRANSPARENCY BL PREMIUM. 19 May 2021 - 05:10 Linda Ensor and Hajra Omarjee. A requirement that companies disclose wage differentials between executives and workers was among the eye-catching measures unveiled SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
ALLOCATION OF STATE FARM LAND PROCEEDING SLOWLY, SAYS MINISTER Allocation of state farm land proceeding slowly, says minister. BL PREMIUM. 13 May 2021 - 19:46 Carol Paton. The government’s plan to release 700,000ha of “vacant or underutilised” state A BAD WEEK FOR ADAPT IT’S SBU SHABALALA A bad week. The implosion of his personal life couldn’t have come at a worse time for Adapt IT founder and CEO Sbu Shabalala. With his company in the midst of a takeover tussle between twoBUSINESSLIVE
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets.BUSINESS DAY
Online coverage from the Business Day of the latest news, opinion, and analysis from South Africa’s business sector, the political economy, companies and financial markets. NIGERIA PAYMENTS FIRM EYES UNICORN STATUS 10 hours ago · Nigeria’s biggest mobile payments company is vying to become Africa’s next unicorn, and its ambitions now stretch beyond the continent. Paga, whose backers include US billionaireinvestor Tim
GORDHAN CONFIRMS THAT 51% OF SAA WILL BE SOLD 9 hours ago · Gordhan confirms that 51% of SAA will be sold . Harith General Partners and Global Airways make up Takatso Consortium, whichhas been selected
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WATCH: STOCK PICK
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STEPHEN CRANSTON: GETTING BACK TOGETHER 1 day ago · Sanlam and Absa (once known as the Amalgamated Banks of SA) have had a cultural affinity for many years, in particular through the Volkskas component which Sanlam saw TOBY SHAPSHAK: SIX YEARS LATE, IT’S TIME TO ACT 1 day ago · Finally, SA has started its long overdue transition of analogue television signals from a range of spectrum that is considered so valuable it is known as the "digital dividend". Theglobal
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South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Exorbitant legal costs and fraud drain embattled RAF . The Road Accident Fund is the economy’s second biggest liability after Eskom as it battles a claims liability of about R330bn FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its PETROSA BOARD DISCUSSED BUSINESS RESCUE BEFORE IT WAS BL PREMIUM. 28 May 2021 - 05:10 Lisa Steyn. As crisis-struck PetroSA struggled to pay its debt and salaries, its board considered tossing it into bankruptcy protection or liquidation before being METROBUS GOES TO COURT TO STOP COSTLY, FOUR-WEEK STRIKE 25 May 2021 - 17:50 LUYOLO MKENTANE. Metrobus says it is exploring all avenues to end an indefinite strike that has brought its busoperations to a
BIG TREE LISTING BRINGS A PURE COPPER PLAY TO INVESTORS BL PREMIUM. 17 May 2021 - 05:47 Allan Seccombe. Fresh from buying the O’Okiep Copper Company, Big Tree Copper plans to list in SA, bringing a pure copper play in PATEL BILL SEEKS PAY GAP TRANSPARENCY BL PREMIUM. 19 May 2021 - 05:10 Linda Ensor and Hajra Omarjee. A requirement that companies disclose wage differentials between executives and workers was among the eye-catching measures unveiled MEDICAL AIDS TO PAY AT LEAST R300 A SHOT BL PREMIUM. 17 May 2021 - 05:43 Garth Theunissen and Katharine Child. The department of health says private medical aids will be chargedmore than R300 a
SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
A BAD WEEK FOR ADAPT IT’S SBU SHABALALA A bad week. The implosion of his personal life couldn’t have come at a worse time for Adapt IT founder and CEO Sbu Shabalala. With his company in the midst of a takeover tussle between two BUSINESSLIVEFINANCIAL MAILBUSINESS DAYBUSINESS TIMESFINANCIAL TIMESB LPREMIUM
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Exorbitant legal costs and fraud drain embattled RAF . The Road Accident Fund is the economy’s second biggest liability after Eskom as it battles a claims liability of about R330bn FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its PETROSA BOARD DISCUSSED BUSINESS RESCUE BEFORE IT WAS BL PREMIUM. 28 May 2021 - 05:10 Lisa Steyn. As crisis-struck PetroSA struggled to pay its debt and salaries, its board considered tossing it into bankruptcy protection or liquidation before being METROBUS GOES TO COURT TO STOP COSTLY, FOUR-WEEK STRIKE 25 May 2021 - 17:50 LUYOLO MKENTANE. Metrobus says it is exploring all avenues to end an indefinite strike that has brought its busoperations to a
BIG TREE LISTING BRINGS A PURE COPPER PLAY TO INVESTORS BL PREMIUM. 17 May 2021 - 05:47 Allan Seccombe. Fresh from buying the O’Okiep Copper Company, Big Tree Copper plans to list in SA, bringing a pure copper play in PATEL BILL SEEKS PAY GAP TRANSPARENCY BL PREMIUM. 19 May 2021 - 05:10 Linda Ensor and Hajra Omarjee. A requirement that companies disclose wage differentials between executives and workers was among the eye-catching measures unveiled MEDICAL AIDS TO PAY AT LEAST R300 A SHOT BL PREMIUM. 17 May 2021 - 05:43 Garth Theunissen and Katharine Child. The department of health says private medical aids will be chargedmore than R300 a
SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
A BAD WEEK FOR ADAPT IT’S SBU SHABALALA A bad week. The implosion of his personal life couldn’t have come at a worse time for Adapt IT founder and CEO Sbu Shabalala. With his company in the midst of a takeover tussle between two BUSINESS LIVE SUBSCRIPTIONS We have several subscription options to help you enjoy the best of our content every day, including real-time financial data and articles from our international business news partners. WELCOME TO THE WORKSPACE REVOLUTION 18 hours ago · Though the pandemic has left empty a large chunk of commercial buildings across global business hubs, it seems the end of the office is not yet nigh. It looks increasingly likely that officeswill
NEW VEHICLE SALES FOR MAY TRIPLE, CONTINUING PATH TO RECOVERY BL PREMIUM. 01 June 2021 - 14:25 David Furlonger. New-vehicle sales in May almost trebled those of a year earlier as the motor industrycontinued its
TECH REVIEW: AIRPOP FACE MASKS 18 hours ago · AirPop face masks. Cool factor 2/5 Usability 5/5 Value for money 4/5. Here is a review we would have thought nearly unimaginable a year ago: hi-tech ALL-NEW TOYOTA LAND CRUISER 300 HEADS FOR SA SOON Picture: KOLESA.RU. The international reveal of the new Land Cruiser 300 is imminent, and Toyota’s luxury all-terrainer will be in SA by the end of 2021. Spy pictures and renderings reveal that STEPHEN CRANSTON: GETTING BACK TOGETHER 18 hours ago · Sanlam and Absa (once known as the Amalgamated Banks of SA) have had a cultural affinity for many years, in particular through the Volkskas EDITORIAL: AN SABC ROLE MODEL? 18 hours ago · The SABC — whose gutting by successive executive teams culminated in the surreal reign of former radio producer Hlaudi Motsoeneng — has notched up its first monthly profit in five years ZIMBABWE’S MONEY-GO-ROUND 18 hours ago · A new law in Zimbabwe bans the pricing of goods and services in foreign currency. It’s supposed to ensure fair pricing — but so far it only seems to have fuelled inflation TOBY SHAPSHAK: SIX YEARS LATE, IT’S TIME TO ACT 18 hours ago · Finally, SA has started its long overdue transition of analogue television signals from a range of spectrum that is considered so valuable it is known as the "digital dividend". Theglobal
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South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Exorbitant legal costs and fraud drain embattled RAF . The Road Accident Fund is the economy’s second biggest liability after Eskom as it battles a claims liability of about R330bn FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its PETROSA BOARD DISCUSSED BUSINESS RESCUE BEFORE IT WAS BL PREMIUM. 28 May 2021 - 05:10 Lisa Steyn. As crisis-struck PetroSA struggled to pay its debt and salaries, its board considered tossing it into bankruptcy protection or liquidation before being METROBUS GOES TO COURT TO STOP COSTLY, FOUR-WEEK STRIKE 25 May 2021 - 17:50 LUYOLO MKENTANE. Metrobus says it is exploring all avenues to end an indefinite strike that has brought its busoperations to a
BIG TREE LISTING BRINGS A PURE COPPER PLAY TO INVESTORS BL PREMIUM. 17 May 2021 - 05:47 Allan Seccombe. Fresh from buying the O’Okiep Copper Company, Big Tree Copper plans to list in SA, bringing a pure copper play in PATEL BILL SEEKS PAY GAP TRANSPARENCY BL PREMIUM. 19 May 2021 - 05:10 Linda Ensor and Hajra Omarjee. A requirement that companies disclose wage differentials between executives and workers was among the eye-catching measures unveiled MEDICAL AIDS TO PAY AT LEAST R300 A SHOT BL PREMIUM. 17 May 2021 - 05:43 Garth Theunissen and Katharine Child. The department of health says private medical aids will be chargedmore than R300 a
SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
A BAD WEEK FOR ADAPT IT’S SBU SHABALALA A bad week. The implosion of his personal life couldn’t have come at a worse time for Adapt IT founder and CEO Sbu Shabalala. With his company in the midst of a takeover tussle between two BUSINESSLIVEFINANCIAL MAILBUSINESS DAYBUSINESS TIMESFINANCIAL TIMESB LPREMIUM
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. TENSION BETWEEN PITSO MOSIMANE AND SUNDOWNS ESCALATES Exorbitant legal costs and fraud drain embattled RAF . The Road Accident Fund is the economy’s second biggest liability after Eskom as it battles a claims liability of about R330bn FUNDING FOR SAA SUBSIDIARIES IS LEGAL, SAYS THE TREASURY MARKET WRAP: Rand back below 13.50/$ as US nonfarm payrolls miss target . The rand, which had been slightly weaker before the US labour data, firmed after its PETROSA BOARD DISCUSSED BUSINESS RESCUE BEFORE IT WAS BL PREMIUM. 28 May 2021 - 05:10 Lisa Steyn. As crisis-struck PetroSA struggled to pay its debt and salaries, its board considered tossing it into bankruptcy protection or liquidation before being METROBUS GOES TO COURT TO STOP COSTLY, FOUR-WEEK STRIKE 25 May 2021 - 17:50 LUYOLO MKENTANE. Metrobus says it is exploring all avenues to end an indefinite strike that has brought its busoperations to a
BIG TREE LISTING BRINGS A PURE COPPER PLAY TO INVESTORS BL PREMIUM. 17 May 2021 - 05:47 Allan Seccombe. Fresh from buying the O’Okiep Copper Company, Big Tree Copper plans to list in SA, bringing a pure copper play in PATEL BILL SEEKS PAY GAP TRANSPARENCY BL PREMIUM. 19 May 2021 - 05:10 Linda Ensor and Hajra Omarjee. A requirement that companies disclose wage differentials between executives and workers was among the eye-catching measures unveiled MEDICAL AIDS TO PAY AT LEAST R300 A SHOT BL PREMIUM. 17 May 2021 - 05:43 Garth Theunissen and Katharine Child. The department of health says private medical aids will be chargedmore than R300 a
SAA BUSINESS RESCUE FINALLY OVERAUTHOR: CAROL PATON SAA business rescue finally over. The business rescue practitioners of SAA handed the airline back to its interim board and management onFriday, filing a
A BAD WEEK FOR ADAPT IT’S SBU SHABALALA A bad week. The implosion of his personal life couldn’t have come at a worse time for Adapt IT founder and CEO Sbu Shabalala. With his company in the midst of a takeover tussle between two BUSINESS LIVE SUBSCRIPTIONS We have several subscription options to help you enjoy the best of our content every day, including real-time financial data and articles from our international business news partners. WELCOME TO THE WORKSPACE REVOLUTION 16 hours ago · Though the pandemic has left empty a large chunk of commercial buildings across global business hubs, it seems the end of the office is not yet nigh. It looks increasingly likely that officeswill
NEW VEHICLE SALES FOR MAY TRIPLE, CONTINUING PATH TO RECOVERY BL PREMIUM. 01 June 2021 - 14:25 David Furlonger. New-vehicle sales in May almost trebled those of a year earlier as the motor industrycontinued its
TECH REVIEW: AIRPOP FACE MASKS 16 hours ago · AirPop face masks. Cool factor 2/5 Usability 5/5 Value for money 4/5. Here is a review we would have thought nearly unimaginable a year ago: hi-tech ALL-NEW TOYOTA LAND CRUISER 300 HEADS FOR SA SOON Picture: KOLESA.RU. The international reveal of the new Land Cruiser 300 is imminent, and Toyota’s luxury all-terrainer will be in SA by the end of 2021. Spy pictures and renderings reveal that STEPHEN CRANSTON: GETTING BACK TOGETHER 16 hours ago · Sanlam and Absa (once known as the Amalgamated Banks of SA) have had a cultural affinity for many years, in particular through the Volkskas EDITORIAL: AN SABC ROLE MODEL? 16 hours ago · The SABC — whose gutting by successive executive teams culminated in the surreal reign of former radio producer Hlaudi Motsoeneng — has notched up its first monthly profit in five years ZIMBABWE’S MONEY-GO-ROUND 16 hours ago · A new law in Zimbabwe bans the pricing of goods and services in foreign currency. It’s supposed to ensure fair pricing — but so far it only seems to have fuelled inflation TOBY SHAPSHAK: SIX YEARS LATE, IT’S TIME TO ACT 16 hours ago · Finally, SA has started its long overdue transition of analogue television signals from a range of spectrum that is considered so valuable it is known as the "digital dividend". Theglobal
WATCH: STOCK PICK
1 day ago · Graeme Franck from PSG Wealth Sandton Grayston chose AVI as his stock pick of the day. “I’m going to go for AVI, it’s a defensive stock, the share price has been pretty much flat to downBusiness Live
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MALAWI TOP COURT ANNULS MUTHARIKA’S 2019 ELECTION VICTORY JUSTICES SAY VOTE IRREGULARITIES WERE WIDESPREAD, SYSTEMATIC AND GRAVE AND ORDER RE-RUN WITHIN 150 DAYS 03 February 2020 - 22:33 Frank Phiri__
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Malawi's President Peter Mutharika. Picture: AMOS GUMULIRA / AFP Lilongwe — Malawi’s Constitutional Court on Monday annulled the May 2019 presidential vote that declared Peter Mutharika a winner and ordered a re-run after an application from opposition parties citingirregularities.
Mutharika, Malawi president since 2014, won the election with a 38.57% share of the vote, with opposition party leader Lazarus Chakwera getting 35.41% and Deputy President Saulos Chilima, who formed his own party, had 20.24% in the final tally. The electoral commission declared Mutharika the winner despite complaints of irregularities including results sheets with sections blotted out or altered with correction fluid. Mutharika had pledged to crack down on corruption and revive the economy in his second five-year term. Malawi Congress Party leader Lazarus Chakwera (left) and politician Sidik Mia (centre) arrive at the Lilongwe High Court in Lilongwe, Malawi, February 3 2020. Picture: AMOS GUMULIRA / AFP But Chakwera, the president’s main rival, and Chilima rejected the results and filed a petition to the High Court asking it to nullifythe results.
In a unanimous decision, a panel of five judges ordered that a new presidential vote be held within 150 days. “It is almost impossible to have an election free of irregularities,” said justice Healey Potani, who headed the panel. “However, in the present matter our finding is that the anomalies and irregularities have been so widespread, systematic and grave such that the integrity of the result was seriously compromised, and can’t be trusted as the will of voters of the May 21, 2019 election.” In a landmark ruling for the country, the court describe the conduct of the electoral commission as “very lacking and demonstrated incompetence”. Get our news and views in your inbox The status in the presidency would revert to before the elections, Potani said, which meant Chilima would be reinstated asvice-president.
The court also directed parliament to consider recalling the electoral body, which is headed by Supreme Court of Appeal judge Jane Ansah, to “ensure smooth conduct of fresh elections”. The streets in Lilongwe and the commercial capital Blantyre were unusually quiet ahead of the ruling, and many businesses were shut, fearing violence and looting from supporters of the losing side. Security forces were out on the streets in large numbers, and the justices delivering the verdict were flown in on a military aircraft and arrived at the venue in armoured vehicles. Malawi, a lakeside nation on the southern tip of the Great Rift Valley, is dependent on foreign aid and is frequently beset by drought which threatens the lives of thousands of people. Former law professor Mutharika, 79, oversaw infrastructure improvements and a slowdown in inflation in his first five-year term, but critics accuse him of cronyism and failing to tackle graft._Reuters_
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