SCA to hear appeal by liquidators of African Global Holding

15 November 2019, 7:08 AM
The Supreme Court of Appeal in Bloemfontein is to hear an appeal by liquidators of African Global Holding, formerly Bosasa, on Friday regarding the High Court decision in Johannesburg that reversed the liquidation of the company.
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Mining rights, community voices battle it out in court 23 April 2018, 9:21 PM

The issue of mining rights and the voice of the communities in the proposed mining areas will be in the spotlight in the North Gauteng High Court this week. The Amadiba Crisis Committee is approaching the court to make a finding on existing mining legislation that it believes states a mining right cannot be issued […]

Western Cape property industry survives economic drought 23 April 2018, 8:27 PM

The Western Cape's lucrative property industry has survived the economically devastating drought which has almost brought other industries such agriculture and tourism to their knees.

Lily mine to reopen in November 23 April 2018, 7:49 PM

Lily and Barbrook Gold mines in Barberton, Mpumalanga are set to be reopen in November.

Satawu urges non-striking bus drivers to join strike 23 April 2018, 2:23 PM

Satawu has called on non-striking bus drivers to join their striking colleagues to put more pressure on the employer to return to the negotiating table.

Metrorail in W Cape adding extra trips to help stranded commuters 23 April 2018, 7:19 AM

Metrorail in the Western Cape says its services will add additional trips to assist commuters during the national bus strike.

Thousands suffer as bus strike continues 23 April 2018, 5:43 AM

Thousands of commuters are again expected to be stranded Monday morning due to the continuing nationwide bus strike.

Blue Monday for commuters as bus strike continues 22 April 2018, 9:55 PM

It will be a blue Monday for commuters with the bus strike yet to be resolved.

Lesetja Kganyago
Trade conflicts benefit no one: Kganyago 22 April 2018, 7:26 PM

Trade conflicts benefit no one as there are no winners, says Chair of the International Monetary Fund's top policy steering committee Lesetja Kganyago.

Gordhan determined to rid SOEs of corruption 22 April 2018, 8:17 AM

Public Enterprises Minister, Pravin Gordhan, has expressed confidence that the country will begin to see proper investigations and prosecutions into allegations of corruption at state-owned enterprises.

Saftu proposes R12 500 minimum wage 22 April 2018, 6:52 AM

The South African Federation of Trade Union (Saftu) which has proposed a R12 500 minimum wage, says it hopes that the Department of Labour will incorporate its proposal into the re-drafted Minimum Wage Bill.

Pravin Gordhan
Gordhan talks efforts to rehabilitate SOEs 21 April 2018, 9:55 PM

Public Enterprises Minister, Pravin Gordhan says radical surgery is required to ensure that Eskom’s municipal debt of 13.5 billion rand is addressed, warning that the power utility was carrying an unfair burden.

Pravin Gordhan
Those involved in corruption will be brought to book: Gordhan 21 April 2018, 7:31 PM

Public Enterprises Minister Pravin Gordhan says he's confident that those who are involved in corruption at state-owned enterprises will be brought to book.

Numsa won’t support Minimum Wage Bill 21 April 2018, 3:22 PM

Trade union Numsa has reiterated that it will not support the current National Minimum Wage Bill.

Lily Mine under new ownership 21 April 2018, 12:51 PM

New investors, Siyakhula Sonke Empowerment Co-operation, have bought the Lily Gold Mine in Barberton, Mpumalanga, for an undisclosed amount of money.

Parliament sends minimum wage Bill back for re-drafting 21 April 2018, 12:45 PM

Parliament's Labour Portfolio Committee has sent the Minimum Wage Bill back to the Labour Department for re-drafting.

Return of business confidence augurs well for the future: Kganyago 21 April 2018, 7:35 AM

Reserve Bank Governor and newly appointed chair of the policy steering committee of the International Monetary Fund believes a return of business confidence augurs well for the future of the country's economy.

Business confidence to boost SA’s growth target 20 April 2018, 9:15 PM

The leadership of South Africa’s Treasury and Reserve Bank believe a return of business confidence could give the economy the necessary boost to realize President Cyril Ramaphosa’s growth target of 3% for 2018.

Siyakhula Sonke buys Lily Gold Mine 20 April 2018, 6:01 PM

New investors, the Siyakhula Sonke Empowerment Co-operation, have bought the Lily Gold Mine in Barberton, Mpumalanga, for an undisclosed amount of money. Vantage Goldfield – the former owners of Lily and Babrook mines, have decided to sell both mines. The new company says it want to start operating soon. CEO Fred Arendse says they have […]

Steinhoff shareholders to voice concerns over their losses 20 April 2018, 3:19 PM

Shareholders of retail giant Steinhoff are expected to voice their concerns regarding the losses incurred since the share price collapse was triggered in December.

17 community radio stations face shutdown 20 April 2018, 11:29 AM

The Department of Communications is scheduled to meet with broadcasting signal distributor Sentech on Friday, to avoid switching off 17 community radio stations.

IMF warns against the ‘explosion of crypto-currencies’ 20 April 2018, 8:21 AM

The Managing Director of the International Monetary Fund has warned that the explosion of crypto-currencies like Bitcoin will have stability implications for the global economy moving forward.

Commuters left stranded as bus strike enters third day 20 April 2018, 7:08 AM

Commuters who use buses as their primary mode of transport will once again have to find an alternate mode of transport on Friday morning as the nationwide bus strike enters its third day.

Community radio stations face shutdown 19 April 2018, 8:26 PM

The National Community Radio Forum wants the Communications Minister to intervene in the stalemate between community radio stations and signal distributor, Sentech.

Bus strike affecting nearly all sectors – Cape Chamber of Commerce 19 April 2018, 3:21 PM

The bus strike has created problems and disruptions for everyone, from schools to factories, the Cape Chamber of Commerce said on Thursday. Although the national strike was having a crippling effect, chamber president Janine Myburgh said it was still too early to quantify the damage. “It is still a bit early to judge the economic […]

“There is huge financial management at Denel” 19 April 2018, 3:08 PM

Trade union Solidarity says there is huge financial mismanagement at weapons manufacturing parastatal, Denel.

Absa denies role in Steinhoff shareholders’ losses 19 April 2018, 2:09 PM

Absa Bank, a wholly-owned subsidiary of Barclays Africa Group Limited (BGL), has distanced itself from compiling or reviewing the financial statements of Steinhoff International, saying that it was only the retailers' Johannesburg Stock Exchange (JSE) transaction sponsor.

Summit aims to boost India-SA trade relations 19 April 2018, 11:26 AM

South Africa will at the end of this month host the India-South Africa Business Summit at the Sandton Convention Centre in Johannesburg.

Malema faces prosecution over alleged corruption 19 April 2018, 10:06 AM

Economic Freedom Fighters (EFF) leader Julius Malema is to face a private prosecution by lobby group AfriForum for alleged corruption.

Talks push to end nationwide bus strike 19 April 2018, 9:22 AM

A salary increase for bus drivers is one among several negotiation issues to be discussed at the South African Road Passenger Bargaining Council in Johannesburg today.

Nene leads SA delegation at IMF, World Bank meetings 19 April 2018, 6:02 AM

Finance Minister Nhlanhla Nene is leading the South African delegation to the bi-annual meetings of the International Monetary Fund and World Bank in Washington.