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Business

'Tighten tender processes'

Sep 09 2010 13:03

The state needs to tighten the tender system in municipalities to fight corruption and take politicians and councillors who abuse it to court, parliament hears.

Business

Treasury under fire in parliament

Sep 09 2010 09:37

Treasury is protecting big banks and helps them to delay transformation in the industry, hears parliament.

Business

Outcry as mining firm is 'hijacked'

Sep 09 2010 08:19

The chairperson and directors of a mining house have apparently been unlawfully replaced by strangers in the records of the fraud-ridden Cipro.

Business

Dispensing fee to be 'transparent'

Sep 08 2010 18:19

New draft regulations will introduce "transparency and fairness" to the dispensing fee that may be charged by pharmacists, says the Pharmacy Stakeholders' Forum.

Business

SA bosses not on fat cat salaries

Sep 08 2010 14:24

South African business executives are not being paid too much in relation to their global peers, but the wage gap between executives and labourers may cause resentment.

 
Business

Building confidence recovers

Sep 08 2010 12:33

After a steep fall during the second quarter of 2010, the FNB Building Confidence Index bounced back during the third quarter of the year.

Business

Numsa rejects auto industry offer

Sep 08 2010 09:34

Union calls on its members to continue the strike as it rejects a 10% wage increase offer.

Business

Six nuclear power stations planned

Sep 08 2010 07:57

Energy Minister Dipuo Peters says SA may get up to six new nuclear power stations, which will create 70 000 new jobs.

Business

Business confidence at annual high

Sep 07 2010 11:53

The Business Confidence Index has recorded its highest reading for 2010 in August, but experts predict a correction to follow the spike.

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Business

Bank boards need more experience

Sep 07 2010 18:03

Without at least two highly skilled bankers, banks' non-executive boards are captive to management, says the chair of Edward Nathan Sonnenbergs.

Business

Winemaker, Land Bank in legal clash

Sep 07 2010 09:45

A R37.9m dispute between winemaker Nicolas Krone and the Land Bank may lead to the Constitutional Court.

 
Business

Illegal factories get reprieve

Sep 07 2010 07:11

Government has granted hundreds of clothing manufacturers which don’t pay the minimum wage more time to comply.

Business

'Convince us' says union

Sep 06 2010 18:27

Unions are still in two minds about whether they should accept a salary increase proposed by the government, but say they are open to being convinced.

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Meet the Boss: Disney's Anne Sweeney
Sep 08 2010 16:05

The president of Disney ABC TV Group speaks about leadership and building connections between consumers and products. Time: 01:58

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Q:  Should the Reserve Bank cut interest rates?

 
Yes, the economy needs a boost.
 
No, it will unnecessarily fuel inflation.
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Finweek

Investment opportunities at your fingertips

Sep 09 2010 00:00

Companies included in the JSE’s Top 40 index earn roughly two-thirds of their annual profits outside South Africa. It’s worth mentioning that astounding statistic since our “big cats” caused quite a stir over recent weeks with various corporate manoeuvrings (real and rumoured), events that raised the profile of those counters on international markets. BHP Billiton quite unexpectedly made a cash offer of close on US$40bn for Potash Corp. In terms of market cap, it’s the world’s largest producer of raw materials for the fertiliser industry. Old Mutual is sitting around the negotiation table with HSBC, apparently the world’s largest bank, which wants to take over Nedbank for $7bn.
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