Sunday, July 23, 2017

Politics weighs as Reserve Bank mulls rate cut

The weak economy requires an interest rate cut‚ but the Reserve Bank's monetary policy committee may be reluctant to announce one when it meets...

Eskom denies it is ‘broke’

Power utility Eskom has denied that it is “broke”. Responding to reports questioning its financial sustainability‚ the electricity provider said that due to limitations around...

Deal with marine litter from dry land

Like many other coastal areas in South Africa, East London and Port Elizabeth are also important centres of industrial manufacturing and economic development. Barbara Thomson East...

SA still living the high life

South Africa's super-rich don't shy away from luxury brands in supercars, private jets, watches, alcohol or clothing. The newly released results of a New World...

Lala Lapa reopens with a bang

KLEINEMONDE’S favourite hotspot, Lala Lapa, has had new life breathed into the premises since new owners Herman and Drika Louw bought the business earlier...

Taxman ‘spies’ on staff mails to top media houses

The South African Revenue Service is spying on its staff’s e-mails to catch any that are sent to media organisations. The blanket monitoring which has...

Crackdown halves number of foreigners with temporary residence permits

The number of temporary residency permits awarded to foreigners has halved since 2012‚ while permanent residency figures have multiplied by nearly five times. A survey...

Bell Pottinger and the dark arts of Wikipedia

Leaked e-mails show that PR firm Bell Pottinger seems to have side-stepped Wikipedia regulations to edit entries about the Gutpa family Picture: iStock Controversial PR firm...

Every drop counts: Warning issued as levels at dams plunge and little rain in...

Poor rainfall this winter season will plunge the Eastern Cape province deeper into drought crisis, writes Asanda Nini. This as provincial dams are drying up. Water...

While legislation is in the pipeline‚ South Africans remain unprotected from cycbercrime

Hacker  Image: iStock South Africa's approach to protecting its cyberspace has ranked 58th out of 165 countries in the world. According to the United Nations’ latest...

South Africans are starting to save for a rainy day

Fewer South Africans are taking loans from banks‚ micro-lenders and family‚ despite increasing financial pressures, writes Suthentira Govender. This is according to the latest Old...

Zoo workers strike but animals OK

The Pretoria Zoo has failed in a last-ditch bid to prevent a strike, writes Sipho Mabena. The National Trade Union Congress slapped a strike notice...

NMMU to phase out engineering diplomas

National diploma programmes in civil, electrical, industrial and mechanical engineering will no longer be offered at NMMU, while new bachelor degree programmes will be...

High court satisfied Sanef application to halt intimidation of journalists is urgent

The high court in Johannesburg on Thursday held that the application by the South African National Editors Forum to halt attacks on journalists by...

SARS sets sights on high-net-worth individuals

HIGH-NET-WORTH individuals (HNWIs) will find themselves under greater scrutiny from SARS in the immediate future, according to Jerry Botha, managing partner at Tax Consulting...

‘Hostage drama’ that shut down CBD was a false alarm‚ say police

A reported hostage drama that brought Cape Town city centre to a standstill on Wednesday turned out to be a cellphone theft‚ according to...

Outa forcing Eskom to spill the beans

BY LINDA ENSOR Eskom's attempt to keep some of its operating data secret will be scrutinised at a public hearing this week, following a successful...

‘White’ not right: ANC to call it just ‘monopoly capital’ from now on

BY QAANITAH HUNTER, NEO GOBA, NGWAKO MODJADJI AND OLEBOGENG MOLATLHWA ANC policy discussions took an ugly turn yesterday when insults were hurled at former cabinet...

Revenue collection target is R1.265-trillion: SARS

The South African Revenue Service (SARS) has emphasised that the new revenue collection target for the 2017/18 financial year is R1.265-trillion. It noted that an...

Consumer regulator goes after third retailer charging ‘illegal’ club fee

TFG (The Foschini Group) is the latest national retailer to be referred to the National Consumer Tribunal for charging account holders a club fee...

How the Guptas planned to ‘capture’ Reserve Bank man

'I would never give permission for my CV to be transferred to anyone else' The Gupta family seems to have tried to "capture" at least...

SA’s GDP is down in the dumps

Factory output suffered a sharp decline in June, judging by the Absa purchasing managers index, which showed a shock 4.8-point drop to 46.7 points. Absa...

Reserve Bank Governor defends its independence

Reserve Bank Governor Lesetja Kganyago defended its independence on Monday in the face of a recommendation by the country's main anti-graft watchdog agency that...

Timeshare holiday schemes a scam‚ consumer commission inquiry told

 Swindled holidaymakers have taken turns telling the National Consumer Commission’s Timeshare Inquiry how they were bullied and pressured to sign perpetual contracts‚ paying holiday...

Mineworkers face bleak future – Anglo Gold to retrench up to 8500 workers

The second retrenchment from his job as a mine worker will come as a blow to Vuyisani Lengisi, a breadwinner for his six children...

‘Spur bully’ allegedly no stranger to altercations

[youtube https://www.youtube.com/watch?v=ypUFmybxN30?rel=0&enablejsapi=1] The white male seen in the footage exchanging angry words with a woman at a Spur eatery at The Glen shopping centre in...

Big drop in petrol price

Welcome relief for consumers is that the Department of Energy has announced a massive drop in the petrol price for July. The price of 95...

SA marching toward universal health care

South Africa is marching toward universal health care‚ with the White Paper on National Health Insurance to be gazetted on Friday paving the way...

Criminal complaints against 100 social media users

AfriForum laid criminal complaints against 100 social media users on Thursday for allegedly posting messages containing hate speech‚ racism or incitement to violence. The civil...

Firms scramble to recover from wave of cyber attacks

Thousands of computer users across the globe scrambled to reboot on Wednesday after a wave of ransom ware cyber attacks spread from Ukraine and...