Business

LATEST

Uber cites 13,000 jobs created in tough economy, supports special police unit

E-hailing service Uber on Friday backed the Competition Commission's recommendation that police should consider forming a specialist unit to deal with violence within SA's transport industry.

High gold prices see AngloGold Ashanti's earnings soaring

AngloGold Ashanti posted an expected 72% leap in annual earnings on Friday, boosted by higher bullion prices and its Kibali joint venture in Democratic Republic of Congo, as it forges ahead with a disposal plan to focus on higher returns. The gold miner, which last week said it was selling its last remaining South African assets to Harmony Gold for $300 million (R4.

How I saved R1,000 on my phone bill

I am saving more than R1,000 on my cell phone bill which has put me on the path to reach my goal to set up an emergency fund this year.

The one letter from a creditor that you should never ignore

When you’re battling to pay your bills, it’s tempting to leave your mail unopened.

Get a tax booster for your returns

The tax year-end is fast approaching and your window of opportunity to ensure less of your hard-earned money ends up with the taxman is closing.

'Sharp', the not-so blunt truth about financial literacy

Everything is not alright - not if we are honest about the finances of the country and in our households.

I won't let Game to fail - Massmart CEO Mitch Slape

Massmart’s new chief executive Mitch Slape said on Wednesday he was not ready to let the firm’s Game department chain fail as the South African retailer undergoes a turnaround plan aimed at cutting costs and boosting profit and margins. Slape, a Walmart veteran who took over the top job in September, announced a turnaround strategy in January that will see Massmart exit poor performing categories such as fresh and frozen food and re-introduce basic apparel such as shirts and socks at its Game...

Innovator seeks to rid Soweto of backroom shacks

Social entrepreneur Nhlanhla Ndlovu has fast become a star in the construction industry with his idea of replacing backyard shacks with decent housing.

DSTV subscriptions see marginal increase

Pay media company DStv today revealed that prices for most of its products will just see a marginal increase. The company, which increased the subscription of its premium service by R10 (1.24%) and Compact Plus also by R10 (1.93%), said it was locking prices in an effort to continue providing value to subscribers.

In the market to rent? Make sure you're a quality tenant

Finding quality tenants, together with ever-escalating property costs, is eating away at landlords' profits in an environment which does not bode well for rental prices.

Big win for consumers as Competition Commission announces car service guidelines

The Competition Commission has gazetted draft guidelines that seek to put an end to motorists being forced to have their in-warranty cars serviced or repaired only at manufacturer-approved service dealerships.

Mining companies welcome plans to open up power generation

President Cyril Ramaphosa in his annual state of the nation address Thursday night outlined a raft of steps that will allow firms to generate electricity for their own use.

Union takes SAB to competition authorities over retrenchments

A labour union representing workers at SA Brewers is hauling the beer producer to competition authorities after the company decided to cut jobs. The Food and Alliance Workers Union (Fawu) is frothing at the mouth after it emerged this week that the SAB, which was taken over by ABInBev in October 2016, was planning to retrench 500 workers.

At least 1,000 retrenchments likely at SAA, unions tell labour court

What the business rescue practitioners at SAA are doing at the airline amounts to the start of retrenchments and they must follow the processes envisaged in the Labour Relations Act.

Lotteries commission silent on COO's 'leave of absence' amid allegations

The National Lotteries Commission has refused to confirm a DA claim that it has given leave of absence to its chief operating officer amid an investigation into alleged improper use of funds

How soon should you and your Valentine start talking about money?

Couples typically say I love you within seven months, but they take a lot longer to share information about their finances, according to a survey.

How not to blow any of your unexpected millions

I Blew It, the hit reality series on DStv’s Mzansi channel, has once again put the spotlight on the dark side of unexpected financial windfalls.

Nedbank warns customers of a personal-security breach

About 1-7-million clients of Nedbank‚ of which 1.1-million are active‚ were potentially affected by a “data security incident" at a company handling SMS and e-mail marketing for the bank.

Should your Valentine be rich or just able to pay his or her bills on time?

You may be wishing for an independent, wealthy partner, but a high earner may be the wrong financial trait to look for in your Valentine.

Learning your partner’s love language can save you money

Knowing your partner’s “love language” can save you strife and definitely money – and not only on relationship counselling.

AngloGold to sell assets to Harmony, earnings disappoint

AngloGold Ashanti said on Wednesday it would sell its remaining South African assets for about $300 million to Harmony Gold, after announcing it would shrink its portfolio and focus on assets with higher returns.

20 ETF facts on 20 years of investment shake-up in SA

This year SA's exchange-traded fund industry will mark 20 years in the country, with an almost 30% increase in investments in these listed, index-tracking funds in 2019 alone.

Not even Christmas shopping could help lift jobless numbers

Unemployment in the fourth quarter of 2019 was flat at 29.1%, the first time it has not decreased in the fourth quarter since 2008, says Stats SA

SAA unions head to court to stop job losses

Numsa and Sacca want to stop business rescue practitioners from retrenching staff at the airline, until they have complied with the Labour Relations Act

More young women should join science fields, says top metallurgist

Linda Mahlangu is this year celebrating her 18th year anniversary in the metallurgical field as one of the few women in the male-dominated industry.

SA firm to export 20 million masks to China

You wouldn't be blamed for thinking you were walking into a library when entering the manufacturing plant of Universal Safety Products in Laudium, Pretoria.

Rescue practitioners defend SAA plan

Decisions to cut routes were taken in the best interest of SAA says Les Matuson and Siviwe Dongwana

Mining companies keen to start generating own power

South African miner Gold Fields has wanted to build a solar plant at its South Deep gold mine outside Johannesburg for more than three years.

Jerry Tsie adds new flavour to an amazing life story

Agriculture plays a key role in the economic development of most countries in the world.

Welcome to Webmail!

Business