You might think retailers of fast moving consumer goods (FMCG) have a better story to tell than their counterparts in other sectors despite sluggish economic conditions, but, on evidence of Shoprite Group CEO’s recent statements, that does not seem to Read the full story
It appears revered rating agencies are prone to downgrading institutions at the flimsiest of factors and that’s unfair for a country like South Africa, the South African Reserve Bank (SARB) has bemoaned. In a statement, the central bank disputed grounds Read the full story
If African Bank, which currently is in an equivalent of financial ‘ICU’, is looking for someone to preside over its turnaround, it does not look no further than Brand Pretorius, a renowned businessman and author. Credited for rescuing Mc McCarthy Read the full story
They might seem negligible, but don’t underestimate their impact. When all the individual cases of cable theft are added, cumulatively, the economy loses or has a replacement burden of R5 bn per annum, according to the SA Chamber of Commerce Read the full story
Well-intentioned as they appear, the Department of Trade and Industry’s (dti) plan to bring radical changes to the BEE certification processes and preferential procurement policy could backfire within next three years, fears black economic-empowerment (BEE) advisory firm, EconoBEE. EconoBEE CEO Read the full story
In the current economic times which are militating against the survival of start ups, success stories deserve recognition. Indeed, when the Department of Agriculture, Forestry and Fisheries awarded a group of women entrepreneurs in the North West the Female Entrepreneur Read the full story
Despite wide criticism from ‘ethical’ environmentalists and economists, the Department of Energy will be going ahead with the development of nuclear energy as it has emerged that the hydropower project might take much longer than initially anticipated. It has dawned Read the full story
There is no excuse for procurement fraud in the construction sector, but then it is ingenious to pretend that it does not occur. And some of the professional bodies that have acknowledged the existence of bad apples within their Read the full story
You might have heard that the Department of Trade and Industry (DTI) has introduced tariffs on imported poultry products to protect local producers from “unfair competition. Unfortunately, it’s bad for consumers, good for producers. For entrepreneurs this means there will Read the full story
There is something creepy about the National Development Plan (NDP). It represents a wholesale attempt by those with ulterior capitalist interests to replace Ruth First’s Freedom Charter. This was said by Irvin Jim in his speech during the Ruth Read the full story
