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Rand steady ahead of key risk events‚ as investors pile back...
The rand was stable against major global currencies on Monday afternoon‚ despite a mild sell-off in equities on major international markets.
Earlier local data was...
Mayors defend huge VBS deposits
Some mayors and senior officials in the 14 municipalities which made R1.5-billion in deposits to the controversial VBS Bank have remained defiant – even...
Busisiwe Mkhwebane still fighting R900‚000 legal bill
Public Protector Busisiwe Mkhwebane is not giving up her fight to overturn the estimated R900‚000 legal bill she was ordered to pay after her...
Barclays ditches KPMG
Barclays Africa has ditched KPMG SA as its external auditor‚ citing the recent developments around the embattled auditing firm.
Barclays Africa is the first major...
Budget 2018 at a glance
VAT is to increase by one percentage point to 15% from April 1 this year‚ to raise R22.9bn more for the fiscus.
This and other...
Treasury comes out to bat for Capitec and wants Viceroy probed
Capitec Bank received a massive boost from government on Thursday‚ with the National Treasury saying it has raised the issue of a Viceroy report...
Capitec says loan shark report appears to be filled with errors
Capitec Bank said on Tuesday that a report accusing it of being a loan shark appears to be filled with errors.
“Capitec received a copy...
Rand under pressure in risk-off trade
The rand was softer against major global currencies shortly before noon on Tuesday‚ with caution on global markets ahead of risk events later in...
Capitec and PSG shares on rollercoaster ride after Viceroy report
Capitec Bank is the latest target of Viceroy Research - the team that produced an explosive report detailing how Steinhoff allegedly cooked its books...
Artist Walter Meyer stabbed to death
Celebrated South African artist Walter Meyer has been stabbed to death‚ allegedly by someone very close to him.
Northern Cape police confirmed on Wednesday that...
Public Protector ‘a vehicle for abuse of state power’
The South African Reserve Bank has asked the high court to declare that Public Protector Busisiwe Mkhwebane abused her office and says this should...
2018 Budget to outline ‘decisive’ measures to strengthen fiscal framework: Treasury
The finance ministry will be bold in its budget next year and will take decisive measures to strengthen SA’s fiscal framework after S&P Global...
Rand reaches best level in nearly a month on positive inflation...
THE rand was firmer against the dollar on Wednesday afternoon following the release of positive consumer inflation data.
Risk factors favoured the rand on the...
Rand flat as investors watch developments in Zimbabwe and Germany
The rand was little changed against major global currencies shortly before midday on Monday‚ as a number of local and international risk events put...
Just 99 days to go and grants deadlock still not broken‚...
The technical teams of the Post Office and the SA Social Security Agency (Sassa)‚ who are central to finding a solution to the social...
GBS celebrates 140 years at Port Alfred dinner
GBS Mutual Bank held its annual dinner for clients and special guests from the Port Alfred area last week, celebrating 140 years of the...
Fire Zuma! Gordhan says Ramaphosa must act immediately if he wins...
Former finance minister Pravin Gordhan has called on Deputy President Cyril Ramaphosa to sack President Jacob Zuma in January.
“The Ramaphosa team must take over...
Rand holds onto gains as North Korea threatens nuclear test
The rand was firmer on Friday afternoon‚ tracking the euro‚ as geopolitical tension put pressure on the dollar.
The decision from the South African Reserve...
Neighbourly Notes – 14 September 2017
THE annual Universities Boat Race takes place this weekend, and it’s going to be a good one. Already the town is full of rowers...
JSE pushes higher in line with world stocks
The JSE remained in positive territory at lunchtime on Friday‚ tracking the upward momentum in global markets.
Banks were having a particularly strong session‚ with...
Rand on shaky ground ahead of US inflation data
THE rand was on shaky ground on Thursday morning‚ thanks to a dollar that has rebounded fairly sharply from its recent lows.
The rand changed...
Duduzane Zuma plans to donate money from Gupta media shares to...
President Jacob Zuma’s son Duduzane says he is in the process of selling his shares in Gupta-owned Oakbay companies.
Duduzane has been deeply immersed in...
Unemployment fund’s assets currently valued at R110bn
The Unemployment Insurance Fund (UIF) currently has assets valued at R110-billion‚ Labour Minister Mildred Oliphant disclosed on Monday.
In a written reply to a parliamentary...
MARKET WRAP: JSE closes weaker as miners retreat to stronger dollar
The JSE closed weaker on Tuesday‚ slipping below the 55‚000-point level‚ as miners came under pressure from a firmer dollar and softer commodities prices‚...
Millions bled from SA economy
Exchange control: Reserve Bank frustrated at lack of prosecutions of those responsible for 'obscene' amounts of money leaving SA illegally
The National Prosecuting Authority repeatedly...
State capture: NPA could have stopped Guptas 12 years ago, but...
BY GRAEME HOSKEN AND KYLE COWAN
The Guptas' alleged capture of swathes of the South African state and suborning of state institutions could have been...
Neighbourly Notes – 13 July 2017
THERE’S quite a lot to do this weekend starting with Christmas in July Celebrations at the Historic Pig and Whistle Inn, in Bathurst. It...
Mkhwebane was the wrong candidate for public protector says DA
FOLLOWING the recommendations of the protector, Busisiwe Mkhwebane, to change the constitution, the Economic Freedom Fighters are calling for her to step down, while...
Justice Malala: They say evil happens when the good stay silent.
Let this sink in: South Africa, you are on your own. The ANC, once a proud, clear-eyed and capable organisation, cannot come up with...
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...