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BUSINESS

BUSINESS

African Bank CEO designate is a black woman

African Bank CEO designate is a black woman

This is part of the bank’s mandate and policy to empower women, especially from the black sector. Changes sweeping through the bank is part of the board plan as it reinforces its stability in the banking and financial sector, respectively. She takes over from Brian Riley, who informed the board that he intends stepping down […]

Heineken partners to produce first Soweto Lager

Heineken partners to produce first Soweto Lager

IF THE SCENES which played out at the Soweto Brewing Company’s premises at Ubuntu Kraal where a lengthy line of refrigerators were rapidly being relieved of half liter cans of a new brand of beer, by the hundreds and immediately being peddled away in the direction of numerous tables occupied by evidently thirsty guests, in […]

B3 chairman continues to cater for the vulnerable in the East Rand

B3 chairman continues to cater for the vulnerable in the East Rand

Beneficiaries are the Kwa-Thema Stimulation Centre, that caters for the disabled and vulnerable children in the East Rand-Ekurhuleni, since 2003. The purpose of the event is not only for the business to interact and collaborate with various stakeholders, but it’s to contribute to growth and development of the Kwa-Thema Stimulation Centre. However, the funds raised […]

Cosatu’s march to highlight State Capture reports

Cosatu’s march to highlight State Capture reports

The federation has threatened to shut down the country as it marches on city halls‚ banks‚ the Chamber of Mines‚ Eskom and the SA Local Government Association (Salga). Among its demands is that President Jacob Zuma appoint a judicial commission of inquiry to probe state capture. Cosatu‚ which has called on Zuma to resign‚ wants […]

Auditing firm KPMG to face Parly as the cookie crumbles

Auditing firm KPMG to face Parly as the cookie crumbles

“This could totally destroy KPMG’s reputation in South Africa, especially as they were used because of their credibility,” said Nyami Booi, the ANC chief whip in parliament’s standing committee on public accounts (Scopa). A source close to Scopa said the review might include the company’s report into the 783 criminal charges against President Jacob Zuma […]

Its back to business for Joburg CBD as electricity is finally restored

Its back to business for Joburg CBD as electricity is finally restored

Large parts of the city were plunged into darkness the Sunday before last due to cable theft in underground tunnels. Acting MMC for Environmental Infrastructure Services Department (EISD) Dr Valencia Ntombi Khumalo thanked all affected business and residential customers of the Johannesburg Inner City for their patience and understanding during the time of the outage […]

Sim Tshabalala takes over the role of sole CE

Sim Tshabalala takes over the role of sole CE

Tshabalala has been sharing the CE role with Ben Kruger, who has stepped down with immediate effect, since 2013. This was confirmed by the Group chairman Thulani Gcabashe on Tuesday. “The board expresses appreciation to both Ben and Sim, who have successfully led the process of refreshing the group’s strategy and managed complex challenges which […]

Premium Korean Food launched in SA a sign of economical certainty

Premium Korean Food launched in SA a sign of economical certainty

With economical and political understandings between Korea and SA intact, a premium health food brand has been launched in the country, as a result of joint effort between aT and Kororo to market what is called K-Food campaign. The food and products offered by aT through the K-Food Campaign focuses on using natural, fresh ingredients […]