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BUSINESS

BUSINESS

Lucas Radebe teams up with Jawitz Properties for the #RealLifeRealEstate series

Lucas Radebe teams up with Jawitz Properties for the #RealLifeRealEstate series

In the series, the former Kaizer Chiefs centre-back, who happens to be a Jawitz Properties client -tackles the emotionally-compelling story of ‘what makes a house a home?’ With omnipresent celebrity, the bespectacled Masego “Maps” Maponyane present at the Milkbar restaurant venue, the man fondly referred to in local footballing circles as, “Rhoo” diverted from his speech by acknowledging the presence of the […]

Dr Rupert in conversation with Given Mkhari

Dr Rupert in conversation with Given Mkhari

Scheduled for December 4 2018, the Chairman’s Conversation affords influential figures in SA to chart ways on business, economy, investment and global business opportunities, etc. A philanthropist Dr Rupert, whom some have identified as controversial for having carved a soft spot for both political and trade unions, is the founder and chairman of Richemont, a […]

Absa’s Maria Ramos injects new blood at exec level

Absa’s Maria Ramos injects new blood at exec level

Paul O’Flaherty, who has previously served as CFO at Eskom and CEO of ArcelorMittal SA, replaces Charles Russon, as the head of engineering services and also join the executive committee. This was confirmed by the company as part of executive restructuring. O’Flaherty will oversee Absa’s Corporate and Investment Bank (CIB). He was chosen to spearhead […]

‘I found wide scale fraud and theft perpetrated across VBS Mutual Bank leaving a related financial hole of some R1.8 billion’ says VBS curator

‘I found wide scale fraud and theft perpetrated across VBS Mutual Bank leaving a related financial hole of some R1.8 billion’ says VBS curator

Based on the financial information contained in the “preliminary” restated 2017 financial statements of VBS, the curator was of the opinion that there was no reasonable probability that the continuation of the curatorship will enable the Bank to pay its debt and meet its obligations and become a successful concern. Rooplal noted, “In my investigation […]

Axed Transnet boss Gama cries foul and takes matter to labour court

Axed Transnet boss Gama cries foul and takes matter to labour court

Transnet director Edward Kieswetter confirmed to Business Day that the board had received Gama’s court papers. ‘‘We received court papers late last night and … our senior counsels are busy preparing a response.’’ When asked if Gama had reported for work on Tuesday‚ Kieswetter said to his ‘‘best knowledge’’ he had not. This is despite […]

Soweto TV gets state of the art facility and brand new logo

Soweto TV gets state of the art facility and brand new logo

Yes, I’m referring to Soweto Television that recently signed a multimillion rand deal with Nasper’s owned MultiChoice, recently. The deal offers installation of Soweto TV’s final control facility at the world acclaimed street Vilakazi, in Orlando, where the station was founded eleven years ago. Being the first community TV station in the country to be […]

Mentorship Challenge season 2- who wants to pocket a cool R1m?

Mentorship Challenge season 2- who wants to pocket a cool R1m?

The company launched two of its compelling initiatives that, in line with its higher purpose “to manage spaces in a way that changes lives”, build on the success of the popular The Mentorship Challenge with Marc Wainer. With South Africa facing an unemployment crisis, the corporate sector has a greater role to play in creating […]

Jobs Summit- take it serious warns Cosatu

Jobs Summit- take it serious warns Cosatu

The summit, which will be convened by the National Economic Development and Labour Council (NEDLAC) will take place at the Gallagher Convention Centre in Midrand, Gauteng on 4 and 5 October. “The President stated that the summit would examine what needs to be done to ensure the economy grows and becomes more productive, that companies […]

Relaxed visa and immigration laws to increase both economy, tourism

Relaxed visa and immigration laws to increase both economy, tourism

Today, the minister of Home Affairs Malusi Gigaba announced, in a move to increase economic opportunities, a relaxed visa regulations. This means foreign students‚ businessmen and frequent visitors are among those who will benefit from new immigration rules but according to Gigaba, this does not mean there will be free for all. The move includes […]

SEIFSA, SA’s worst collective bargaining negotiator

SEIFSA, SA’s worst collective bargaining negotiator

This call by the President and the dire situation South Africa finds itself in, especially as far as unemployment and its socio-economic consequences are concerned, is yet again simply ignored by South Africa’s Steel Federation (Seifsa) and the trade unions in the Steel Industry. Their response to the President’s call is to request, with the […]