Deputy President Cyril Ramaphosa has taken the gloves off in the contest to become South Africa’s next leader, delivering a scathing speech criticising “the rot” and widespread patronage plaguing the ANC. Ramaphosa stopped short
Author: Agency Staff
When IBM shareholders gather on Tuesday, they’ll be asked to sign off on a $33m pay package for CEO Ginni Rometty. It’s a hefty sum for any CEO, let alone one who’s overseen five years of
Are electric cars ready to stand on their own? If you took a spin down to the New York International Auto Show last week and saw the $37 500 (R486 000) Chevy Bolt (electric) parked next to
Alibaba Group chairman Jack Ma said society should prepare for decades of pain as the Internet disrupts the economy. The world must change education systems and establish how to work
President Jacob Zuma may maintain his political clout well after he relinquishes office if his ex-wife and mother of four of his children, Nkosazana Dlamini-Zuma, succeeds him. While Zuma, 75, hasn’t openly anointed
Public enterprises minister Lynne Brown has declined Eskom’s proposal to pay its former group CEO Brian Molefe a R30m pension payout. In a statement, the minister said the Eskom board’s reasoning
A crisis has emerged in South Africa and “the rot has set in” within the ruling ANC, deputy President Cyril Ramaphosa said on Sunday. “Corruption must be rooted out” and anyone found
One of the best-kept secrets of America’s billionaires is the size of their tax bills. Tesla has provided a rare glimpse into this world, disclosing on Thursday that its billionaire CEO, Elon Musk, paid at least $593m
CEO Kazuo Hirai is showing the turnaround at Sony was no fluke. The Tokyo-based company reported preliminary operating profit of ¥285bn (US$2,6bn; R34,3bn) for the fiscal year to March 2017, 19% higher than its previous
Newly appointed finance minister Malusi Gigaba should be given time to settle into the job before being judged on his performance, according to central bank governor Lesetja Kganyago. President Jacob Zuma’s decision to fire Pravin Gordhan as finance