High levels of government intervention, high tax rates, complicated investment opportunities and a high level of trade union involvement have weighed down South Africa’s wealth scorecard, a study revealed on Tuesday. New World Wealth analyst Andrew
Author: Agency Staff
It’s the first day of the new term and eager young pupils at Megatong Primary School in Soweto gather in the school yard on Monday morning, oblivious to the uphill battle their teachers and parents have to face keep the dilapidated facility open. The school, which has
From Tuesday, thousands of pupils at township schools around Gauteng will have tablets, smartboards and unlimited mobile data during specific hours. “I am proud to declare that as from tomorrow your life will never be the same again,” Gauteng education
Eskom employees missed out on bonuses this year, spokesman Khulu Phasiwe confirmed on Monday, adding that its AGM will take place in the first week of August 2015. “It is true that we are not assigning bonuses,” he said. “It would be wrong to give bonuses if
A local recruitment start-up, which operates a business-to-business application that connects job seekers with positions at firms, has won a place to pitch its business against competitors and win a potential US$500 000 in equity. Giraffe, which runs a
Identity theft is costing South Africa a fortune and the scale of the problem is on the increase, says a research organisation. According to Cleardata, ID theft contributed to the loss of R1bn from local companies in 2014 alone. The Fraud Prevention Association
Nedbank’s new big data security tool will help the bank’s clients avoid being victims of fraud. “Nedbank Market Edge makes use of multi-factor authentication to secure client data on the platform with the use of Nedbank ID and Approve-it, which has a proven technology
The strike at MTN South Africa by members of the Communication Workers Union is finally over, said MTN’s newly appointed SA CEO, Mteto Nyati, on Thursday. “The agreement serves the common interests of MTN and the employees, and allows
Recent figures on mathematics in schools show that poor South African pupils might face a bleak future because the country’s education system is still not treating them equally, according to Equal Education. Figures in a parliamentary response by basic
Transnet chief financial officer Anoj Singh has been seconded to Eskom in the same role for six months, according to the state utility on Thursday. Singh’s secondment is effective from