MTN Group, the South African wireless carrier that’s been trying to repatriate US$1bn from Iran, has managed to extract several hundred million dollars or several billion rand from the country with the
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Government may extend its deal with Net1 UEPS Technologies, a company that it has been embroiled in legal battles with, because it’s not ready to make welfare payments worth about R129bn/year when the contract ends
Nedbank said South African mines minister Mosebenzi Zwane urged the lender to reconsider its decision to sever ties with companies tied to the Gupta family, who are friends of President Jacob Zuma and in business with his son. Nedbank, in a letter
The only place left for former SABC chief operating officer Hlaudi Motsoeneng is jail, said Democratic Alliance leader Mmusi Maimane after the party won its application to have his appointment as group executive of corporate affairs
A new court-ordered disciplinary committee needs to clear Hlaudi Motsoeneng’s name and a public protector’s report needs to be overturned on review for him to lawfully work at the SABC. The new disciplinary committee will be chaired by
Opportunity Network, the digital matchmaking platform for CEOs, has begun talks with domestic banks with the aim of launching in South Africa in the second half of 2017. The fast-growing platform was founded by Italian
Hlaudi Motsoeneng is not entitled to hold any executive position at the SABC, the Western Cape high court said on Monday. The court found the decision by the SABC to appoint the former
The SABC has finally handed over requested documents to parliament’s ad hoc committee which is holding an inquiry on the fitness of the broadcaster’s board. Chairman of the committee, Vincent Smith, told MPs on Monday that more
Save South Africa says it is “shocking news” that Atul Gupta is in seventh position on the Sunday Times’ Rich List. “For one man to have acquired so much wealth, so fast, is in itself very disturbing,” Save South Africa
Standard Bank has acquired a majority stake in Firepay, the company that develops popular mobile payments platform SnapScan. Terms of the deal have not been disclosed. Firepay launched SnapScan in partnership with Standard Bank