The Venter family-controlled Altron group has made further progress in disposing of non-core assets, announcing on Tuesday the planned sale by subsidiary Powertech Industries of Powertech Battery Group to Trinitas Fund for R300m in cash
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Telecommunications group MTN has a new chief financial officer. Ralph Mupita, the CEO of Old Mutual emerging markets, will take over as MTN’s CFO on 3 April 2017. Mupita’s appointment adds to a growing list of top executives
The rand rallied to below R13,60/US$ during National Prosecuting Authority (NPA) boss Shaun Abrahams’ lengthy speech ahead of his announcement that charges have been dropped against finance minister Pravin Gordhan and
South African prosecutors withdrew fraud charges against finance minister Pravin Gordhan, saying he didn’t intend to act unlawfully. The announcement on Monday by National Prosecuting Authority head Shaun Abrahams marked
Cooperative governance & traditional affairs minister Des van Rooyen is again seeking to block the release of the state capture report. Ten days after withdrawing his urgent application to interdict
The SABC has followed free-to-air rival e.tv in asking communications regulator Icasa to allow it to stop broadcasting a news bulletin in prime time, the Democratic Alliance said on Monday. The move follows
South Africa’s largest banks have successfully swapped an asset via a blockchain network, set up among themselves. The banks – Absa, Investec, Nedbank, Rand Merchant Bank/First National Bank and Standard Bank
Communications minister Faith Muthambi has fallen out with her deputy, Stella Ndabeni-Abrahams, it was reported on Sunday. Ndabeni-Abrahams, who was deputy minister of communications under both Dina Pule and Yunus Carrim before
Corruption, an arrogant leadership and faction fighting are tearing at the soul of the ANC, according to an internal report presented to the top leaders of the party after its worst-ever electoral performance. “The ANC is bleeding, with every Sunday full of headlines
A group of South African entrepreneurs has launched a venture capital (VC) company that will invest in early-stage start-ups and nurture them through each phase of their growth cycle with the aim of eventually readying them to