South Africa’s debt-laden state-owned companies may represent the single biggest risk to the country’s economy, according to Nedbank CEO Mike Brown. The assets, which include power utility Eskom
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Following the “precautionary” suspension last week for SAP Africa’s top four executives over allegations that the German company’s South African office paid kickbacks to a Gupta-owned firm to secure business
The Democratic Alliance said on Monday that it plans to lay charges of money laundering and corruption against SAP South Africa and the Gupta-owned CAD House following allegations that the German
German software giant SAP is “investigating various possible actions” after a report on Tuesday said that it had become embroiled in a corruption scandal involving a Gupta front company. According to the report published by the Daily
Liquid Telecom, the fast-growing pan-African telecommunications operator controlled by Zimbabwean billionaire Strive Masiyiwa, will spend billions of rand expanding newly acquired subsidiary Neotel’s data centres, wireless networks and fixed-line
State-owned rail, port and pipeline company Transnet wants access to a prime allocation of spectrum in the 1,8GHz band, communications regulator Icasa said on Monday. There’s a hitch, though: part of the spectrum is
Government needs to retain its ownership of state-owned enterprises (SOEs) to ensure economic growth and create employment for generations to come, said public enterprises minister Lynne Brown. In her budget speech for the 2016/2017 financial
Google has emerged as the most attractive employer among professionals in the technology and engineering sector, according to a new survey. Students, meanwhile, rate Transnet tops in the same sector. Employer branding company
India’s Tata Communications is putting on a brave face after Vodacom announced on Tuesday that it was walking away from a R7bn deal to acquire Tata’s South African subsidiary Neotel. In a letter to shareholders, Tata Communications
Five people convicted for cable theft were on Monday collectively sentenced to 140 years behind bars, Eskom has announced. The group was sentenced in the high court, sitting in Kroonstad. “The thefts occurred mainly in the Free