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Behind Ketso's dramatic exit

Foord Asset Management sent a formal demand for a shareholders' meeting to troubled cement giant PPC on Friday - a day after Richard Tomes, joint managing director of the group's South African business, confirmed his resignation

Tight squeeze balancing books as Nene broaches the taboo of privatisation of parastatals

Finance Minister Nhlanhla Nene has broached the taboo subject of privatisation with a frank explanation of why his government wants to enlist private-sector help in its bid to haul state-owned enterprises (SOEs) back from the brink of disaster.

Leaked audit report points to Post Office chaos

A leaked report by the audit committee of the embattled Post Office provides an account of chronic mismanagement and weak internal controls.
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Finer details pave the road to holiday heaven

Travel consultant Johanna Mmesi tells Margaret Harris that she loves SMSes from clients thanking her for organising them their best holiday ever' - but also appreciates complaints, because she learns from them.

Twin deals catapult Northam onto the A-list

PAUL Dunne, the CEO of platinum group Northam, is eyeing new platinum group metals (PGM) assets after raising more than R4-billion during a ...

Dippenaar's advice from a life in business

IN two days, the overall winner of the Sunday Times Top 100 Companies award will be crowned in Johannesburg.

Behind Ketso's dramatic exit

Foord Asset Management sent a formal demand for a shareholders' meeting to troubled cement giant PPC on Friday - a day after Richard Tomes, joint managing director of the group's South African business, confirmed his resignation.

Post office director lifts lid on 'board rot'

The meltdown at the South African Post Office, where a strike now in its 11th week continues to disrupt mail delivery, has spread to the top echelons, with the first resignation of a director this week.

Band-Aid budget over in under 45 minutes

FINANCE Minister Nhlanhla Nene made it all the way to the conclusion of his maiden mini budget speech before someone shouted "pay back the money".

Taste of bad debt sours winelands

Here's a story that has been doing the rounds in farming circles in the Ceres wine district about the plague of unsecured lending in the Western Cape.

Tight squeeze balancing books as Nene broaches the taboo of privatisation of parastatals

Finance Minister Nhlanhla Nene has broached the taboo subject of privatisation with a frank explanation of why his government wants to enlist private-sector help in its bid to haul state-owned enterprises (SOEs) back from the brink of disaster.

Treasury faces tough choices on tax increases

SPECULATION is swirling over what the Treasury will do to raise R44-billion in additional tax revenue over the next three years - without inflicting too much pain on a fragile economy.

Possible $5bn loss for Berkshire a drop in the ocean

SHARP drops recently in prices of many shares held by Warren Buffett's Berkshire Hathaway have hammered the sprawling conglomerate's equity portfolio.

The future of gaming companies is bright

FORMER French president Georges Pompidou may have been right in saying that gambling was one sure way to ruin people, but it represents a rich vein of profit for investors who take a punt on the gaming companies themselves.

From pizzas to diamonds, Taste has an outlet

Taste Holdings has often been asked how a jewellery unit fits into a food group's strategy.

Clicks eyes new stores as sales keep tills ringing

CLICKS Group is ploughing ahead with plans to open up to 25 new Clicks stores .

This has raised ...

Sun International deals itself new hand

SUN International, South Africa's second-largest casino and resort operator, is undergoing significant change after years of underperformance.

Not a relative of 'Top Billing' types

Musical comedian and writer Deep Fried Man offers Malcolm Rees a fresh and frank opinion on what money means and why it matters

A better way to deal with 'free' services

CELLULAR operators around the world are grappling with how to deal with over-the-top or OTT companies, offering everything from WhatsApp to Skype using the existing network infrastructure.

Spotlight to fall on Basson's pay at AGM

Despite foregoing a pay rise this year, Shoprite CEO Whitey Basson's salary is likely to come under the microscope at the retail giant's AGM in Cape Town this week.

Taste of bad debt sours winelands

Unsecured lenders sow seeds of misery among farmworkers

Behind Ketso's dramatic exit

Foord Asset Management sent a formal demand for a shareholders' meeting to troubled cement giant PPC on Friday - a day after Richard Tomes, joint managing director of the group's South African business, confirmed his resignation.

Move to healthier eatingcuts fat at Coke, McDonald's

The US may be the spiritual home of junk food, but profits at McDonald's and Coca-Cola are plunging amid signs that US customers want healthier fare.

Dippenaar recognised at Top 100

IN TWO days, the winner of the 2014 Sunday Times Top 100 Companies award will be crowned in Johannesburg.

Keeping it in the family ...

IF YOU were looking desperately for some tenuous link between the two corporate dramas of the day, you might eventually have stumbled across the Shaik family.

Post office director bails out

THE meltdown at the South African Post Office, where a strike now in its 11th week continues to disrupt mail delivery, has spread to the top echelons, with the first resignation of a director this week.

Investors rush into Ellies as Golding falls

RIPPLES from the boardroom row at Hosken Consolidated Investments (HCI), which led to the suspension of chairman Marcel ...

Does Quantum deserve all the rotten eggs?

Quantum Foods was one of this year's least promising new listings. Pioneer Foods's unwanted poultry business took its first trade on the JSE at about 500c/share before a rush for the exit pushed it towards 300c. Giulietta Talevi spoke to CEO Hennie Lourens about the lack of market love.

Another good story to tell? Oh well, let's see...

LOWER growth rates and a higher ratio of debt-to-GDP were two of key economic numbers that Finance Minister Nhlanhla Nene's medium-term budget ...

Code may end attachment spree

THE National Credit Act came into force in 2007, supposedly "to promote and advance the social and economic welfare of South Africans and promote a fair ... and accessible credit market and industry".

'Put blame on outside forces, not ineptitude'

'Sabotage' The job of the State Information Technology Agency is to drive down the state's IT bills, but vested interests are crippling its efforts, says the man at the helm

Markets wait to see if Nene can pull it off

FINANCE Minister Nhlanhla Nene's bold plan to curb budget deficits faster than expected, despite a sharp slowdown in growth, has impressed analysts and financial markets.

Microsoft 'karma' CEO earns R920m

SATYA Nadella, the Microsoft CEO who controversially advised women not to ask for pay rises, is himself on a package worth more than ...

Debt noose tightens around Edcon

EDCON'S debt squeeze appears to be getting tighter after ratings agency Moody's placed it "on review for a downgrade".

What is at core of nuclear puzzle?

Dear Corruption Watch,

SA's misplaced faith in foreign investors

YOU could be forgiven for thinking that all South Africa needs to thrive is foreign investment - and perhaps a new president. If we get enough foreign investment, we are told, our economy will flourish and there will be jobs for ... well, almost everyone.

Satellite TV is dead. Long live internet TV

DRIVEN by the rise of broadband, the era of linear television broadcasting will draw to a rapid close in the next decade. New media empires will be built on the back of this change. Established broadcasters that don't adapt will crumble. A revolution is at hand - a revolution that is going to be televised

The great Ghost Office robbery

SOUTH African Post Office workers, staging their fifth and longest strike in three years, may want to consider jobs that have become redundant over the past century.

Mouton: the good, the bad and the ugly

I DISAGREE with the suggestion that small black-owned businesses do not face formidable challenges that are ...

Now's the time to end credit chaos

FROM African Bank (Abil) to Bridge, the tide of distressed unsecured lending institutions has thrown the spotlight on just how risky it is to leave the regulation of consumer credit out of the Reserve Bank's mandate.

Why big data keeps big bucks rolling in

THE term "big data" barely registers on the radar of the average consumer. Yet it is radically changing the way retail products are marketed, bought and consumed.

Move to healthier eatingcuts fat at Coke, McDonald's

THE US may be the spiritual home of junk food, but profits at McDonald's and Coca-Cola are plunging amid signs that US customers want healthier fare.

Dodging the living dead comes at a price

IF the prospect of a zombie apocalypse weighs heavy on your mind, British firm Tiger Log Cabins has just the product for you.

...

Global equities on the up as JSE keeps sinking

SOUTH African share prices fell for a third session running on Friday.

Hark, the welcome rumble of bulldozers

THE old investing cliche tells us it is always darkest before dawn. Given the mini-budget presentation this week, we're not exactly looking at blue skies ahead.

Johnny Copelyn's HCI needs a serious Shaik out

MARCEL Golding has often rubbed people up the wrong way. People whisper that he's irascible, short-fused and "changed" from his days as deputy to Cyril Ramaphosa at the National Union of Mineworkers.

Needle that undoes the damage done

AFTER Hanlie Annandal had her third child at the age of 35, she started to notice that she looked tired all the time and wanted to freshen up her look.

Growth, inflation slide into reverse

SOUTH Africa's headline consumer inflation slowed to 5.9% year on year last month, below market expectations of 6.1% and compared ...