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Amplats BEE row deepens

The Department of Trade and Industry (DTI) plans to refer the first case of black empowerment fronting to the police, in a case involving suppliers to the world's largest platinum miner, Anglo American Platinum (Amplats).

The silent migrant workforce that runs our homes

"I will go if I must, but I have nothing to go to, there is no work in Zimbabwe and we will struggle to live," soft-spoken domestic worker Ann Mbereko* said this week.

Why foreign execs are hot for SA's retail giants

Ian Moir, the Scottish-born retail wunderkind who is CEO of Woolworths, says that "if you can survive and do well in business here, you can survive and do well in business anywhere".

Do women CEOs deliver better returns?

An analysis of JSE-listed companies shows most are run by men. The boards that appoint the CEOs are made up of some of the smartest people available, so it implies that men must be more effective as CEOs than women. Right?

Miners fume in R83m Sasol case

"When you get sick, they tell you that you cannot work in the coal mines any more. But you cannot get compensation because they [also] say you can still work somewhere else," says former Sasol Mining employee Lindani Mkhwanazi.

Why talk of 'the middle class' is so misleading

Despite a raft of labour legislation implemented since 1998, inequality has increased from the very high levels inherited from the apartheid era, says the International Labour Organisation in its Global Wage Report 2014-15.

Bottom line: we need Africa and its goodwill

'No organisation develops in isolation: it shapes its environment and is itself shaped in turn ... we remain in touch with our own past, intimately involved in the South Africa of the present and conscious of our responsibilities to its future."
A foreign woman and her child sit with their belongings in a tent on a sports field in Isipingo

Business has a key role in beating xenophobia

As much as the attacks on foreigners in South Africa should be condemned in the strongest terms, it's just as important that the root causes of the problem be addressed by all sectors of our society - including business.

Adcorp's plunge into gas sector part of expansion plan

Recruitment and labour broking group Adcorp continues an acquisitive spree outside South Africa with the purchase of its third Australian company, Dare Holdings, this week. It is a specialist recruitment firm in the oil and gas sector - not what you would call flavour of the moment. Business Times asked CEO Richard Pike ...

Are unions holding the grid to ransom?

Two unrelated stories this week show just how beholden the South African economy is becoming to an increasingly militant labour movement. Ironically, the situation is bound ultimately to be as destructive for unions as it is for the rest of us.

Are unions holding the grid to ransom?

Two unrelated stories this week show just how beholden the South African economy is becoming to an increasingly militant labour movement. Ironically, the situation is bound ultimately to be as destructive for unions as it is for the rest of us.
case of hidden gold

Pots of stashed cash in tax havens 'a myth'

The world's high and ultrahigh net worth families are run much like businesses these days, with family governance in place as well as fund structures in favourable tax jurisdictions that allow for consolidated reporting across diversified assets.

Lending abuses under the spotlight

In a move that will be a game-changer for the unsecured lending industry and also affect wage negotiations, the National Treasury will launch an intensive investigation into the extent and abuse of emolument attachment orders (EAOs) in the public sector.

Investors drive MTN up despite headwinds

MTN's share price continues to defy the onslaught of bad news.

Kumba sparks JSE rally as iron ore prices surge

South African stocks hit record highs on Friday, driven by Kumba Iron Ore's performance on higher prices for the steel ingredient.

Piggyback cell operators on the rise

South Africa has not been particularly keen on the mobile virtual network operator model. It has lagged most developed and some developing markets in launching mobile brands on the back of cellular operators' infrastructure.

Stock Talk: Shareholders who show up give Anglo a klap

Anglo American shareholders are a rather slack lot. Only 59% of them bothered to pitch up at this week's annual general meeting (AGM).

The 'we are one' campaigns need substance, not just hype

With a predictable inevitability after the horrific death last weekend of a Mozambican, Emmanuel Sithole, in Alexandra, Johannesburg, the anti-xenophobia campaigns have started.

Nurturing our planet by training nature guides

Schalk Pretorius is the founder and co-owner of Ulovane Environmental Training, a company that trains field guides. He says that it’s a job that requires dedication, commitment, patience and respect

Government 'not prioritising service delivery' - Astrid Ludin

Astrid Ludin, the erstwhile commissioner of the Companies and Intellectual Property Commission (CIPC), says the real issue around her effective dismissal from the organisation is that "the government is not prioritising service delivery".

Investors drive MTN up despite headwinds

MTN's share price continues to defy the onslaught of bad news.

Where service delivery is not a priority

Astrid Ludin, who resigned as head of South Africa's companies office this week, is the latest in a long line of public sector CEOs who have lost their jobs for reasons more related to politics than performance.

Naspers hanging on to Tencent

High-flying media company Naspers has no intention of following Yahoo's lead and spinning off its 34% stake in Tencent into a separate company.
Handout photo of the new Apple Watch in a product teardown in San Luis Obispo

You'll never guess what's in an Apple watch

Apple has managed to frustrate gadget lovers and investors desperate to find out the components of its new smartwatch - encasing its chips in tough resin and using rare screws to thwart people trying to prise it apart.

Dear Corruption Watch: Turn up the heat on climate-fund fraud

Dear Corruption Watch, I'm a proud "eco-warrior" and have a strong interest in protecting our environment.

MultiChoice denies allegations of merger and monopoly

Multichoice, the pay-TV broadcaster owned by Naspers, has described an objection to its deal with public broadcaster SABC as a "contrived and far-fetched endeavour".
Rob Rose

Behind smokescreen, BAT's tax woes mount

Thanks to the spectacular implosion at the South African Revenue Service (SARS), many have forgotten about the sordid antics of cigarette giant British American Tobacco (BAT).
A man takes a photograph of an electronic board showing the closing numbers for the Nasdaq Composite Index at the Nasdaq in New York

Nasdaq finally ditches noughty bubble

Mark April 23 2015 as the day the Nasdaq market finally left the dot-com crash behind.

Daimler loses out in bid to snatch back Telkom vans

Telkom won the right on Friday to use the 6000 technician vans at the centre of its contractual dispute with Daimler Fleet Management.

Goldman Sachs CEO delivers personal message to SA

Outspoken banker Lloyd Blankfein, Goldman Sachs' CEO and chairman, has "advised" leaders of government-owned companies to get their houses in order - especially troubled Eskom.

How much is the USA worth?

Americans tend to have a good handle on how much their house is worth. But what about the land it sits on? Or all the land in their state? Or, heck, how much is the continental U.S. really worth?

Definitely don't give yourself a present of debt

Ukhozi FM presenter Nongcebo Vukile McKenzie talks about blowing scary amounts on kitchen gadgets and what her financially savvy grandma taught her.

3 ways to be a much better manager

Managers have an important role to play in companies' retention strategies because, as many surveys have shown, people don't leave companies, they leave managers.

Civil society ensures protection from elite

Economic development must have been a doddle for the Europeans. They had almost free rein to plunder and pillage on a global scale in their search for resources and markets and, more significantly, they didn't have to worry about the restraints that come with democracy.