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MTN bribe accused to pilot new airline

Former South African ambassador Yusuf Saloojee, the man who was allegedly bribed by an MTN official in Iran, has emerged as the chairman of South Africa's newest low-cost airline, Pak Africa Aviation, which is due to be launched next month.
Preparations Ahead Of The Davos World Economic Forum 2015

SA puts on brave face at Davos

The annual gathering at Davos is derided by critics as narcissistic and out of touch.

Power cuts just part of the problem

Trade Minister Rob Davies warned potential investors at Davos this week about the threat of power shortages, but the acting head of the South African Chamber of Commerce and Industry, Peggy Drodskie, says this is only a small part of why business is losing confidence in the country.

PIC fumes over R175m Ivory Coast slap

The Public Investment Corporation is spitting mad at Ecobank's former CEO, Thierry Tanoh, for suing it as well as the bank.

PPC set to make history with shareholder vote

PPC, South Africa's largest cement producer, is set to make history tomorrow at its annual general meeting.

One-child policy starts to cost China

China is paying the economic price for its 36-year-old one-child policy, with the third straight yearly decline in its labour force weighing on growth prospects.
European Central Bank (ECB) President Mario Draghi and Vice President Vitor Constancio (L) leave after addressing an ECB news conference in Frankfurt January 22, 2015. The European Central Bank took the ultimate policy leap on Thursday, launching a government bond-buying programme which will pump hundreds of billions of new money into a sagging euro zone economy.

Draghi's bazooka will not raise eurozone from dead

The wonders of unconventional monetary activism are back in the spotlight, with Mario Draghi, president of the European Central Bank, cast in the role of knight in shining armour, riding to the rescue of the beleaguered eurozone.

MI5 unveils specs for spooks

Britain's security service, MI5, has told job applicants they may not sport visible tattoos if they want to work as a spy.

Heavyweight miners take steam out of rally

South African stocks ended slightly lower on Friday, snapping a four-day winning streak, dragged down partly by Anglo American Platinum (Amplats), which issued a profit warning.
Barcelona's Lionel Messi kicks to score a goal during their King's Cup quarter-final first leg soccer match in Barcelona

Adidas and Man United are not Messi-ing about

Could German sportswear giant adidas have a hand in helping Manchester United net Argentine football great Lionel Messi?

Eskom 'will not run out of cash'

The government moved this week to allay fears that Eskom would run out of cash, while revealing that the power utility would receive R10-billion by June.

Gas lit up for 'off-grid' business boom

Eskom's power crisis is pushing consumers and businesses to alternative sources of power - and one of the most obvious is gas.

High-flying Comair faces pay strike

A strike is looming at Comair, where trade union Solidarity is demanding a 15% pay rise for cabin crew.

Oupa Magashula discovers there is life after SARS

What do you do if you've been booted out of the top seat at the SA Revenue Service by none other than finance minister Pravin Gordhan?
A shopper walks past a Foschini store at a shopping centre in Lenasia, south of Johannesburg

Deal brings Foschini Group hard currency, soft global entry

The Foschini Group has quietly snapped up UK retailer Phase Eight, which could prove pivotal for the company. CEO Doug Murray explains

SA will have to sing a much better tune at Davos 2016

It's too easy to dismiss the annual World Economic Forum gathering in the remote Swiss village of Davos as just another global talk shop.
Preparations Ahead Of The Davos World Economic Forum 2015

Davos talks shop as Europe opens taps

The biggest item on the agenda for delegates to the World Economic Forum gathering at Davos this year was not happening in this mountain village, but 500km north in Frankfurt.
Byanyima, Executive Director of Oxfam International speaks during the session 'The BBC World Debate: A Richer World, but for Whom?' in the Swiss mountain resort of Davos

Reality gap still as wide as ever

Even at Davos, a bastion of extreme privilege where a single supermarket bread roll costs R11.90, the topic of inequality remains high on the list of things to talk about.
Preparations Ahead Of The Davos World Economic Forum 2015

Davos talks shop as Europe opens taps

The biggest item on the agenda for delegates to the World Economic Forum gathering at Davos this year was not happening in this mountain village, but 500km north in Frankfurt.

Investors give Ellies a charge with rights buy

Ellies, one of the worst performing stocks on the JSE last year, may be poised to recover.

The good, the bad and the superb of cheap oil

The dramatic collapse of oil prices at the end of last year caught most by surprise.

Stock Talk: No ordinary windfall for Mr Price brass

It seems it's not just analysts who reckon the Mr Price share price is a bit steep.
Rob Rose

Afrox's conveyor belt of excuses out of gas

Gas giant Afrox has taken some well-deserved flak since last week when it insulted the intelligence of just about anyone who has ever read a stock exchange announcement.

Hudaco gets off lightly in Sars tax dispute

Component distributor Hudaco has dodged a full R1.9-billion penalty in a tax dispute with SARS and will instead pay only R312-million after a two-year fight over how it financed its BEE scheme.

Biotech gems: a needle in a Heystek

Biotechnology sits at the very edge of the scientific envelope and backing this kind of research and development with your own money is not for the fainthearted.

AB Inbev licking its lips over SABMiller

For all its acquisitions in "developed" markets across the globe, every set of results from SABMiller must remind shareholders just how much of an emerging-market player the group is.

Chinese hot for CRG's mine of broken promises

Chinese investors are hot for Central Rand Gold (CRG). Three potential buyers are preparing to bid for the South African gold company.
File photo of a bartender serving a glass of Carlsberg beer at a bar in Kuala Lumpur

Raise your drink and say cheers to a zero-waste economy

A toast raised with Carlsberg beer bottles may soon lack that familiar clink.

Local authorities 'aggravate' power crisis

Peggy Drodskie, the acting head of the South African Chamber of Commerce and Industry, believes the power crisis is going to get a lot worse as next year's local government elections approach.

But what if Medupi is not the answer?

When the Medupi and Kusile power stations go online, one of the enduring mysteries of the past 15 years or so will begin to clear.

A 'European Spring' to break the gloom?

There's probably nothing quite like being deprived of electricity for indeterminate periods to make one feel a little edgy.

Microsoft is in danger of becoming cool again

It was expected to be a fairly routine keynote address, with Microsoft using an event in Seattle on Wednesday to take the wraps off the consumer features of its new operating system, Windows 10.

Google relieved to ditch device tailored for 'Glass-holes'

Last week's announcement by Google that it was suspending production of Google Glass was, ironically, a step forward for the search giant.

Working to enable disabled children through the arts

Danieyella Rodin is the arts and culture portfolio manager at the Chaeli Campaign, which aims to make a difference in the lives of children with disabilities. She tells Margaret Harris that her work with the non-profit organisation began as an actress in its production ‘In the Wings’
resignation letter

How to resign with grace

You just got offered a new job and are itching to tell your soon-to-be-ex-boss what an idiot you think he is. But before you do that, pause.

Dear Corruption Watch: This could be a slippery slope

Dear Corruption Watch, Just before last year's election, the National Assembly was debating a bill to allow line ministers, rather than parliament, to set salaries, allowances and conditions of service for Chapter 9 institutions.

The value of money is in how you use it

Sophie Ikenye, a presenter of ‘Focus on Africa’ on BBC World News, talks to Loni Prinsloo about investing in young people

Pinterest’s problem: getting men to commit

Social site adds ‘geek’ content, tweaks search results but 71% of visitors are still women

Uber’s study stirs debate: just how good are these jobs?

Uber is fast becoming one of the largest employers of part-time drivers in the dozens of cities it operates, a fact the ridesharing company increasingly wields to establish credibility with regulators and push through laws protecting its business.

Digital-Music services face another challenge on playing classic tunes

Zenbu Magazines sues Apple, Google, Sony over pre-1972 song recordings

The end is nigh, say the scientists

Our leaders are failing, and planetary destruction is nigh.