October 17, 2017

FIN24 – Business News

FIN24 – Business News

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Fin24 News

Business Unity South Africa says President Jacob Zuma’s latest Cabinet reshuffle does little to inspire business confidence and is undermining growth prospects.
Posted: October 17, 2017, 2:13 pm
Tax Ombud Judge Bernard Ngoepe has stressed the importance of his office and has spoken out against unfair treatment of taxpayers by SARS.
Posted: October 17, 2017, 2:11 pm
Xolani Mkhwanazi, deputy chairperson of the Public Investment Corporation says there is no investigation into an alleged smear campaign to discredit its CEO Dan Matjila.
Posted: October 17, 2017, 1:44 pm
Global consultancy firm McKinsey has announced it has suspended its work for state-owned companies, adding that Eskom also has to shoulder blame for how it handled the controversial contract.
Posted: October 17, 2017, 1:03 pm
Kirk Swart, share analyst at Overberg Asset Management, looks at the mounting pressures on the fast food industry in this week's share watch.
Posted: October 17, 2017, 12:20 pm
The Public Investment Corporation, which manages government employees' pension money, says it will still consider investing in ailing national carrier SAA.
Posted: October 17, 2017, 12:13 pm
Share prices on the JSE have dipped after a firm rally, with most of the major indices drifting slightly lower in morning trade.
Posted: October 17, 2017, 11:53 am
New Energy Minister David Mahlobo will make it much easier to realise South Africa’s nuclear ambitions, several commentators have warned.
Posted: October 17, 2017, 11:43 am
The rand lost more than 0.5% within minutes of President Jacob Zuma's announcement of yet another surprise Cabinet reshuffle.
Posted: October 17, 2017, 11:39 am
Parliament's public enterprises committee has started its first state capture inquiry, starting with allegations of corruption and capture at Eskom.
Posted: October 17, 2017, 11:14 am
The US Supreme Court has agreed to decide whether law enforcement officials conducting a criminal investigation can demand data held overseas by Microsoft.
Posted: October 17, 2017, 10:15 am
The financial sector should help close the water services infrastructure funding gap of R30bn per year, says an official at the Department of Water and Sanitation.
Posted: October 17, 2017, 8:52 am
Global consultancy firm McKinsey has admitted that it found violations of its professional standards, but it denied that the firm was involved in any acts of bribery or corruption.
Posted: October 17, 2017, 6:19 am
Parliament’s inquiry into allegations of corruption and maladministration at power utility Eskom finally gets underway, after it was scheduled to start on August 1.
Posted: October 17, 2017, 5:00 am
Be like Warren Buffett and make saving money an entrenched mindset, writes Dean Gerber, who gives handy hints on how each one of us can achieve this.
Posted: October 17, 2017, 4:00 am
Vehicle recovery company, Tracker are using data from over one million telematics units, transferring 40 million messages per day to analyse the behaviour of drivers to better products and services.
Posted: October 17, 2017, 3:30 am
A start-up with links to a Cape Town technology venture capitalist is punting blockchain technology as part of an offering to improve consumer behaviour.
Posted: October 16, 2017, 9:07 pm
Reducing medical tax credits, a wealth tax and a fuel levy are all on the table, says Sanisha Packirisamy of Momentum Investment.
Posted: October 16, 2017, 9:02 pm
Minister of Finance Malusi Gigaba has said that it's 'quite concerning' for the South African economy that corruption charges against President Jacob Zuma have been reinstated.
Posted: October 16, 2017, 7:55 pm
The US government's computer security watchdog warned Monday of a security flaw in Wi-Fi encryption protocol, which can open the door to attacks to eavesdrop on or hijack devices using wireless networks.
Posted: October 16, 2017, 6:36 pm

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