August 24, 2017

SowetanLive Business News



SowetanLive Business News

Business – Breaking SA and World News, Sports, Entertainment and more –

Business commits to job creation and fighting state capture

The CEO of Business Leadership SA (BLSA)‚ Bonang Mohale‚ has committed the business community to transformation‚ job creation‚ inclusive growth and the fight against the “deceitful” white monopoly capital campaign.

Rural girl Refilwe an aviation trailblazer

Pilot Refilwe Ledwaba is determined to expose young girls from disadvantaged backgrounds to the industry dominated by males who mostly come from the urban areas.

Vodacom mum on how many subscribers affected by airtime glitch

Exactly how many of Vodacom’s subscribers had their data and airtime values reduced to zero overnight?

Kuga drivers furious after third safety recall notice

Ford has issued an urgent safety recall after yet another fire threat to its luxury Kuga SUV.

SAA resumes flights to Zimbabwe

South African Airways flights to and from Johannesburg’s OR Tambo airport and Zimbabwe resumed on Sunday‚ after flights between the countries were grounded‚ cancelled and delayed at the weekend.

Instagram boom for SA

More brands are using Instagram Stories to connect with consumers.

Moody's on what could trigger another downgrade

While Moody’s did not publish a ratings decision on South Africa last week as scheduled‚ the credit rating agency has warned of the possible issues that could lead to another downgrade.

SAA's small business procurement policy 'illegal'

SAA’s procurement policy‚ which sets aside 30% for small businesses‚ is illegal and will expose the airline to legal action by suppliers‚ including Bidair Services‚ according to a legal opinion obtained by the national carrier.

What to do with pension benefits

Retirement security is a top financial concern for all employees, and the average employee in SA currently does not have enough savings to prepare them for retirement.

Teen mom refused to give up on life

Though it is a regrettable thing for a young woman to experience, Nthabiseng Motsepe has shown that falling pregnant when you are still a teenager is not the end of the world.

Taxman coming after expats in UAE‚ elsewhere - despite 8000 Facebook objections

South Africans working abroad have expressed strong objections to a proposal by Treasury that they be taxed on their foreign earnings in South Africa if they are not tax resident in another country.

Misbehave and lose pension money

As much as employees have the benefit of employers making contributions towards their pension funds, employers also have a right to be compensated under certain circumstances from these benefits.

Low passenger numbers choke BRT system

The multibillion-rand Bus Rapid Transit (BRT) systems which are being rolled out across South African cities need vastly increased densities to be successful and financially sustainable.

Mining companies are looting the country‚ says Mathunjwa

Trade union leader Joseph Mathunjwa has accused mining companies of looting the country and pouring their money into foreign investments rather than the domestic economy.

Controversial Consol Glass ad of little girl playing with a glass jar can stay on air

Running‚ jumping and climbing on monkey bars holding a glass jar is not a good idea — particularly for children.

Ocean Basket franchisee booted over assault on employee

A white Ocean Basket franchise owner who assaulted a black employee has been removed from the restaurant.

Loan shark nabbed with Sassa cards belonging to the elderly

SA Social Security Agency (Sassa) cards belonging to 57 elderly people have been found in possession of a self-confessed Soweto loan shark‚ the Joburg metro police said on Tuesday.

Chamber of Mines in court on Friday over new mining rights

The Chamber of Mines said on Thursday charged that the Department of Mineral Resources (DMR) Head Office has instructed all its regional offices to stop processing new mining right or prospecting right applications submitted by mining companies after 19 July 2017.

Reserve Bank 'fed up' as obscene sums of money leave SA illegally

SA’s prosecuting authorities repeatedly failed to pursue contraventions of exchange control regulations referred to them by the Reserve Bank‚ the Bank’s deputy governor‚ Kuben Naidoo‚ said on Tuesday.

Establishing more cooperative banks will change the exclusionary financial sector

The South African Communist Party aims to drive the establishment of cooperative banks .

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