September 25, 2017

The Citizen – Business news



The Citizen – Business news

brings you breaking news, current affairs, celebrity and entertainment news, as well as sport news throughout the day. More news. Your way.

Is Namibia following in SA’s footsteps with downgrade?

The country has recently been downgraded by Moody’s, with another downgrade by Fitch on the cards.

Why moving money offshore is more than a bet against SA

Investing overseas doesn’t necessarily guarantee better returns.

KPMG takes a stab at redemption

Announces independent investigation.

Maine got R500K donation for ‘promise’ he didn’t deliver on – report

The ANC Youth League president has been accused of preying on a desperate coal company.

UK restaurant jobs unfilled as EU workers leave

As EU nationals leave Britain in ever greater numbers ahead of Brexit, restaurants like pizzeria chain Franco Manca are reporting shortages that could spell trouble for a sector that relies on immigrant labour.

Nigerian lawyer sues FirstRand for R1.3bn

The attorney said his legal action relates to unpaid bills for work he did for companies linked to FirstRand.

Govt must review all KPMG work to uncover ‘compromised’ audits, says Gigaba

KPMG has undermined SA’s reputation for good governance and audit independence, says Finance Minister.

Gordhan meets KPMG

Former finance minister calls on KPMG to be ‘frank with South Africans’.

Pick n Pay’s checkout: Cash or credit?

Shoppers will be offered the option of paying for groceries on credit at Pick n Pay stores.

Outa moves to secure Gupta mines’ rehabilitation funds

Outa’s chief operating officer says the organisation wants to stop the mines’ funds from disappearing.

Repo rate unchanged at 6.75 percent per annum

The announcement came as a relief for consumers after the Sarb left the repo rate unchanged at seven percent per annum in May.

Gupta companies lose court bid to stop Bank of Baroda from closing accounts

The companies sought an interim relief to stop the bank from closing their business and loan accounts at the end of September.

Sasol Inzalo: What went wrong?

The BEE share scheme is going underwater, with its troubles stemming from the volatile oil price.

Enterprise development spending could be tax deductible

How using Section 12J vehicles could benefit local businesses.

Five changes to Discovery Vitality in 2018

The good news: points – earned and tiers – stay the same.

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