Business

[ad_1] Airbnb was listed on the Nasdaq on Thursday, and while it was priced higher than initial plans, it ended the day up 112% with a market capitalization of $ 86.5 billion. Even crazier is that this day one pop was only the 10th best move from the day one …

[ad_1] Whatever happens, Britain will abandon the single market and the EU customs union, leading to the reintroduction of border controls for the first time in decades. FILE: British Prime Minister Boris Johnson. Image: AFP LONDON – A Brexit trade deal between the UK and the European Union appeared to …

[ad_1] By Loyiso Sidimba 59m ago Share this article: SharecheepShareShareShareE-mailShare Johannesburg – Electric power company Eskom claims R3.8 billion from the Gupta family, their associates and a former cabinet minister. The Guptas have been accused of a series of corruption scandals in various state entities and government departments, but have …

[ad_1] JOHANNESBURG – ANC Secretary General Ace Magashule is expected to face the party’s Integrity Commission on Saturday. Magashule will attempt to clear his name on corruption charges. Some analysts say those who expect sparks this weekend will be disappointed. A group of ANC veterans in the Free State say …

[ad_1] (Photo: Unsplash / Vishnu Nair) Numerous annual holiday events have been canceled in the country and access to certain public spaces has been restricted. The possible closure of beaches is also on the agenda this festive season. This follows an announcement on December 9 by Health Minister Zweli Mkhize …

[ad_1] After being trapped on the Gupta State Capture web, the world’s largest consulting firm, McKinsey, has put tighter controls in place across its global operations to avoid being drawn into corrupt activities in the future, according to senior partner Jean-Christophe. Mieszala, who appeared before the Zondo Commission this week. …

[ad_1] Australian Prime Minister Scott Morrison. Darrian Traynor / Getty Images Australia scrapped a $ 750 million project after some participants in a vaccine trial tested false positive for HIV. It is the first time that a country has abandoned a vaccination attempt. Health Minister Greg Hunt said on Friday …

[ad_1] While Mosebenzi Zwane was MEC, the Free State human settlements department spent at least R631 million on a housing project that did not deliver houses. You illegally paid suppliers for the materials and illegally signed contracts without submitting a bid. Zwane allegedly pushed for the deal, but has continued …

[ad_1] Tongaat Hulett’s review, following an accounting scandal that brought the Durban-based sugar producer and land developer to its knees last year, is firmly on track, as the group posted a strong semi-annual performance (through the end of September 2020) on Friday. CEO Gavin Hudson, who was hired to clean …

[ad_1] Andre de Ruyter, CEO of Eskom. Gallo Images / Business Day / Freddy Mavunda Eskom’s Kusile power plant contractor ABB South Africa will pay the utility R1.56 billion as part of a deal. This comes after the Special Investigation Unit launched an investigation in 2018, and is the largest …