Business

[ad_1] The president of the Western Province Rugby Football Union, Zelt Marais. (Photo: Ashley Vlotman / Gallo Images) In another addition to Western Province Rugby Football Union’s catalog of incompetence, the company that loaned it R112 million as part of a settlement for the development rights of Newlands Stadium is …

[ad_1] (Getty) Amazon is adding South Africa to the countries where it generates its own electricity to run its power-hungry data centers. Its new solar plant in the Northern Cape is due to begin construction next year. Once the installation is ready, the electricity will be transmitted through the Eskom …

[ad_1] Former CEO Sandile Nomvete. (Photo: Gallo Images / Financial Mail / Robert Tshabalala) Like Steinhoff, the Delta Property Fund board refuses to release a forensic investigation report that revealed wrongdoing at the real estate company, citing “legal privilege.” The Delta Property Fund board has taken a page from Steinhoff’s …

[ad_1] Starting on January 1, British and EU citizens will face the reality of Brexit when the transition period ends. For the approximately 1.3 million Britons living in the EU and the more than four million EU citizens living in the UK before the end of the transition period, their …

[ad_1] Another accounting scandal involving a JSE-listed firm is coming to light with the new Delta Property Fund management revealing on Wednesday that a forensic investigation into former top executives has found cases of unsubstantiated payments, acquisition irregularities. and other unethical business deals totaling about R46 million. The group issued …

[ad_1] Amazon.com said on Thursday it is adding 26 new “utility scale” wind and solar projects around the world, including facilities in South Africa, bringing the total number of such projects to 127. Although the company said little about its South African plans, they come shortly after its giant cloud …

[ad_1] One company received R7 million from the Lottery Commission. Venalor is a non-profit company that has received more than R7 million from the Lottery. But neither the company nor the National Lottery Commission will say what the company does or what projects were financed by the Lottery. Prominent businesswoman …

[ad_1] Public Enterprise Minister Pravin Gordhan says they are not going to liquidate the SAA and that business rescue professionals should turn it around. Photo by Misheck Makora The National Union of Metalworkers of South Africa has accused Minister Pravin Gordhan of manipulating and deceiving workers. NUMSA Secretary General Irvin …

[ad_1] A former driver and bodyguard of former Free State Prime Minister Ace Magashule was convicted Thursday of stealing a painting of R8m Pierneef that he once hung in Magashule’s office. The Bloemfontein Superior Court found Ricardo Mettler, 43, guilty of theft, money laundering and fraud on Thursday. This follows …

[ad_1] Hunter Biden and Joe Biden. Gallo Images / Getty Images The son of US President-elect Joe Biden, Hunter Biden, said he was under federal investigation regarding his taxes. The revelation about the investigation did not include details, but promises to rekindle Republican anger over the Biden family. It also …