[ad_1] Barry hore Barry Hore, the The technologist who has run Discovery Bank since its inception is retiring. The former CIO of Nedbank and former COO of the South African Revenue Service will be replaced as CEO on January 1, 2021 by Hylton Kallner, Discovery said in a statement to …
Read More »These were the people who most fascinated South Africans in 2020
[ad_1] Edwin Sodi, Katlego Maboe and Nomcebo Zikode. Google has published its search report for South Africa in 2020, which shows a lot of interest in local personalities. Katlego Maboe’s relationship problems dominated the search results. For more articles, go to www.BusinessInsider.co.za. Yes, 2020 was all about the coronavirus, but …
Read More »Facebook breakdown would demolish Zuckerberg’s social media empire
[ad_1] The U.S. Federal Trade Commission took a major step toward Facebook Inc.’s potential breakup by formally filing an antitrust lawsuit against the tech giant, accusing it of abusing its monopoly powers on social media to stifle competition. The FTC and a coalition of states that also sued the company …
Read More »McKinsey repays millions of corrupt South African contracts
[ad_1] McKinsey & Co will reimburse R650 million ($ 44 million) for contracts it had with South African Airways and state logistics company Transnet SOC Ltd, as it seeks to clear its name in the country. The consultancy’s chief risk officer, Jean-Christophe Mieszala, will testify Thursday in a state corruption …
Read More »Lynne Brown influenced the Eskom board’s decision to suspect …
[ad_1] Former Eskom board member and Acting Chief Executive Officer Zethembe Khoza, who testified before the Zondo commission on Wednesday, said former Public Business Minister Lynne Brown met with the board on March 11, 2015 and requested an investigation to discover and help solve some of the problems at Eskom. …
Read More »Gidon Novick’s elevator rises to the skies
[ad_1] On Thursday morning (today), South Africa’s emerging airline Lift takes to the skies with its maiden flight between Joburg’s OR Tambo International Airport and Cape Town International Airport, Africa’s busiest domestic air route. . The flight departs for Mother City at 6:30 am, with a separate flight departing Cape …
Read More »McKinsey capitulates (again) – will pay Transnet back …
[ad_1] Kevin Sneader, McKinsey Global Managing Partner. (Photos: John Phillips / Getty Images for the Fashion Business | Gallo Images / Misha Jordaan | Shiraaz Mohamed) The world’s most powerful consulting firm will return some R650m in consulting fees to Transnet and SAA, according to the Zondo Commission. The company …
Read More »New airline SA takes off as the pandemic sinks others
[ad_1] By Reuters 9h ago Share this article: SharecheepShareShareShareE-mailShare Johannesburg – A new South African national airline launched on Wednesday, betting on low operating costs and oil prices to weather an industry crisis that has left the national flagship SAA struggling to survive and sunk other low-cost carriers. The new …
Read More »Kidnappers escape with dangerous medical waste truck in Cape Town
[ad_1] A box with stolen medical waste. The kidnappers took away a medical waste disposal truck in Khayelitsha. The truck was transporting waste from local clinics to a specialized medical waste treatment facility in Killarney Gardens at the time. The waste does not contain anatomical parts or pharmaceuticals. A garbage …
Read More »Deal or no, Britain will pay a high price for Brexit
[ad_1] But the outlook remains uncertain as the economy struggles to recover from a recession triggered by the coronavirus outbreak. Image: Facebook. LONDON – Brexit supporters have long argued that leaving the European Union, with or without a trade deal, would herald the so-called sunlit highlands of Britain’s economic prosperity. …
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