Business

[ad_1] Citizen reporter KwaZulu-Natal Premier Sihle Zikalala. Image: Twitter / @kzngov The chief financial officer of the prime minister’s office, Ziphathie Mboneni Cibane, is among those charged in the corruption case before the court. The NPA Asset Forfeiture Unit (AFU) in KwaZulu-Natal, immobilized various real estate and vehicles belonging to …

[ad_1] Global consulting firm McKinsey will pay approximately R650 million in consulting fees earned at Transnet and SAA, the Zondo commission says. McKinsey’s offer to return the money follows its 2017 decision to return R1 billion in consulting fees earned at Eskom. The commission has urged all companies that profited …

[ad_1] Government partners at the National Council for Economic Development and Labor (Nedlac) signed a social compact agreement to roll back the country’s indebted power company Eskom. The articles of incorporation were signed at the 25th annual Nedlac National Summit. The theme of the event was: “Social compaction for economic …

[ad_1] If the scientists have their way, this will not be allowed on the beaches this holiday season. In a big blow to KwaZulu-Natal tour operators who were relying on the festive season to revive businesses hit by Covid-19 restrictions, experts have advised the provincial government to close all beaches …

[ad_1] South Africa’s GDP figures are much better than expected. In fact, the seasonally adjusted annualized figure of 66% QoQ is even better than the industry’s best expectation, said Maarten Ackerman, chief economist and advisory partner at financial services company Citadel. The local economy experienced a rebound in Gross Domestic …

[ad_1] Revelers at a Rage festival. The Plett Rage was canceled due to Covid-19 risks after organizers decided it was ‘the right thing to do’. The January rage would have marked 21 years since the end-of-enrollment explosion in Plettenberg Bay. The ticket would also be valid for the festival of …

[ad_1] By Loyiso Sidimba 9h ago Share this article: SharecheepShareShareShareE-mailShare Johannesbug – President Cyril Ramaphosa and his predecessor, Jacob Zuma, were aware of Brian Molefe’s move from Transnet to Eskom in 2015. The state seizure inquiry commission continued to hear evidence Tuesday from former Eskom chairman Dr. Ben Ngubane, who …

[ad_1] President Cyril Ramaphosa. (GCIS) Google has published the best search results of the year among South African Internet users. Unsurprisingly, lockdown and coronavirus rules dominated. But the origin stories of a popular breakfast cereal were also featured, as well as chainsaws. For more articles, go to www.BusinessInsider.co.za. 2020 left …

[ad_1] Raymond Zondo was responding after another witness, former Eskom board member Zethembe Khoza, failed to submit all the necessary affidavits. FILE: State Capture Logo. Image: EWN. JOHANNESBURG – Supreme Court Deputy Chairman Raymond Zondo said the state apprehension commission was running out of time and was now forced to …

[ad_1] Six non-executive directors have been appointed to the interim board of South African Airways. The announcement comes a week after the Cabinet asked the Department of Public Enterprises (DPE), headed by Minister Pravin Gordhan, to finalize the appointments to the interim board. The new appointments have a variety of …