Business

[ad_1] Phetolo Ramosebudi said he understood that the Regiments had a mandate from Acsa, prior to his appointment, to develop a financing plan for the company. (Photo: Gallo Images / Papi Morake) The exchange of interest rates on multi-billion rand loans, leaked bidding documents, bank kickbacks and shell companies came …

[ad_1] The North Gauteng High Court in Pretoria issued an order in favor of the NPA’s Asset Forfeiture Unit (AFU) to freeze R111 million worth of bank accounts connected to Hammanskraal businessman Thabo Abel Simbini and his business, Impossible Services (Pty) Ltd. Simbini briefly appeared in the Pretoria Commercial Crimes …

[ad_1] A South African Airways plane. Silas Stein / Picture Alliance via Getty Images Minister Tito Mboweni found himself defending the R10.5 billion allocation to South African Airways, insisting it was not a ransom. The Chairman of the Select Committee on Appropriations, Dikeledi Mahlangu, said the movement of funds from …

[ad_1] (Getty) South Africa’s financial regulators issued a stern warning against “instant EFT” online payment systems on Thursday. The system is an alternative to payment by credit card and is used by the main providers. But it is fundamentally unsafe, says the Reserve Bank and Financial Sector Conduct Authority, leaving …

[ad_1] Black Friday has been extended to span several weeks by many of South Africa’s most prominent e-commerce retailers. However, there will likely still be a noticeable spike in shopping on the actual Black Friday, which will take place on November 27. Historically, Black Friday has been a difficult day …

[ad_1] Price Group CEO Mark Blair says the acquisition of Durban-based fashion retailer Power Fashions fits the group “like a glove.” Price announced Thursday that it has acquired the family-owned retailer, which currently has 170 stores in South Africa. Stores are typically on Main Street and in community-focused shopping malls, …

[ad_1] Siya Kolisi, captain of the Springbok, and Rassie Erasmus, coach. Photo: Gallo Just over a year after they led South Africa’s third triumph at the Rugby World Cup in Japan, Rassie Erasmus Y He is a school left with another set of awards on Thursday morning. The SA Rugby …

[ad_1] Telkom has announced that its Black Friday The sale will be available at 00:01 on November 27, 2020. The sale will include big cuts in the prices of data packages as well as contracts for new devices, the mobile network said. “These incredible deals include huge price cuts on …

[ad_1] South Africa’s department of communications and digital technologies wants streaming services to have a local content quota. Collin Mashile, chief director of broadcasting policy, said: “Anything you show South Africans in terms of your catalog, 30% of that catalog should include South African content.” This comes after they proposed …

[ad_1] “We think that as Social Democrats we should respect the will of the majority, ”he said. “But the sixth administration has turned out to be the most heavily advised administration since the dawn of democracy, with a number of advisory bodies and several envoys whose advice was apparently falling …