Business

R10 million a year spent on flights for former cabinet ministers, parliamentarians, DA says while asking AG to investigate

[ad_1] (Photo by Gallo Images / Jeffrey Abrahams) The district attorney has written to the Auditor General’s Office requesting an investigation into Parliament’s spending on flights for former cabinet ministers. According to data compiled by the Prosecutor’s Office, Parliament has spent around R10 million annually to pay for luxury flights. …

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‘100% local truck drivers, or else’ warn protesters

[ad_1] By Sakhiseni Nxumalo 6h ago Share this article: SharecheepShareShareShareEmailShare Durban – FOREIGN truck drivers have been given an ultimatum to quit their jobs in early December or face massive disruptions. This ultimatum was issued by the All Truck Drivers Foundation (ATDF), a group of local truck drivers who advocate …

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Prosus and Naspers remain dependent on Tencent

[ad_1] While the Naspers and Prosus management is correct in saying that the global internet group performed well during the first six months of its financial year, a closer look at the figures shows that most of the growth can still be attributed to its investment in Tencent. This investment, …

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Absa launches new business account for startups

[ad_1] Financial services group Absa has launched a new transactional account with no monthly fee, Business Evolve Zero, aimed at startups in South Africa. In addition to the monthly fee, the account includes free access to an integrated business management tool called Cashflow Manager and accounting, and free access to …

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Prosus seeking deals after cash reaches $ 4.3 billion

[ad_1] Prosus and Naspers CEO Bob van Dijk speaks on stage at TechCrunch Disrupt Berlin 2019 at Arena Berlin on December 11, 2019. Noam Galai / Getty Images for TechCrunch Prosus is seeking acquisitions after the e-commerce giant reported a 28% increase in first-half earnings and a net cash position …

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