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Nov 25, 2015
Auditor-General of South Africa Kimi Makwetu
The potential improvement in the audit outcomes of South Africa’s 468 national and provincial departments and public entities is being hindered by a slow response in addressing the recommendations tabled by the Auditor-General (AG) South Africa in prior years. Around...
Nov 25, 2015
Goldman Sachs International MD Colin Coleman
South Africa can score quick wins with the right focus, Goldman Sachs Sub-Saharan Africa investment banking head Colin Coleman said on Wednesday. Speaking at the Gordon Institute of Business Science (GIBS) attended by Creamer Media’s Mining Weekly Online, Coleman put...
Nov 25, 2015
Home Affairs Minister Malusi Gigaba
The Department of Home Affairs will implement concessions that have been made to the controversial visa regulations within three months, the department said on Wednesday. Home Affairs Minister Malusi Gigaba said during a discussion on visa regulations that his...
Nov 25, 2015
Labour Minister Mildred Oliphant
The National Economic Development and Labour Council's (Nedlac's) consideration of the modalities of the introduction of a national minimum wage could be completed next year, Labour Minister Mildred Oliphant said on Wednesday. Addressing Cosatu delegates at the...
Nov 25, 2015
The entry-level car market ain’t what it used to be. The crowded, highly competitive segment has seen some steep price jumps in recent years as the rand plummeted against almost all currencies, pushing up import costs – this while salary increases have largely failed...
Nov 25, 2015
Nissan South Africa (NSA) has, since the introduction of the LEAF electric vehicle (EV) on the local market, in 2013, sold only 80 units. Compared with the 450 296 cars sold in 2013 and the 439 264 cars sold in 2014, this was an indication that the local market...
Nov 25, 2015
Sjoerd Douwenga
Metair Investments, the JSE-listed manufacturer and distributor of automotive products, has announced the acquisition of UK-based Dynamic Batteries Services for R31-million in cash.Dynamic is a distributor of lead acid and specialist batteries, with an estimated 4%...
Nov 25, 2015
Up to $2-trillion in petroleum and coal projects will not be needed if the world takes action to limit warming of the planet to 2 degrees Celsius, according to a report released this week ahead of a global climate summit in Paris. The report adds to a string of...
Nov 25, 2015
The World Bank on Tuesday unveiled a new plan that calls for $16-billion in funding to help African people and countries adapt to climate change and build up the continent's resilience to climate shocks. The Africa climate business plan, titled ‘Accelerating...
Nov 25, 2015
Hospitality group Tsogo Sun has been awarded top honours at auditing, accounting and advisory firm Nkonki’s Top 100 JSE Listed Companies Integrated Reporting Awards 2015, receiving recognition for its delivery of the most transparent, complete, consistent and concise...
Nov 25, 2015
The International Finance Corporation (IFC), a unit of the World Bank, issued on Wednesday its first South African rand-denominated green bond, raising around $71-million for climate-friendly investments in emerging markets. The nine-year R1-billion paper was issued...
Nov 25, 2015
Nov 25, 2015
Old Mutual Alternative Investments (OMAI) will acquire the 50% of African Infrastructure Investment Managers (AIIM) it does not already own, making it the sole shareholder of the Pan-African infrastructure investment manager. The acquisition marked an important...
Nov 25, 2015
JSE-listed Vukile Property Fund’s distributions for the six months ended September 30, increased by 7%, in line with guidance.   Vukile boosted its distributable income by 27.7% year-on-year to R426.3-million and grew like-for-like net property revenue by 6.1%.   CEO...
Nov 25, 2015
Balwin Properties on Wednesday reported a 100% increase in headline earnings per share to 58 cents as demand for secure, affordable homes in “good” neighbourhoods continued to outpace supply in the six months to the end of August. The national specialist residential...
Nov 25, 2015
Chinese President Xi Jinping
China is set to announce new aid to African nations when President Xi Jinping visits Zimbabwe and South Africa next month, a senior Chinese official said on Wednesday. The trip is likely to boost China's relations with Africa, which supplies oil and raw materials...
Nov 25, 2015
This year will be the hottest on record and 2016 could be hotter due to the El Niño weather pattern, the World Meteorological Organization said on Wednesday, warning inaction on climate change could see temperatures rise by 6 degrees Celsius or more. But decisions...
Nov 23, 2015
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