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Sanlam’s personal finance chief to take over Santam

Lize Lambrechts, Sanlam’s personal finance chief is set to take over as chief executive of Santam from 1 January 2015.

Ramaphosa breaks away from Shanduka

Shanduka is restructuring in a move that will see complete divestment of its founder and former chairman, vice president Cyril Ramaphosa.

Eskom's financial crisis drives power utility towards retrenchments

South Africa’s power utility is reported to be encouraging some of its staff members to consider voluntary retrenchment.

Nedbank to integrate capital & corporate units

Nedbank Capital and Nedbank Corporate will be integrated into a single client-facing, wholesale business cluster, the company has said.

Moody’s extends review for African Bank’s ratings

Moody’s has extended the review for downgrade of African Bank Limited’s Caa2 global scale long-term deposit and senior unsecured ratings.

Eskom woes worsen as group profits drop 24%

South Africa’s power utility, Eskom has reported first half profits of 9.3 billion rand from 12.2 billion last year.

S.Africa’s real GDP up 1.4% quarter-on-quarter

South Africa’s real gross domestic product (GDP) is up 1.4 per cent quarter-on-quarter, seasonally adjusted and annualised.

Steinhoff acquires controlling stake in Pepkor

Steinhoff International has concluded agreements with the Wiese family and Brait S.E on acquiring 92.3 per cent of the Pepkor group.

Bridging the gap between studies and the real world

Supply Chain Next (SCNext) partners with South African Production and Inventory Control Society (SAPICS) to assist young professionals.

Industrial players to assist Eskom with energy challenges

South African based industrial businesses will assist Eskom in curtailing energy shortages.

Hulamin acquires Bayside casthouse from BHP

Isizinda Aluminium has acquired the Bayside casthouse in Richards Bay, KwaZulu Natal, from BHP Billiton.

Naspers launches sale of Swiss online retailer Ricardo: sources

Naspers is selling its Swiss online retailer Ricardo in a deal potentially worth 300 to 400 million Swiss francs.

And just like that, the world takes note of Mozambique

The recent gas discoveries in Mozambique are set to bring in more than 30 billion dollars worth of business.
Power play in Mozambique

S.Africa's Eskom says begins nationwide rolling blackouts

South Africa's state utility Eskom said on Friday it had started nationwide rolling blackouts.

Making money beyond borders

Investing overseas may yield better returns, according to Clayton Stewart, international investment specialist at Caleo Capital.

Are e-tolls the most viable way of improving freeways?

E-tolls are the most viable way of funding the improvement of Gauteng freeways, says economist Roelof Botha.

Namibian vehicle sales up by 9% in October

Namibia’s automobile industry registered an increase in vehicles sales by nine per cent in September.

Fostering an ethical culture within the workplace

Business leaders need to set a behavioural example if they want their employees to perform ethically.

Public association with anti-corruption vital for business

South African businesses should publically engage in combating corruption rather than attempting to solve the issue internally.

S.Africa’s 2014 tax season ends 21 November

South Africa’s 2014 tax season comes to an end on Friday, 21 November for most tax payers.
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