Newsroom

Reserve Bank bought R10.2 billion worth of govt bonds in May

The SA Reserve Bank again purchased over R10 billion worth of SA government bonds in May, as it continues to inject liquidity into the market amid the...
June 5, 2020

African Development Bank agrees external review of Adesina probe

The African Development Bank has agreed to an external review of an investigation that found no evidence of wrongdoing by its president, Akinwumi...
June 5, 2020

Retrenchments can be negotiated via Zoom, court rules

The Johannesburg Labour Court has ruled that retrenchment negotiations can take place over Zoom or using other video conferencing facilities. This was in...
June 5, 2020

Financial services company loses licence, fined R3m for marketing high-risk shares to pensioners

The Financial Services Conduct Authority has withdrawn the operating licence of Ecsponent Financial Services - and slapped it with a fine of R3 million for...
June 5, 2020

Tongaat not backing down in battle with Barloworld over R5.3bn starch deal

Sugar producer Tongaat Hulett on Friday rejected concerns raised by Barloworld over the profitability of its starch business, which Barloworld is in the...
June 5, 2020

Rand’s winning streak continues – but it could be short-lived

The rand continued to strengthen on Friday morning to reach R16.74/$ in early trade, after breaking through the R17/$ barrier two days earlier for the first...
June 5, 2020

Kulula.com owner’s fleet to be halved, retrenchments to continue

The business rescue practitioners of JSE-listed Comair intend to halve the number of aircraft used, they said in a notice to shareholders on Friday. They...
June 5, 2020
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