MultiChoice BEE scheme gains R3.8bn

22 minutes ago

The value of MultiChoice SA’s empowerment scheme Phuthuma Nathi, which has a 20% stake in the company, gained as much as R3.8 billion this week on the news that Naspers would unbundle video interestsinto a new group called the MultiChoice Group.

Business

Last gasp for Guptas' VR Laser

2018-09-23 10:58

A last-ditch attempt to stop the winding down of the Gupta family’s VR Laser was squashed in court this week, clearing the path for its business rescue practitioners to auction off the company’s machinery.

Business

How to get South Africa out of recession

2018-09-23 10:08

Since 2011, South Africans have experienced weak economic growth, high unemployment, low commodity prices, declining investment levels, greater household dependency on credit and policy uncertainty.

 
South Africa

NDZ backs Cyril with breakthrough meeting between business, presidency

2018-09-23 05:55

Nkosazana Dlamini-Zuma is emerging as one of President Cyril Ramaphosa’s key ministers after she helped engineer a breakthrough meeting between the presidency and 60 chief executives.

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