Biznews - The Latest Business & Financial News in South Africa

Secretary-General Mbalula dodges accountability as SA’s problems continue to pile up – Ivo Vegter

In a scathing opinion piece, Ivo Vegter’s focus falls on Fikile Mbalula, the secretary-general of the ANC government. He highlights Mbalula’s recent interview with the BBC, where he attempted to deflect criticism by arguing that the ANC should not be defined solely by the issue of loadshedding.

May 26th, 2023

Eskom’s ludicrous expenditure: R238,000 for a mop – de Ruyter

In his revealing new book, “Truth to Power: My Three Years Inside Eskom,” former Eskom CEO Andre de Ruyter unveils a staggering web of corruption at Eskom.

May 29th, 2023

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SA faces threat of sanctions over Russia-Ukraine stance: Consequences could prove catastrophic Reserve Bank warns

Following the ANC government’s reaffirmed stance of non-alignment on Russia’s invasion of Ukraine, South Africa’s central bank has issued a stern warning about the potential ramifications of sanctions.

May 29th, 2023

Life in the Time of Cholera – the SA reality as ANC governance falls behind 19th Century civilisation

SA’s cholera outbreak, Mbalula’s dismissal of ANC responsibility and the party’s failure to implement a simple solution confirm SA’s disintegration.

May 29th, 2023

Blooming success at Chelsea: South African agapanthus experts Andy and Quinton

Andy de Wet and Quinton Bean from De Wet Plant Breeders have just won the Royal Horticultural Society’s Plant of the Year award.

May 29th, 2023

PIC and ex-Telkom CEO join forces for possible Telkom bid

Africa’s largest asset manager, the PIC is backing a possible bid led by the former chief executive of Telkom Ltd for a 35% stake in the telecoms giant.

May 29th, 2023

BRICS: From investment slogan to global power club — Iran, Saudi Arabia, and 17 others now want in

The BRICS group of emerging markets — Brazil, Russia, India and China, with South Africa added later — has gone from a slogan dreamed up at an investment bank to a real-world club that also controls a major development bank.

May 29th, 2023

Cathy Buckle: A Zimbabwean adventure of courage, determination and wildlife encounters

In another heartfelt letter, Cathy Buckle takes readers on a captivating journey through the challenges and triumphs of life in Zimbabwe.

May 29th, 2023

Extradition of Ex-Mozambican Minister marks Southern Africa’s anti-corruption triumph

Nicole Fritz told BizNews that it was a significant moment in civil society’s effort to combat corruption in Southern Africa

May 28th, 2023

Male suicide crisis – how gender equality, feminism, and policy engendered this obscure issue – Richard Reeves

Author and researcher Richard Reeves discusses the ratio of male suicide – a shocking four times that of women – and the reasons behind it.

May 26th, 2023

Saldanha Bay Blueprint: How to run a successful municipality – Exec Mayor André Truter

Mayor André Truter shared his secrets for success and said he was more than willing to share best practices with ANC-run municipalities.

May 26th, 2023

SA’s arms control under global scrutiny following arms-to-Russia allegations

In the midst of a heated debate surrounding US ambassador to South Africa, Reuben Brigety’s accusations regarding the country’s alleged arms supply to Russia, South Africa’s arms control practices have come under intense scrutiny.

May 26th, 2023

Ramaphosa stands firm: SA non-aligned in Russia-Ukraine conflict

In the face of mounting pressure from trading partners, President Cyril Ramaphosa reaffirmed South Africa’s commitment to non-alignment in the ongoing conflict between Russia and Ukraine.

May 26th, 2023

Ramaphosa transfers powers to Electricity Minister to address energy crisis

South African President Cyril Ramaphosa allocated a range of powers to his electricity minister to help address the nation’s energy crisis, almost three months after appointing him.

May 26th, 2023

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Boardroom Talk – De Ruyter’s book (and SA) gets an Econ Oil test in the Competition Tribunal

André de Ruyter uncovered many issues in his bestseller. And despite what his detractors suggest, he provided plenty names.

May 29th, 2023

Boardroom Talk – The Davos Advantage: Nvidia’s AI surge takes us up 60% in welcome win

This week I received my invitation to the World Economic Forum’s Summer Davos meeting in China at the end of June. The economics of modern publishing being what they are, drinking in the knowledge that will be abundantly ditributed at the event is only possible if we find a sponsor.

May 26th, 2023

Premium – Nvidia races towards $1trn club as AI frenzy drives chip stocks higher

Nvidia’s blowout sales forecast has set the Silicon Valley company on course to become the first chipmaker to be valued at more than $1tn, as booming demand for its artificial intelligence processors drove semiconductor stocks higher on Thursday.

May 26th, 2023

Boardroom Talk: Geopolitics at critical juncture – no more own goals for SA please

After 2021’s rebalancing, which raised the economy’s official size by 11%, South Africa’s GDP is now $420bn. The world’s GDP is over $100 trillion. This means SA accounts for just 0.4% of global economic activity – for every $1 000 spent anywhere on earth this year, only $4 will be on the southern tip of Africa.

May 25th, 2023

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AI is changing the face of investing (for the better?)

AI enables computers and machines to make sense of data at a scale that far exceeds what humans can analyse – but is it for the better?

May 26th, 2023

Your next offshore investment move: A roadmap of how to go about it

If you have a 5-year horizon, ask yourself where you see the world at the end of that timeframe and invest in that.

May 24th, 2023

Forex in SA – Ignorance is expensive, certainly not bliss

Arno von Helden is the driver of Standard Bank’s revolutionary in-house fintech called Shyft, a business that’s democratising the foreign exchange market for retail investors.

May 22nd, 2023

Every dark cloud has a silver lining; will Telkom shareholders find theirs?

Telkom released a trading statement that can only be described as shocking, but in the same breath, a wake-up call for South Africa!

May 22nd, 2023

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SA faces threat of sanctions over Russia-Ukraine stance: Consequences could prove catastrophic Reserve Bank warns

May 29th, 2023

PIC and ex-Telkom CEO join forces for possible Telkom bid

Africa’s largest asset manager, the PIC is backing a possible bid led by the former chief executive of Telkom Ltd for a 35% stake in the telecoms giant.

May 29th, 2023

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BNC#6

To be held from March 12 to 15, 2024 at the Champagne Sports resort in the Central Drakensberg. Register here

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Secretary-General Mbalula dodges accountability as SA’s problems continue to pile up – Ivo Vegter

Eskom’s ludicrous expenditure: R238,000 for a mop – de Ruyter

SA faces threat of sanctions over Russia-Ukraine stance: Consequences could prove catastrophic Reserve Bank warns

Life in the Time of Cholera – the SA reality as ANC governance falls behind 19th Century civilisation

Blooming success at Chelsea: South African agapanthus experts Andy and Quinton

PIC and ex-Telkom CEO join forces for possible Telkom bid

BRICS: From investment slogan to global power club — Iran, Saudi Arabia, and 17 others now want in

Cathy Buckle: A Zimbabwean adventure of courage, determination and wildlife encounters

Extradition of Ex-Mozambican Minister marks Southern Africa’s anti-corruption triumph

Male suicide crisis – how gender equality, feminism, and policy engendered this obscure issue – Richard Reeves

Saldanha Bay Blueprint: How to run a successful municipality – Exec Mayor André Truter

SA’s arms control under global scrutiny following arms-to-Russia allegations

Ramaphosa stands firm: SA non-aligned in Russia-Ukraine conflict

Ramaphosa transfers powers to Electricity Minister to address energy crisis

Boardroom Talk – De Ruyter’s book (and SA) gets an Econ Oil test in the Competition Tribunal

Boardroom Talk – The Davos Advantage: Nvidia’s AI surge takes us up 60% in welcome win

Premium – Nvidia races towards $1trn club as AI frenzy drives chip stocks higher

Boardroom Talk: Geopolitics at critical juncture – no more own goals for SA please

AI is changing the face of investing (for the better?)

Your next offshore investment move: A roadmap of how to go about it

Forex in SA – Ignorance is expensive, certainly not bliss

Every dark cloud has a silver lining; will Telkom shareholders find theirs?

SA faces threat of sanctions over Russia-Ukraine stance: Consequences could prove catastrophic Reserve Bank warns

PIC and ex-Telkom CEO join forces for possible Telkom bid

BizNews Premium

BNC#6

SA faces threat of sanctions over Russia-Ukraine stance: Consequences could prove catastrophic Reserve Bank warns

R100-million Dinosaur centre as dead as a Dodo – MP Sonja Boshoff

Life in the Time of Cholera – the SA reality as ANC governance falls behind 19th Century civilisation

Blooming success at Chelsea: South African agapanthus experts Andy and Quinton

Eskom’s ludicrous expenditure: R238,000 for a mop – de Ruyter

PIC and ex-Telkom CEO join forces for possible Telkom bid

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