Ball’s in Ramaphosa’s court now
Ramaphosa emerged from the ruling party electoral conference with a stronger mandate but a list of urgent economic hurdles to overcome.
Cas Coovadia
Banks worried over new debt-relief bill; stocks trend lower
South African banks are concerned that some of their customers will get away with not having to repay their debt.
Banks tell Cyril: Put politics aside when it comes to Eskom
Saddled with debt equivalent to about 8% of South Africa’s gross domestic product, Eskom isn’t able to produce enough electricity to meet demand.
Guptas lifeline? But ‘Ubank’ not for sale. Requires R152m recap to stay in business.
The National Union of Mineworkers is adamant that the Gupta-owned Oakbay Investments won’t buy Ubank, in which it has a 50% stake.
Time for Dames, Schindehutte to stand up; unique chance to kill SA’s cancer
It is a reflection of how far trust in SA’s Government has fallen that even its most rational actions are dismissed as a whitewash.
SA Banks: Markets rattled. ANC must act on Gupta’s Treasury capture claims
South African banks want the ruling party to prevent outsiders from interfering with the National Treasury.
Getting South African business unity back on track: Coovadia unveils plan to give big business a voice
What’s keeping big business from engaging effectively with government, labour and other stakeholders? According to Cas Coovadia, new acting CEO of Business Unity South Africa (BUSA), it’s the lack of a unified voice. He tells Alec Hogg and Gugulethu Mfuphi, on CNBC Power Lunch, that his priority is to rebuild the organisation and give it … Read more