The fracas over the National Lottery licence award highlights the risk of building a business around a regulated monopoly. Licences adjudicated by politicians are rarely made on the basis of business excellence. When the political winds change, so do the beneficiaries. Thami Mazwai, a political activist who counts former President Thabo Mbeki among his friends, … Read more
We’re rather passionate here at Biznews.com. Never more so than on Budget Day.
Calculating what the 74-strong national cabinet costs SA taxpayers, is starting to irritate citizens in a country that faces significant tax increases in the February Budget.
It must be damn tough to be South Africa’s minister of finance. Personally I would rather gut fish. By Matthew Lester
Helen Zille uses the example of last week’s Geneva conference: ANC attendees commandeered Limos, delegates from every other country walked or used Kombis.
South Africa’s rand weakened against the dollar on Thursday, a day after the finance minister warned that Africa’s most advanced economy was not making sufficient progress to reduce poverty and create jobs.
Government needs to take bold decisions and implement tougher measures to get the economy to recover, the DA said on Wednesday.
Tax changes are likely to be introduced in February when Finance Minister Nhlanhla Nene tables his first full budget, he signalled on Wednesday in his medium-term policy statement.
On the flexibility of labour, South Africa ranked 144th of 144 countries in the latest WEF Global Competitiveness Report.
Yesterday afternoon’s announcement that PPC’s Ketso Gordhan had left with immediate effect because of a dispute caused a 7% drop in the share price.