Fin24 News

10/20/2017 08:00 PM | Abedian: SA needs to be tough on corruption, Chinese-style
South Africa needs a start implementing a "Chinese-style" way of dealing with corruption that includes visible consequences for wrongdoing, says economist Iraj Abedian.

10/20/2017 07:24 PM | Eskom terminates services of evidence leader in the Koko disciplinary hearing
Eskom has terminated the services of its evidence leader, Sebetja Matsaung, in the disciplinary hearing of suspended Eskom executive Matshela Koko.

10/20/2017 05:00 PM | Farmers' court victory gains Karoo fracking reprieve
Farmers have put the brakes on fracking in the Karoo for now, as the mining ministry mulls whether it should appeal a court ruling that declared fracking regulations invalid.

10/20/2017 03:00 PM | Popcru taken aback by Hawks, FBI cooperation
The Police and Prisons Civil Rights Union says it has been "taken aback" by the Hawks' decision to cooperate with the FBI's investigation into the Gupta family.

10/20/2017 06:54 AM | News24 Edge crowned joint best app in the world
The News24 Edge app has placed SA digital media on the global stage, after it was crowned joint best app in the world at the World Digital Media Awards in Berlin.

10/20/2017 06:30 AM | BLSA to accompany Eskom to NY investor conference
Business Leadership SA may have suspended Eskom’s membership, but it will still accompany the state power utility to an investor conference in the US to help buttress investor confidence in SA.

10/20/2017 06:16 AM | Let's take this outside, Eskom counsel tells journo at Koko's hearing
Listen to the audio, as the third day of suspended Eskom executive Matshela Koko's disciplinary hearing comes to a tumultuous end.

10/20/2017 03:42 AM | JSE remains positive as rand slips
JSE manages to stay positive as rand slips ahead of medium term budget

10/20/2017 02:21 AM | As it happened - Day 3 of Koko's disciplinary hearing
Koko's disciplinary hearing heard evidence that he fired people and companies at Kusile without authority, creating a rift between him and other executives.

10/20/2017 02:09 AM | Top6 on Fin24: Ramaphosa rumours roil rand, MP's question Molefe payout, and impressions of CT's new R10bn development
ICYMI: here is a roundup of the best 6 reads on Fin24 for Friday.

10/20/2017 12:59 AM | Eskom's 'outrageous' tariff hike will marginalise millions - Ravi Pillay
KwaZulu-Natal MEC Ravi Pillay has slammed the proposed 19% tariff increase by Eskom, claiming that billions have been siphoned off through corruption at the power utility.

10/19/2017 11:40 PM | Transnet contracts, exposed in #Guptaleaks, to feature in FBI probe
Transnet’s contracts with Swiss crane manufacturer Liebherr and China South Rail are set to star in the FBI Gupta investigation.

10/19/2017 11:34 PM | Facebook, Google, Twitter will send lawyers to face congress
Tech giants will all send their top lawyers to testify in front of congressional committees investigating how Russia used social networks to interfere in the 2016 US elections.

10/19/2017 11:17 PM | South32 said to study bid for $1.6bn Rio coal mines
South32 is studying a potential bid for Rio Tinto’s $1.6bn coking coal portfolio, as it seeks to take advantage of surging prices for the steelmaking ingredient.

10/19/2017 10:46 PM | Info of children as young as 3 found in SA data breach
Personal information of children as young as 3 years old has been identified in the country’s biggest data breach by a security researcher.

10/19/2017 10:30 PM | Hedge fund sues Barclays for $850m in metal market abuse case
Red Kite Management is suing Barclays for alleged market abuse in the copper market that it claims cost the firm at least $850m between 2010 and 2013.

10/19/2017 09:59 PM | Samsung said to open giant London showroom to rival Apple
Samsung has agreed a deal to open a new space in London’s King’s Cross district which will serve as a showcase for its products and technology.

10/19/2017 09:35 PM | Rand plunge lifts major JSE indices to new highs
The rand's sharp fall to its weakest level in a week-and-a-half has given the JSE a welcome push, lifting the major indices back to all-time highs.

10/19/2017 09:32 PM | Rumours of Ramaphosa axing roils rand
The rand has led emerging market currency declines against the dollar amid speculation that President Jacob Zuma is preparing to fire his deputy Cyril Ramaphosa.

10/19/2017 08:38 PM | Brian Molefe’s young wife boosted his pension payout
Former Eskom CEO Brian Molefe's marriage to Arethur Moagi in December 2016 boosted his pension payout, according to the CEO of the Eskom Pension and Provident Fund.