Fin24 News

06/28/2017 05:00 AM | Capturing Treasury: OUTA connects the dots
OUTA sets out in a document past attempts by National Treasury to prevent public resources from being plundered for the benefit of Gupta-linked companies.

06/28/2017 04:16 AM | We must unlock the potential in rural economies
The Guptarisation of the state has seen a total lack of focus on how we take our country forward, says Jordan Griffiths.

06/28/2017 03:58 AM | AngloGold CEO: We have to act to protect most of our workers
AngloGold Ashanti's turnaround strategy at its loss-making operations, which could see up to 8 500 jobs cut, aims to protect the business and most of its workers, says CEO Srinivasan Venkatakrishnan.

06/28/2017 03:16 AM | Stronger day out for JSE as US markets strengthen
The rand firmed to R12.97 to the greenback at the close of trading, seeing financials lifted 0.83% and banking stocks 0.90%.

06/28/2017 03:07 AM | Delay in rand probe hearings over name mix-up
The Competition Commission's investigators mixed up the legal entities of some banks named in a currency manipulation probe and delayed hearings so they can reconsider the case, according to people familiar with the matter.

06/28/2017 02:34 AM | SAA said to favour Vodacom exec as CEO
SAA has identified Vodacom Group executive Vuyani Jarana as the leading candidate to become its first permanent CEO since November 2015, according to sources.

06/28/2017 02:34 AM | Real-take home pay increasing at snail’s pace - report
South Africans' real take-home pay increased slightly for the third consecutive month in May on a year-on-year basis, according to BankservAfrica.

06/28/2017 02:29 AM | Radical economic transformation to take central stage at ANC policy conference
Radical economic transformation will be the 'key badge of entry' into the ANC-faction aligned with presidential hopeful Nkosazana Dlamini-Zuma, says an economist.

06/28/2017 02:17 AM | Minerals bill: More delays expected
Amendments to the Mineral and Petroleum Resources Development Act are still not in line with the Constitution, warn legal and mining experts.

06/28/2017 01:59 AM | Masterplan for car makers to transform quicker
The leadership in the car manufacturing sector have openly embraced radical economic transformation, says ANC Treasury General Zweli Mkhize.

06/28/2017 01:46 AM | First salvo fired in court battle to prevent Mabola mining
Civil organisations have set in motion a precedent-setting legal battle which could determine how future mining applications in environmentally sensitive areas are handled.

06/28/2017 12:57 AM | ALERT: Charter warning as AngloGold starts retrenching 8 500 workers
AngloGold Ashanti is embarking on retrenchments that could see 8 500 workers lose their jobs, a move seen as the first of many to hit the industry as a consequence of the Mining Charter.

06/28/2017 12:51 AM | OUTA outlines how Eskom was 'captured'
The Organisation Undoing Tax Abuse claims to show in documents presented to parliamentary representatives how Eskom has been captured.

06/27/2017 11:16 PM | Ransomware becomes go-to hack as Bitcoin rallies, NSA tools leak
A recent outbreak of ransomware attacks have shown that digital stickups are becoming the go-to hack for cybercriminals, fuelled by powerful leaked US government exploits.

06/27/2017 09:28 PM | Why R69 000 a day for JSE Top 100 execs will destroy capitalism
A Deloitte report that reveals JSE Top 100 company executives earn on average about R69 000 a day points to why capitalism will fail, not only in South Africa, but around the world.

06/27/2017 08:57 PM | REVIEWED: The S8 - Samsung's best smartphone ever
With intuitive features and attractive design, the Samsung Galaxy S8 is pricey but the perfect combination of beauty and brains, says Kyle Venktess.

06/27/2017 08:42 PM | Construction confidence falls to lowest level in 6 years
The FNB Bureau of Economic Research Civil Confidence Index fell to its lowest level in six years.

06/27/2017 08:33 PM | JSE moves sideways as data confirms economy in dire straits
Share prices on the JSE have again moved sideways, as newly-released local data confirmed what everyone is suspecting – the economy is in dire straits.

06/27/2017 07:21 PM | Zim audit shows shocking abuse of public funds
A report by Zimbabwe’s auditor general has revealed shocking details of the abuse of public funds at state-owned institutions and government ministries.

06/27/2017 07:05 PM | Bitcoin bull unfazed as cyberattacks resume globally
Michael Novogratz says cryptocurrencies could be worth north of $5trn in five years - if the industry can come out of the shadows.