BMA to tighten entry ports, SANDF to police borders, says Ramaphosa
President Cyril Ramaphosa said that the Border Management Authority (BMA) would tighten the ports of entry and that the SANDF would also assist in policing the borders.
Mkhwebane won't oppose McBride's application to suspend remedial action
The parties will head to court in two weeks’ time with an agreement to put the remedial action on ice.
Sekunjalo Holdings raid followed claims of prohibited trading practices - FCSA
The FSCA said it was investigating possible contraventions of Section 80 of the Financial Markets Act.
PP won't oppose McBride’s bid to suspend remedial action from Ipid report
Robert McBride, the watchdog body's head of the investigation, Matthews Sesoko, and six others filed an application on Wednesday to first suspend the remedial action before taking the report on judicial review.
Survé blames Gordhan after Sekunjalo's Cape Town offices raided
The Financial Sector Conduct Authority (FSCA) has confirmed that it raided the premises targeting hard drives, including the laptop of Survé personal assistant.
Old Mutual confident of overturning ruling on Moyo’s reinstatement
The company also filed papers at the Johannesburg High Court on Tuesday, denying that it’s in contempt of court by barring Moyo from resuming his duties.
Old Mutual to file responding papers in Peter Moyo case
The Public Investment Corporation and some shareholders have called on Old Mutual to sort out its differences with Moyo while other shareholders said the company should fight on.
Old Mutual to defend R250m damages claim lodged by Moyo
Peter Moyo’s legal counsel confirmed that the company was served with papers, which stated that he should be reinstated or Old Mutual would face a damages claim.
Low potential growth needs to be addressed, Sarb on economy
The bank said South Africa would keep paying a high rate of interest on the loans used to plug a widening budget deficit until its fiscal problems were addressed.
Ramaphosa appoints economic advisory council
The council was announced by President Ramaphosa in his State of the Nation Address and he has now named the members who will make up the body.
Ramaphosa, business leaders discuss ways to boost economy
The Presidency said that the meeting, held at the request of business leaders, was attended by the leadership of the major banks and others.
ANCWL’s Dlamini says govt’s plans to tackle GBV are yet to be realised
Hundreds of women gathered at the Johannesburg Stock Exchange (JSE) on Friday in protest, calling for end to the violence.
3 Altron Nexus execs placed under precautionary suspension
This follows an investigation that has revealed potential internal irregularities.
Old Mutual court bid to bar Moyo from returning to work dismissed
Peter Moyo was axed in June after Old Mutual cited a conflict of interest and a breakdown in trust.
SA unemployment crisis: Ramaphosa, Mabuza meet with business community
Job creation is a major problem in South Africa, with unemployment increasing despite various interventions from government.
Denel granted R1.8 billion bailout from Treasury
It also said an additional R1 billion bailout will be considered in 2020/21 budgetary process.
Treasury: Implementation of plans in new report could create 1m jobs
The report looks at modernising network industries to promote competitiveness & inclusive growth, lowering barriers to entry & addressing distorted patterns of ownership.
Mboweni releases economic strategy paper, calls on SA to comment
The paper was released on the Treasury's website and is titled Economic Transformation, Inclusive Growth, and Competitiveness: Towards an Economic Strategy for South Africa.