Saturday, August 17, 2019

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US housing starts fell last month amid Hurricane Florence

US new-home construction fell in September on a decline in the South that may reflect disruptions from Hurricane Florence, government figures showed onWednesday. Highlights of...

SARS on Nugent: eFiling system not on verge of collapse

The South African Revenue Service (SARS) has dismissed any perception that its eFiling system is on the verge of collapse, saying the system was...

OUTA lays charges against suspended Eskom ex-boss Koko

Johannesburg - The Organisation Undoing Tax Abuse (OUTA) on Thursday said it laid criminal charges against suspended Eskom boss Matshela Koko regarding a series of...

Hands off the PIC’s funds

FINANCE MINISTER Malusi Gigaba has assured public sector trade unions and the public at large that the government has no intention of raiding civil...

Gigaba takes action to prevent politicising of PIC

Cape Town - Minister of Finance Malusi Gigaba is concerned about what he calls "the politicising of the Public Investment Corporation (PIC)". And he is...

SAA tables improved wage offer

Cape Town - South African Airways (SAA) announced on Wednesday afternoon that it has made "considerable progress" with the current wage negotiations dispute with...

Eskom interim CEO Dladla out, Maritz in

Cape Town - Eskom announced on Friday that it is replacing acting CEO Johnny Dladla with Sean Maritz. Maritz is Eskom’s CIO and group executive...

Rand reaches 20-month best level on positive economic data

The rand remained on the front foot on Friday afternoon‚ reaching a fresh 20-month best level of R12.4369 to the dollar in intra-day trade. The...

Resurfacing political risk pulls the JSE down

The JSE was weaker in midday trade on Monday after Treasury officials confirmed that Finance Minister Pravin Gordhan and his deputy‚ Mcebisi Jonas‚ were...

Banks lose R86bn of their market cap in wake of Gordhan’s dismissal

The JSE’s banks had R86bn of their market capitalisation wiped out on Friday morning as the market reacted to President Jacob Zuma’s firing of...

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