199 The middle class in South Africa is under severe strain, easily the most stress in two decades. There are signs of this everywhere you look. Results from supermarket retailers show a…
Category: Business
MTN shares tumble on news of US probe
206 News that MTN Group is facing an investigation by a US department of justice grand jury sent its shares tumbling 9% on Monday, overshadowing results showing it made a half-year profit…
Here’s what defines a worthy internship
175 Companies must recognise that interns cannot be used as role fillers. Most companies have integrated internship programmes into their strategies to find graduates with no experience to mould into the perfect…
MTN South Africa cuts revenue outlook as competition bites
252 MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest…
Sars to get tougher as it chases R513 billion in unpaid tax
228 If the taxman scares you, you better run. He is on a mission to find almost half a trillion rand and will be tougher and more efficient. Taxpayers can expect Sars…
Can South Africa reform fast enough to beat unemployment?
193 Economists calculate that unemployment can only be reversed if the economy grows by 3% but economic growth is happening too slowly. Everybody agrees that South Africa should change, but can it…
US grand jury probing MTN over Iran, Afghanistan allegations
233 MTN Group on Monday disclosed that it is now the subject of a grand jury investigation by the US department of justice. The investigation will look into MTN’s operations in Afghanistan…
Here’s how much Goodyear employees will receive as Kariega plant shuts down
268 Numsa is working with government to take over the manufacturing plant after Goodyear insisted on removing its intellectual property. The National Union of Metalworkers of South Africa (Numsa) have claimed a…
MTN Group bounces back – TechCentral
344 MTN Group CEO Ralph Mupita Africa’s biggest telecommunications operator, MTN Group, swung to a half-year profit, it said on Monday, as macroeconomic conditions, inflation and foreign exchange rates in key markets…
Betway Cares Foundation: The heart behind the brand
222 From sports fields and classrooms, to remote villages and urban Joburg, Betway is making a lasting impact across SA and beyond. Through its foundation, Betway empowers communities with resources, opportunities and…