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09:00 PICS: An inside look at the $24m mansion a coffee company heir built


16:53 SA CEOs lose more sleep over economic woes than global peers


14:38 Top5 on Fin24: Zuma blasted into space, and SA schools unaware of uniform guidelines


08:47 #EntrepreneurCorner: Choosing between price, quality and service


06:25 WATCH: Putting the squeeze on the wealthy



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  • Deputy finance minister Gungubele confident SA will avoid downgrade

    22 March 2018 11:57 AM 16

    Johannesburg - Deputy Finance Minister Mondli Gungubele on Thursday hinted he was confident that the country will avoid a credit downgrade by Moody’s when the ratings agency announces its review on Friday. Gungubele said meetings between National Treasury and ratings agencies during last week's international investor roadshow gave him hope of a positive

  • SA consumer inflation eases to 4%

    20 March 2018 9:03 AM 18

    Cape Town – South Africa’s headline consumer price inflation (CPI) eased to 4.0% in February, down from 4.4% in January 2018, according to official figures. On average, prices increased by 0.8% between January 2018 and February 2018, Statistics SA announced on Tuesday. The SA Reserve Bank meanwhile also announced that the current account deficit has widened

  • CEF applies to invalidate oil sale contracts

    19 March 2018 6:02 PM 29

    Johannesburg - South Africa’s state-owned Central Energy Fund has applied to invalidate 2015 contracts for the sale of crude oil to Taleveras Group and joint ventures led by Vitol and Glencore. The sale of 10 million barrels of oil reserves by the CEF’s Strategic Fuel Fund when prices languished near an eight-year low was probed by the Energy Department

  • WATCH: Tech companies dominate SA's favourite TV ads lists

    19 March 2018 5:24 PM 23

    Johannesburg - Commercials by tech companies dominated South Africans’ most favourite TV advert lists, according to global research agency Kantar Millward Brown. During the last quarter of 2017, Samsung’s Knox Seagull commercial advertising the company’s software security, by the bird stealing a phone, was rated by the agency as the country’s favourite

  • Tech giants set to face 3% tax on revenue under new EU plan

    18 March 2018 11:37 AM 29

    Brussels - Large digital companies operating in the European Union, such as Alphabet or Twitter, could face a 3% tax on their gross revenues based on where their users are located, according to a draft proposal by the European Commission. EU countries have been looking into methods to tax digital companies, including and Facebook, in a way that captures

  • SARS denies Moyane acted unlawfully in Gupta VAT repayments

    16 March 2018 2:15 PM 29

    Cape Town – The SA Revenue Service came out swinging on Friday, arguing that its head Tom Moyane had acted within the guidelines of tax law when handling VAT refunds to a Gupta-linked company. This comes after the Daily Maverick on Friday reported that Moyane was involved in approving more than R70m in VAT refunds to Oakbay Investments, via third party

  • Media24 agrees to pay R14m in price-fixing settlement

    16 March 2018 10:26 AM 30

    The Cape Town Central City Improvement District noted Media24's revamped building, adding value to the CBD property value. Cape Town - Media24 has agreed to pay an administrative penalty of R13.83m as settlement in a price-fixing case brought against it and 27 other media companies by the Competition Commission. The settlement follows similar penalty

  • Three major mistakes Tiger Brands made in response to the listeriosis crisis

    16 March 2018 4:49 AM 24

    TIGER BRANDS, the South African food giant at the centre of the listeriosis storm engulfing the country, is facing serious brand erosion as a result of the way it handled the unfolding crisis. Tiger Brands was thrown into the centre of the listeriosis storm after South Africa’s National Institute for Communicable Diseases announced that its investigation

  • Botswana exporting power, SA among buyers

    15 March 2018 8:00 PM 24

    Gaborone - Botswana is exporting power for the first time in 10 years, a far cry from the days when Africa’s biggest miner of diamonds was forced to import as much as 75% of its needs. State-owned Botswana Power started “limited” sales to the Southern African Power Pool’s auction platform, where regional utilities buy and sell electricity, Chief Executive

  • Mining production increased 2.4% y/y in January

    15 March 2018 5:32 PM 21

    Johannesburg - Mining production increased by 2.4% year-on-year in January, boosted by iron ore and other non-metallic minerals, figures released on Thursday by Statistics South Africa showed. Iron ore production added 3.4 percentage points to the increase, while other non-metallic minerals put on 1.3 percentage points. The statistics also revealed that mineral