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13 July 2018 6:48 PM Top 5 on Fin24: Coming soon to your ATM: Commemorative Randelas, how VBS allegedly dealt with ‘R1.5bn fraud’ and SA business remains unreformed

Cape Town - A roundup of Friday's top economic and finance reads on Fin24. South Africans withdrawing money from ATMs may be in for a pleasant surprise - a souvenir of former President Nelson Mandela, who was born 100 years ago this month. The South African Reserve Bank has started stocking ATMs with commemorative bank notes in remembrance of the late Madiba 33

13 July 2018 1:42 PM Erin Energy CEO, other top leaders resign

Three months after it filed for bankruptcy, the top leadership of JSE-listed Erin Energy has resigned, including its Chief Executive Officer Femi Ayoade. The Houston-based energy company is dual-listed on the New York Stock Exchange and the local bourse. In a short statement on Friday afternoon, Erin Energy said its board has accepted the resignations 27

12 July 2018 5:43 AM Public servants quit, cash out pension and then return, report finds

Public servants are resigning to cash out their pensions only to rejoin the public service, according to a report by the public service commission. The commission on Wednesday released its report on efficiency and effectiveness in the public service for the period between January 1 and March 31, 2018. It observed a "lack of control" of resignations by public 26

10 July 2018 7:16 PM MTN Nigeria picketed by labour groups over right to unionise

MTN Nigeria offices are being picketed by the country’s biggest group of unions over an alleged refusal to allow staff to form workers’ groups, a claim denied by the continent’s largest wireless carrier. The Nigeria Labour Congress agreed with Johannesburg-based MTN to allow a neutral group to survey staff and find out who wants to join a union, General 32

06 July 2018 5:35 PM Discovery's profits point to 'competitive advantage', not market failure

Discovery Health's profitability is a result of its competitive advantage, not a market advantage, says its CEO, Jonathan Broomberg. The company has issued a statement on the Health Market Inquiry's findings, which were released on Thursday after four years. The inquiry began in 2014 as a result of increasing prices in the private healthcare sector 31

04 July 2018 3:58 PM Thousands of underage children in SA are married, Parliament hears

Almost 100 000 underage children in South Africa are married, the Commission for Gender Equality told the Portfolio Committee on Social Development in Parliament on Wednesday. In some instances, mothers along with uncles or other relatives of the 91 000 underage children had agreed on dowries for children as young as 14 years old, chairperson Lulama 28

04 July 2018 2:09 PM Mpofu ponders next move after De Vos misses deadline to remove SARS inquiry blog post

A blog post by legal expert Pierre De Vos remained online on Wednesday afternoon despite advocate Dali Mpofu's request via Twitter, for it to be removed because it was, among other things, "possibly racist". "If you do not remove this article which I find defamatory, insulting & possibly racist from any public space in which you have published it plus any references 28

03 July 2018 12:56 PM SALC criticises Zim court for dismissing civil rights group application

The Southern Africa Litigation Centre (SALC) has criticised the Zimbabwean High Court after it dismissed on a technicality a constitutional challenge brought by civil right group Veritas against the Zimbabwe Electoral Commission (ZEC) and two others. Veritas had challenged the constitutionality of several sections of the southern African nation's Electoral 23

02 July 2018 5:21 PM IN FULL: 'We will go all the way' to fight 'unfair' SARS Commission – Moyane lawyer

Suspended SARS Commissioner Tom Moyane’s first step in his fight against the SARS Commission of Inquiry has been shot down by retired Judge Robert Nugent in a scathing ruling delivered on Monday. It came as no surprise, according to Moyane’s attorney Eric Mabuza, when Judge Nugent refused to grant rulings sought by Moyane in Friday's submissions, made by Advocate 42

30 June 2018 6:25 PM Ramaphosa, 4 ministers in Mauritania for AU summit tackling corruption

The 31st Ordinary Session of the Assembly of African Union (AU) Heads of State and Government will be held over Saturday and Sunday. It is themed "Winning the Fight against Corruption: A Sustainable Path to Africa’s Transformation". The Presidency said in a statement that the two-day event presents a unique opportunity to reflect on and address specific 22