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15 January 2019 10:38 AM 'Baby Shark' driving you crazy? Creator warns penguins are next

"Baby Shark (Doo Doo Doo Doo Doo Doo)" is the YouTube sensation that’s been viewed more than 2 billion times and made the Billboard Hot 100 chart last week as its top new entrant. The jingle has also become such an earworm that late-night-show host Jimmy Kimmel proposed throwing those responsible in jail for life. Love or hate it, the South Korean company 29

31 December 2018 12:39 PM UK needs leadership, US Ambassador says as Brexit looms

The UK is in need of leadership, US Ambassador to London Woody Johnson said, as he also cast doubt on the chances of a bilateral trade deal if Prime Minister Theresa May manages to push her Brexit agreement through Parliament. “I’m feeling the country is in need of leadership,” Johnson said on Monday in a BBC Radio interview. “You can see the frustration 89

22 December 2018 1:23 PM Banks stuck with $1.6bn of unsold loans amid market rout

A rout in the once-hot market for risky corporate loans has some of Wall Street’s largest banks stuck with at least $1.6bn of unwanted leveraged buyout debt. Banks including Barclays Plc, Goldman Sachs Group Inc. and Bank of America Corp. -- among the top providers of loans for LBOs -- have struggled in recent weeks to sell loans they’ve agreed to make for private 49

21 December 2018 11:17 AM NPA still deciding whether it will charge Mbalula over Dubai trip payment

The National Prosecuting Authority (NPA) has not yet taken a decision on whether to prosecute former minister Fikile Mbalula over a holiday to Dubai which cost R680 000. "We’ll establish whether it warrants a criminal investigation. If it warrants a criminal investigation, we’ll refer it to the Hawks to open a criminal docket and investigate it," NPA spokesperson 30

19 December 2018 8:49 AM A lot of spiciness and a lot of twerking: Lasizwe tells us about his reality show

Johannesburg – South Africa get ready, another local reality show is headed your way. We’ve seen celebs like Bonang, Somizi and Papa Penny star in their own shows, and now social media star Lasizwe is set to do the same. After gaining notoriety for his hilarious videos shared on social media, the young star has spent the last two years building his brand 37

18 December 2018 4:15 AM UK said to prepare migration policy favouring high earners

Theresa May’s government is on the point of agreeing its post-Brexit immigration policy, after months of internal arguments over which applicants should be favored to enter the UK. Under the proposals, preference will be given to higher earners and people from favoured nations. These are likely to be the countries whose citizens are currently allowed 64

02 December 2018 7:49 AM Naspers CFO plans 'significant investments' in coming months

Naspers has its sights set on acquisitions as Africa’s largest company by market value targets “significant investments” for its $10bn cash pile in the next couple of months, Chief Financial Officer Basil Sgourdos said. “In the first half of this year we have done about $750m in deals, and there are some near-term opportunities coming up,” Sgourdos said by phone 33

21 November 2018 10:27 AM Axed SARS commissioner Moyane may testify at state capture inquiry

Axed SA Revenue Service commissioner Tom Moyane may take the stand at the judicial inquiry into state capture should his lawyer's application to cross-examine Public Enterprises Minister Pravin Gordhan succeed. Gordhan is presently testifying before Deputy Chief Justice Raymond Zondo. Moyane's lawyer, Eric Mabuza, said they had informed the commission 29

19 November 2018 8:01 AM Undersea gas fires Egypt's regional energy dreams

Egypt is looking to use its vast, newly tapped undersea gas reserves to establish itself as a key energy exporter and revive its flagging economy. Encouraged by the discovery of huge natural gas fields in the Mediterranean, Cairo has in recent months signed gas deals with neighbouring Israel as well as Cyprus and Greece. Former oil minister Osama Kamal 48

18 November 2018 10:32 AM 'Don't do it': Consumers warned not to splurge on Black Friday and Cyber Monday deals

Deeply indebted consumers have been warned not to splurge on Black Friday and Cyber Monday sales as retailers tempt even the most financially distressed, said Debt Rescue CEO Neil Roets. Black Friday is taking place on Friday, 23 and Cyber Monday, 26 November. "While it is true that there will be some very tempting deals on offer, consumers should think 83