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08 December 2018 11:00 AM Black Friday sales disappoint, but retailers can still score with holiday shopping

Consumers can expect more discounting by retailers leading up to the festive season, with the Saturday before Christmas and Christmas Day itself being big sales days for retailers. This is according to Higor Torchia, country manager for the Europe, Middle East and Africa region of retail software management company Vend, explaining some of the sales 110

29 November 2018 4:15 AM 4 successful land reform elements and the 'wolf at the door' for SA farmers

Of the 64 countries globally which have embarked on land reform, 17 had restitution programmes in place and only 11 have claimed to be successful, says Dr Theo de Jager, president of the World Farmers Association. "Our research shows that there are four elements the countries with successful land reform had in common. This should be a guideline for SA as well," De Jager 45

19 November 2018 5:47 PM US blacklists South African man for helping North Korea evade sanctions and purchase oil

The US Treasury placed a Russian-born South African man on its sanctions blacklist on Monday for allegedly helping North Korea avoid an international embargo on its energy purchases. The Treasury said Vladlen Amtchentsev worked with Velmur Management Pte and Transatlantic Partners Pte to buy fuel oil and gasoil to ship to North Korea even though that was forbidden 55

16 November 2018 1:16 PM Team Dimension Data hand over 75 bikes to Khayelitsha kids

Cape Town - On Thursday riders and staff from Team Dimension Data for Qhubeka, Africa’s World Tour cycling team, along with various partners, gathered at Bulumko High School in Khayelitsha to distribute 75 Qhubeka bicycles to schoolchildren. The recipients are part of a Qhubeka learn-to-earn programme in the area, which in turn is part of a larger Qhubeka 39

25 October 2018 7:14 PM Kingon: SARS urgently needs stability in leadership

Leadership stability is urgently required at the South African Revenue Service (SARS), acting commissioner Mark Kingon has said. Kingon was responding to questions from members of Parliament (MPs) on Thursday in a joint sitting of the standing committees on finance and appropriations, as well as their select committees. Treasury, led by Finance Minister 37

24 October 2018 12:07 PM Here's how R50bn will come together for Ramaphosa's economic plan

President Cyril Ramaphosa's economic stimulus package and recovery plan is one of the three policies government will prioritise in the medium term. Finance Minister Tito Mboweni on Wednesday delivered the mini budget in Parliament, outlining growth boosting measures which are reliant on private sector investment. He stressed the importance of partnerships 71

19 September 2018 6:00 PM No agreement at CCMA between Solidarity and Sasol

Solidarity and Sasol were unable to reach an agreement at the Commission for Conciliation, Mediation and Arbitration (CCMA) on Wednesday, the union said in a statement. According to Solidarity CEO Dr Dirk Hermann, the mediation was deferred to get more clarity on the final Mining Charter’s wording. Meanwhile, Solidarity’s strike continues. According 48

17 September 2018 8:18 AM US confirms further Palestinian aid cut

The US has cut additional aid to the Palestinians for programmes supporting conflict resolution with Israelis, an official said on Sunday, adding to more than $500m in other cuts. The latest cuts come from $10m in programmes on reconciliation involving Palestinians as well as Jewish and Arab Israelis. The portion of the money involving Palestinians in the occupied 42

21 August 2018 10:08 AM Sanral bears brunt of lack of government clarity on e-tolls

Sanral has collected R5.6bn less in e-toll fees than budgeted mostly because there is no clarity from government about the future of the system, Parliament has heard. Briefing the Standing Committee on Appropriations on Tuesday, Treasury’s deputy director general on public finance Dr Mampho Modise highlighted the financial position of several entities 112

16 August 2018 7:46 PM Female execs in SA still underrepresented, underpaid

Female representation at senior management and executive levels in South Africa is still, on average, only 20%. The data also showed that 61% of the women are remunerated below the median of the sample, compared to just 39% of men. By contrast, 63% of men are remunerated above the median, compared to just 37% of the women in the sample. The survey looked 45