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Unauthorised expenditure in SA increases by 38% to R2.1bn, says Auditor-General | IOL Business ReportSA's Auditor-General today released the audit results of the country’s consolidated audit outcomes of national and provincial governments.
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AG sends unsparing warning to SOEs – see full report | IOL Business ReportAG's comments came after Finance Minister Tito Mboweni raised a similar concern in his Medium-term Budget Policy Statement in October.
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WATCH: SA Reserve Bank hikes interest rates | IOL Business ReportThe SARB Governor Lesetja Kganyago announced that the interest rate for SA would be increased by 25 basis points. RepoRate 😳😟 yeses uNyusizinto at it again 😢😢😢ngidisemba! Saze salamba bo! Reserve Bank tricks consumers to spend via credit by reducing interest rates and as a result of the lowered interest rate, savings decline, while consumption and investment go up, setting into motion an economic boom. However, this boom turns into bust because of SARB
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SA huffs and puffs its way out of first recession in 9 years | IOL Business ReportThe rand has cheered the decision of the SA Reserve Bank Monetary Policy Committee to hike interest rates for the first time since March 2016.
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WATCH: #BlackFriday chaos around SA | IOL Business ReportThe biggest shopping event has finally arrived for eager shoppers, Black Friday. Very sad indeed!
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#BlackFriday2018 dominates SA Google search this week | IOL Business Report'Makro Black Friday' and 'Builders Warehouse Black Friday' are just some of the most searched terms on Google South Africa this week.
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Ex-waiter sees his booming ice bucket business supply major industry players | IOL Business ReportA young entrepreneur has carved out a niche for himself in the multi-billion rand alcoholic beverages industry by manufacturing ... Well done. Love a good news story.
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SA loses extra R1bn tax revenue to illegal cigarettes | IOL Business ReportSpar hailed for decision to remove all illegal cigarettes from their shelves until their makers start paying their taxes. What’s the EFF cut? I-malema inyoka What is important here ? ? TobaccoKills 95 South Africans DAILY ☠️☠️🚭🚭 But MSM & our friendly government promote the poison Twice the murder rate
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Damning Viceroy report drags NEPI, property sector down | IOL Business ReportThe Viceroy report claimed its investigations had “uncovered numerous inconsistencies within NEPI Rockcastle’s financial reporting.
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SA Post Office says clears backlog in mail sorting centres affecting deliveries | IOL Business ReportSouth Africa's Post Office has cleared the backlog in its depots that affected the delivery of items to customers. busrep No shit.
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