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Steinhoff on the Brink: A Chronicle of Collapse at Retail Giant | IOL Business ReportA long-awaited probe into Steinhoff’s books is nearing completion, promising deeper insight into what misconduct occurred and who was responsible. busrep busrep Did Mr Wiese know?
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#GlobalCitizenFestival: Uber leaves people stranded after massive price hikes | IOL Business ReportMany GlobalCitizenFestivalSA revellers were left stranded as the Uber app and website had crashed, while some uber drivers hiked up the prices of trips up to R1000. Other's claim that their Uber drivers' cancelled their trips. busrep
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SA moves out of technical recession, economy grows by 2.2% | IOL Business ReportSouth Africa’s economy grew 2.2% in the third quarter after contracting by revised 0.4% in the second and has now exited the recession. busrep South Africa’s emergence from recession is mainly due to strong growth of 7.5% in the Manufacturing sector and 6.5% growth in Agriculture. Unfortunately the Mining and Construction sectors continue to struggle. The GDP data gives us confidence that we are over the worst. SAGrows busrep Trying so hard to do damage control for Cyril. This country is a mess; thanks to the so called 'New Dawn' busrep ...hands up all those who believe SA's economy grows by 2.2%... MamaCallsBS...
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SA forecast to exit technical recession | IOL Business ReportEconomists expect the third quarter GDP data due today to show that South Africa’s moribund economy exited its first recession since 2009. busrep I will celebrate when I start to see positive results. busrep Economists are playing computer games on spreadsheets. Dream on....
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Durban is attracting young home buyers and families | IOL Business ReportDurban is going all out to present its best credentials to the world as a prime global coastal destination TheMercurySA busrep Why? It's a dump....
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Waymo, Uber and other rivals compared in the race for robotaxis | IOL Business ReportUber and Lyft, global automakers like General Motors and Ford, and scores of start-ups are vying to roll out robotaxi services for paying customers.
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Sibanye-Stillwater urges union leader Mathunjwa to call off strike | IOL Business ReportSibanye-Stillwater urged the president of striking workers' union Association of Mineworkers and Construction Union (Amcu) to call off a strike.
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Treasury backs Eskom 'emergency loan' | IOL Business ReportApproval for the 'emergency procurement' of diesel to power the utilities' expensive open-cycle gas turbines. busrep kante, didnt Eskom get a loan from the Chinese s'nini'nini? 🤔😳 or am i confusing Eskom with another SOE tumisole AdvBarryRoux busrep Why does Eskom use expensive diesel? Are you telling me there is no other invention on earth that is cheaper? Seems like an organisation that knows nothing about electricity. busrep Eskom is by no means a 'small' company BUT it sure seems like it is being run by Micky Mouse !! WhyDoWePutUpWithThisGiantLevelOfIncompetence
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PwC probe into Steinhoff scandal to be finalised in February | IOL Business ReportSteinhoff is still grappling with the fallout after admitting to accounting irregularities a year ago.
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SA ‘moves to ease controls’ on fuel price | IOL Business ReportProposals in discussion document would allow service stations to set their own prices for 93 octane petrol
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#AtlantisSEZ to create 1 200 jobs, R1.8bn investment in the pipeline | IOL Business ReportA total of 24 000 full-time equivalent jobs are also expected to be created in the Special Economy Zone's 20-year lifespan.
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