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BUSINESS REFLECTION: After the Bell: The triumphs and shortcomings of the Foreign Corrupt Practices ActThe Foreign Corrupt Practices Act is a money-raiser for the American taxpayer, not for the victims of overseas crimes. It does impose an obligation on the company to change its ways, but it doesn’t require the company to clean up its poop in the place it was unceremoniously deposited.
Source: dailymaverick - 🏆 3. / 84 Read more »
Tongaat creditors approve business rescue plan for property development arm | BusinessCreditors of embattled sugar producer Tongaat Hulett on Tuesday almost unanimously voted in favour of the rescue plan for the company's property arm, which is to be wound down. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
SARS corruption: After 9 years, a reckoning for US consultancy Gartner | BusinessA decade after it subcontracted work to a politically connected company, US consultancy firm Gartner has been fined around R50 million for a 'corrupt arrangement' linked to the SA Revenue Service. | JanTamb News24_Business
Source: News24 - 🏆 4. / 80 Read more »
BREAKING | New Russia-SA concerns push rand to record low | BusinessBREAKING | Traders have been unnerved by SA's decision to grant diplomatic immunity to attendees of the BRICS summit. News24_Business
Source: News24 - 🏆 4. / 80 Read more »
Pepkor profits hit by poor summer fashion mix, cash-strapped consumers | BusinessPEP and Ackermans-owner Pepkor reported a double-digit fall in earnings as cash-strapped South Africans focused on buying essentials and held back on discretionary items such as clothing. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
Eskom to post record R21.2 billion loss for the last year | BusinessEskom made a whopping R21.2 billion loss over the past financial year, its largest ever, unaudited results disclosed by the National Treasury in Parliament showed. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »