Large new labour federation will be apolitical, Zwelinzima Vavi says

The proposed new federation will incorporate almost 60 break-away Cosatu and independent unions, the former Cosatu general secretary says

Swiss prosecutors investigate soccer great Franz Beckenbauer

German soccer star, now 70, is suspected of money laundering and breach of trust in connection with awarding of 2006 World Cup to Germany

MTN seeks to raise billions through IPO

IPO is part of deal struck with Nigerian government to pay massive penalty for missing deadline to disconnect unregistered subscribers

S&P more positive about SA miners

Reasons for S&P’s brighter view of outlook on credit ratings of big miners included the raising of its forecast prices of most commodities for next two years

Danish bank becomes second money manager to stop lending to Eskom

Jyske Bank’s moves follows Futuregrowth’s decision as investors become increasingly concerned about parastatal governance and government infighting

Statistics not likely to reflect improvement in fight against crime

Issues in SAPS which require urgent resolution are lack of resources, poorly trained personnel, staff attrition and shortage of specialised equipment

National Empowerment Fund’s net loss more than doubled last year

Deterioration in impairments and write-offs at NEF is attributed to contracting economy which has hit small and medium enterprises particularly hard

Talks with stakeholders on Sentech’s cash crunch over digital migration go on

State-owned Sentech needs funding during the dual illumination period, when digital broadcasting co-exists with analogue before the switch off of the latter

EDITOR’S LUNCHBOX: Is the DA in Cape Town ANC-ing itself?

EFF accuses ANC Mogale City councillor Peace Mabe of fraud, and where in the world is Robert Mugabe?

Reappointing Dudu Myeni would all but seal a ratings downgrade for SA, DA says

It has been reported that Myeni’s retention at the helm of SAA might emerge as a compromise between Pravin Gordhan and President Jacob Zuma

Western Cape ANC manifesto launch postponed

ANC in Western Cape postpones provincial election manifesto launch because of unhappiness among branches over candidate lists for municipal elections

Net1 wants clarity on rules governing insurance deductions on social grants

In May, the social development minister banned funeral deductions on children’s grants and restricted deductions on other types of grants to just one per grant

Lawyer says no evidence exists that Phiyega tried to thwart the Marikana inquiry

William Mokhari‚ the suspended police commissioner’s lawyer, says Riah Phiyega’s ‘serious error of judgment’ at Marikana could not be elevated to ‘misconduct’

Fifa says three top officials enriched themselves with salary increases

Fifa says internal investigation reveals former president Sepp Blatter and two other leading officials received $80m in compensation over five years

Sour US employment report casts doubts on Fed rate hike

US economy creates fewest number of jobs in over five years in May, pointing to labour market weakness that could make it difficult for Federal Reserve to raise rates

Zwane rebukes banks for ‘telling the government how to run the country’

Mineral Resources Minister Mosebenzi Zwane says talks with banks over the closing of Gupta-associated bank accounts will continue until ‘we find each other’

Meter taxi drivers force passengers in Cape Town out of Uber cars

The taxi drivers have also closed the road to Cape Town International Airport, where a group of men was seen attempting to lift an Uber car

Joemat-Pettersson misses third deadline to file papers in nuclear case

Energy Minister Tina Joemat-Pettersson misses third deadline to file papers to oppose bid to have proposed nuclear energy procurement declared unconstitutional