Showing posts with label May 27. Show all posts
Showing posts with label May 27. Show all posts

Friday, 27 May 2016

Barclays Africa looks to insurance to support growth

Barclays Africa Group expanding its insurance business through acquisitions to support growth, says deputy chief executive David Hodnett


R16.2bn allocated by government to incentives to promote manufacturing

Treasury director-general Lungisa Fungile says government alive to crisis faced by manufacturing sector and by steel sector specifically


Blow for SA’s banks as Moody’s lowers outlook to negative

SA’s difficult economic outlook ‘will strain borrowers’ repayment capacity, which will add to increased asset risks, Moody’s says


Mchunu rejects ANC re-deployment to parliament

BDlive understands from various party seniors that the former premier has rejected the MP offer, although the ANC has yet to respond to or comment on his decision


Education department vows to take action against ‘jobs for cash’ offenders

Report paints picture of ‘jobs for cash’ being common practice, and implicates largest teacher union Sadtu in holding basic education system hostage


ANC finalising list of councillor candidates

ANC national list committee begins difficult task of collating candidates for the 278 municipalities in the country, a process expected to take two days


Much gratitude expressed for Mandela’s donations to educational institutions

Late former president Nelson Mandela left R100‚000 bequests to educational institutions for scholarships and bursaries, which were presented on Friday


Trashback throws cold water on government’s plan to integrate waste pickers

The wastepreneurs travel up to 20km per day with a load of almost 40kg stacked on their trollies, and on a good day can earn up to R200


London Mayor Khan starts review of capital’s terror preparedness

Review will assess the ability of agencies and authorities to cope with ‘multiple simultaneous incidents’ in UK capital


State oil and gas pipelines sabotaged and blown up in Nigeria

Oil output in Nigeria has dropped to a 20-year low after repeated attacks by the NDA, a new group demanding more economic and political control of the Niger Delta


Thursday, 26 May 2016

Parliament approves land expropriation bill

Legislation will allow state to pay for land and seize it, ending willing-buyer, willing-seller approach to reform


US mavericks grab attention with possibility of Trump-Sanders debate

Democratic front runner Hillary Clinton would be left on the sidelines


JSE closes at best level for 2016, as rand firms against dollar

JSE closes at best 2016 level, boosted by higher commodity prices, while rand firms as dollar rally fades ahead of speech by Federal Reserve chair Janet Yellen


Meter taxi drivers question if Uber’s operations are legal

The Western Cape Meter Taxi council says the industry is concerned at not being able to compete against Uber as there are too many permits granted to Uber drivers


Pan African Resources to increase its stake in Shanduka Gold

Dual-listed Pan African Resources to make offer to Jadeite to purchase about 33.6% more of Shanduka Gold to help company retain its black empowerment partner


Without flushing toilets and land ownership, people will never be free, says Malema

Under watch of President Jacob Zuma, jobs have been lost, economy has declined and many still live in shacks, says Economic Freedom Fighters leader Julius Malema


Standard Bank on the case after Japanese criminals used bank cards for fraud

Standard Bank joint-CEO Ben Kruger says cards are prone to being used in fraud, especially if based only on magnetic strip technology, as is the case in Japan


Motivation within a growing business is a unique organisational challenge

To maintain enthusiasm one a business leaves the startup phase, leaders should regularly re-evaluate how they motivate staff


Wheat prices hit record high on news of huge rise in import duty

The tariff has climbed more than sevenfold since October 2014, driven by the drop in international wheat prices and by weakness in the rand


The Foschini Group posts impressive increase in full-year profit

Despite higher interest rates and sluggish consumer demand plaguing the retail sector, TFG grew turnover more than 30% in its financial year