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Mail & Guardian
Thando Maeko

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Thando Maeko

Thando Maeko is an Adamela Trust business reporter at the Mail & Guardian

‘Cabal’: Former IRBA chief executive Bernard Agulhas has been accused of trying to oust his replacement, Jenitha John

Dossier fuels fight for auditor watchdog’s top seat

A whistleblower says the former boss of the auditing regulatory body is behind a campaign to have its new chief executive sent packing

Former president Jacob Zuma. (Delwyn Verasamy/M&G)

Zuma: Don’t bully me

The former president has, through his lawyers, told the Zondo commission to not ‘bully’ him into appearing before the inquiry

Trade, Industry and Competition minister Ebrahim Patel.

Patel: South Africa on target to attract R1.2-trillion in investments

The trade minister says the country is on track to reach more than R1-trillion worth of investments over five years, despite Covid-19 disruptions

Cheating on your funds costs you behaviour tax

Short-term financial decisions fuelled by fear and greed run contrary to long-term investment goals

Welcome back: Ground crew wave flags as an Emirates flight from Dubai lands. It was one of the first international commercial flights to arrive in South Africa when borders reopened on 1 October after a more than six-month shutdown. Photo: Rodger Bosch/AFP

Covid-19 causes Acsa to dust off its begging bowl

The SOE has asked the government for R3.5-billion in extra support over the next three years to offset losses incurred because of the pandemic

Former Steinhoff CEO Markus Jooste. (David Harrison/M&G)

Financial conduct body slaps Jooste with R162-million fine

The former Steinhoff chief executive and three others have been fined by the FSCA for insider trading in the days leading up to the company’s 2017 share price crash

Walking the tightrope: Finance Minister Tito Mboweni makes tough budgetary decisions. (Dwayne Senior/Bloomberg via Getty Images)

State’s wage freeze sparks apoplexy

Public sector unions have cried foul over the government’s plan to freeze wages for three years and have vowed to fight back.

Finance Minister Tito Mboweni said the SAA bailout would be financed by reducing the funds allocated to national departments and their entities as well as slashing provincial and local government conditional grants. (David Harrison/M&G)

SAA to receive R10.5-billion government bailout after all

Several struggling state-owned entities received extra funds after the medium term budget policy speech

Finance Minister Tito Mboweni.

Tax, wage bill, debt, pandemic: Mboweni’s tightrope budget policy statement

The finance minister has to close the jaws of the hippo and he’s likely to do this by tightening the country’s belt, again.

The financially embattled SAA pulled a no-show on Tuesday, failing to attend a meeting with parliament’s standing committee of public accounts.
(Delwyn Verasamy)

SAA in talks to recoup R350-million in blocked funds from Zimbabwe

The cash-strapped national carrier is in the process of recouping its blocked funds from Zimbabwe, which could go towards financing the airline’s business rescue plan

Detection: Quinton Sofianos used the rapid testing kit and the results showed he had  one of the Covid-19 antibodies. (Delwyn Verasamy/M&G)

Covid antibody tests come to SA

It takes only 15 minutes to get the results, and data can be used to assess the spread of the virus

The Supreme Court of Appeal (SCA) on Thursday overturned a much-criticised high court ruling in the early days of South Africa’s Covid-19 lockdown that struck down most of the restrictions imposed by the state as unconstitutional.
(Delwyn Verasamy/M&G)

Fix economy: Cut, build, tax

Expert panel presents a range of solutions to the economic crisis that include cost cutting, infrastructure spending and a solidarity levy

Finance Minister Tito Mboweni. (Waldo Swiegers/Bloomberg via Getty Images)

Too broke for Mboweni to budget

The scramble to find cash for an SAA bailout, Covid-19 grants and civil servants’ demands force postponement of mini-budget

(Paul Botes/M&G)

Covid-19 puts Eskom’s integrated resource plan at risk

The economic effects of the pandemic could hamper the government’s initiative to procure new generation capacity

Enabling: Amendments to the Pension Fund Act proposed by Dion George would give members another option of how to manage their finances in times of crisis. The Act allows the use of savings, but only for immovable property. Photo: ER Lombard/Gallo Images

Beware the pension fund loan proposal

Industry professionals warn that, although well intentioned, the Bill to enable fund holders to get some of their savings before retiring can do harm

Hope: The plan to cut jobs was made in June. Now, with increased demand for steel, the company will restart a blast furnace in January. Unions argue that this will reduce job cuts. Photo: Waldo Swiegers/Bloomberg/Getty Images

ArcelorMittal plans to retrench 2 500 workers

Africa’s largest steel producer announced in June it would begin the section 189 process after its initial cost-cutting measures were inadequate to insulate it from a weak…

SA Express employees beat out 16 other interested parties to buy a stake in the troubled state-owned airline.

Workers get their slice of SA Express

Proposals for how to carve up ownership of the airline could mean that the government will no longer hog the whole pie

The wind farm out near the town of Darling on the West Coast. (David Harrison/M&G)

Renewables will light up the darkness

More than 11 800MW of new electricity capacity from independent power producers will come online in 2022, giving Eskom space to do more maintenance on its unreliable infrastructure

Lesetja Kganyago, governor of the Reserve Bank. (Simon Dawson/Bloomberg/Getty Images)

Further Reserve Bank repo rate cut unlikely this year

The central bank estimates that gross domestic product (GDP) to contract by 8.2% in 2020

SA Express employees beat out 16 other interested parties to buy a stake in the troubled state-owned airline.

SA Express employees in R250m crowdfunding bid to buy their airline

Amid the overnight, worldwide crash of the air travel industry, a group of retrenched SA Express employees have an ambitious plan to raise R250-million in seed funding to buy the…