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Business leaders questioned the relevance of the National Economic Development and Labour Council at its 29th annual summit in Johannesburg on Friday.

Business questions relevance of Nedlac

The council must review how it will remain relevant in an economy characterised by artificial intelligence, digitalisation and hybrid ways of working, business partners say

Eskom chief executive Dan Marokane says coal is important for the country to drive industrialisation. (Getty Images)

It’s business vs business in fight over Eskom probe funding

Business Unity South Africa’s chief executive has accused the organisation’s president of throwing the lobby under the bus in a meeting with the president

Questioning state and corporate motives should be routine

Captains of industry may appear the benevolent saviours of a state in decline, but we ought to question their intentions

The Democratic Alliance insists that crucial state-owned enterprises such as Eskom should report to related ministries. (Waldo Swiegers/Bloomberg via Getty Images)

BLSA on Eskom investigation: ‘We don’t go out of our way to meddle”

BLSA on Eskom investigation: ‘We don’t go out of our way to meddle”

Not working: Residents of a Hillbrow building observe the country’s lockdown in March. (Photo by MARCO LONGARI/AFP via Getty Images)

Business isn’t bad – if you’re big

Large corporates have thrived during the pandemic to the detriment of the workforce

UIF queues: Experts say if joblessness continues to climb past 34.4% of the work force, the economy risks becoming unviable. (Delwyn Verasamy/M&G)

‘Explosive’ jobs crisis imperils South Africa

Experts’ strategies for fixing the unemployment crisis range from devaluing the rand to a universal income grant or accepting debt from loans

Mandatory vaccination involves, at a glance, the constitutional rights to bodily integrity, privacy, to protection against unfair discrimination and to freedom of thought, religion, conscience and opinion. (Win McNamee/Getty Images)

‘Exciting’ ramp-up for Covid jabs

As more vaccines arrive in the country, South Africa could administer 420 000 doses a day

Unions have previously called for higher earners’ salaries, such as those of ministers, to be cut. But the assessment has shown that increases in remuneration have been the fastest for employees on the lowest salary levels and slower for top earners.

Public wage bill is impeding SA’s growth prospects — Busa

Business Unity South Africa is eager to talk to its social partners at Nedlac about how the spiralling public-sector wage bill can be tamed. And the organisation says these talks…

December 8 2018: Paul David signs a Consulate Six poster at an In Conversation with Paul David tribute event held at the 1860 Heritage Centre in Johannesburg. (Photograph by Satish Dhupelia)

Paul David stared down political Goliaths

The lawyer, whose sense of justice stayed with him till his death, was an unassuming but essential part of South Africa’s ongoing struggle for equality – and he never forgot his…

Eskom will be freed from borrowing more money for its operational needs and capital requirements for the next five years because of the government’s debt relief package and the tariffs approved by the national energy regulator, Nersa. (Photo: Gustav Butlex)

Businesses should use alternative energy sources, industry bodies advise

Business associations are urging companies to continue seeking alternative energy sources in light of Eskom’s court judgement which would allow the utility to bump up electricity…

(Delwyn Verasamy/M&G)

South Africa’s Covid-19 economic stimulus plan — opportunity out of crisis

The president’s R500-billion economic package offers a new deal for desperate South Africans across the class divide

Moody’s rating agency

Moody’s axe likely to fall on ordinary South Africans

The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27

Business organisations and economists alike have welcomed Mboweni’s appointment. (Reuters)

Tito’s back in town

Mboweni, a former reserve bank governor and labour minister, was sworn in as finance minister on Tuesday

Business Unity South Africa chief executive Cas Coovadia

BASA says members willing to help out stressed parastatals

Banking Association of South Africa says its members are willing to help out SOEs such as Eskom and Transnet with "expertise and resources"

Minister Maite Nkoana-Mashabane of international relations and co-operation.

Land debate casts light on burning issue

Many agree that the failure to implement land reforms was the fault of the government rather than a weakness of the Constitution

Tshifhiwa Matodzi (left) Andile Ramavhunga. (Mduduzi Ndzingi/Sowetan/Gallo Images)

Bank failure rocks battling municipalities

The West Rand’s plight could be a harbinger of problems for municipalities invested in VBS being placed under curatorship

It is never the intention of Treasury for any bank to be liquidated, particularly a small black-owned bank— Cas Coovadia

Coovadia on VBS curatorship: SA cannot afford a bank collapse

The country cannot afford a a bank collapse while it is on the path of inclusive economic recovery

A file photograph of former president Nelson Mandela in 2006.

JSE shuts down for five minutes in honour of Mandela

The JSE has halted trade for five minutes as business leaders mourn Madiba’s passing and analysts dismiss SA-economy doomsayers.

Wake-up call for banking sector

It is generally accepted that South African banks are well capitalised in terms of the Basel III requirements, which have to be phased in from 2013.

ANC Youth League moots state bank

ANC Youth League moots state bank

African National Congress Youth League spokesperson Floyd Shivambu called for the creation of a state bank on Thursday.