Mail & Guardian
Mail & Guardian
pwclatest news & developments
From Doringbaai to Port Nolloth, West Coast communities are pushing back against mining and offshore oil and gas expansion.  (Liezl Human/Groundup)

‘No one asked us’: West Coast fishers oppose offshore oil and gas development

From Doringbaai to Port Nolloth, West Coast communities are pushing back against mining and offshore oil and gas expansion. Residents, activists and fishers say consultation…

Copper has been identified as the main driver of mergers and acquisitions (M&A) activity in South Africa’s mining sector. Photo: Getty Images

Copper driving mergers and acquisitions in SA mining sector, report finds

The PwC report said the global pursuit of a just energy transition and the need for consolidation were reshaping the landscape of the local industry

Advocate Shamila Batohi addresses the Private Sector Symposium against Gender-Based Violence and Femicide. File photo

PSC launched to combat workplace GBVH 

The Private Sector Coalition brings SA businesses together to fight the scourge of gender-based violence and harassment

Blinkered: The big screen industry is still recovering from Covid. Ster-Kinekor went into business rescue in January 2021 until November 2022. Photo: Sourced

Ster-Kinekor suffers blockbuster blues

But the cinema group’s chief executive insists that the show will go on as load-shedding abates

Renewables alone cannot sustain SA’s energy needs – PwC report

South Africa and other African countries should accelerate their vast renewable energy potential to meet energy demands

Coming clean: In a bid to lower its carbon footprint, Anglo American this year is using the world’s biggest green-hydrogen powered nuGen truck at the Mogalakwena mine in Limpopo, owned by Anglo American subsidiary Anglo American Platinum.

Calls for South Africa’s ‘green’ hydrogen projects to get going

Industry players have said the country could lose out on investments

About 50% of South African businesses included cyber incidents as a top risk. This was in line with the previous year’s rankings and global trends. (Photo by Arne Dedert/picture alliance via Getty Images)

What businesses and chief executives are most afraid of in 2023

Two reports reveal what bosses and businesses worldwide are most concerned about. In South Africa, Eskom and cyber risks are big concerns

(Getty Images)

GDP contracts as SA’s sluggish economy embarks on a go-slow

Global dynamics and South Africa’s energy crisis will weigh on domestic growth for years to come. But green investment could, eventually, resuscitate the economy

The JSE found Ben la Grange failed to fulfil his duties ‘with the necessary due care and skill’. Photographer: Dwayne Senior/Bloomberg via Getty Images

Former Steinhoff CFO fined, banned from directing a listed company for the next decade

The JSE found Ben la Grange failed to fulfil his duties ‘with the necessary due care and skill’

Annual consumer inflation was unchanged at 3.2% in February at 3.2%, with increases registered in housing and utilities, food and alcoholic beverages and restaurants and accommodation offset by decreases in the services sector, Statistics South Africa said on Wednesday.
 (Guillem Sartorio/Bloomberg via Getty Images)

Relief: Government must guard SA’s poor against inflation’s assault

It could prove difficult for government to loosen its grip on the public purse, but economists say the current extraordinary circumstances require intervention

Photo: Laird Forbes/Gallo Images

Unemployment rate retreats to 34.5%

But forecasters are expecting the jobless rate to stay elevated, as load-shedding and inflation take their toll

High food and fuel prices have prompted trade unions to make bigger wage demands, which will exert upward pressure on longer-term inflation.(Photo by EMMANUEL CROSET/AFP via Getty Images)

Explainer: Why wage talks are inflation’s next battlefront

High food and fuel prices have prompted trade unions to make bigger wage demands, which will exert upward pressure on longer-term inflation

The tax puts a price on releasing greenhouse gases from fuel combustion and industrial processes. (Samantha Reinders)

South Africa forges ahead with domestic carbon offset programme

Industries can take advantage of carbon tax allowances if they finance projects mitigation projects

On 5 December 2017, Markus Jooste (right) suddenly resigned as Steinhoff chief executive amid an investigation into accounting irregularities at the firm.  (Photo by RODGER BOSCH / AFP)

‘Steinhoff cannot cherry pick the PwC report for the public’

The retail firm has not established why the contents of the 3 000-page report is privileged, counsel argued. And even if it had, the report’s release is ‘in the public’s interest’

Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track. (Waldo Swiegers/Bloomberg via Getty Images)

2022: A return to normality or more economic uncertainty?

Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track

Country duty: Entrepreneur Theo Baloyi worked for PwC before striking it out on his own and founding Bathu sneakers. As well as capitalising on his love for sneakers, he also started the brand to help to address unemployment in South Africa.

Q&A Sessions: ‘I am a product of opportunities’ — Theo Baloyi

Theo Baloyi, motivated by his love for sneakers and his goal of reducing unemployment, founded Bathu in 2015. He shares his transition from corporate employee to entrepreneur

Unemployment epidemic: These men, gathered together to wait for the possibility of a piece job, are some of the 34.9% of South Africans who are without work, the highest figure among 82 countries monitored by business news agency Bloomberg.  (Delwyn Verasamy/M&G)

South Africa’s recovery lags behind emerging market peers Mexico, India

The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers

The PwC report, which tracked executive director remuneration trends in 285 companies, found that there were only 81 women executives among the 725 people whose pay was analysed. (Oupa Nkosi)

In South Africa, only 5% of chief executives are women

Only 5% of chief executives are women and the gender pay gap is most pronounced in the top JSE-listed companies, according to a PricewaterhouseCoopers (PwC) report released on…

Struggles: Many South Africans sought relief from the Unemployment Insurance Fund at the start of the Covid-19 pandemic. Jobs are now increasing but not fast enough. (Delwyn Verasamy/M&G)

Economy’s signs of life mean little for the poor

GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed

‘Temporary suffering’: Bernard Mostert has cofounded a new footwear company but is determined to have his day in court to try to obtain Steinhoff’s liquidation. (Chris Leggatt)

Tekkie Town’s Steinhoff fight: ‘We will get our business back’

Bernard Mostert on the ordeal of losing a business he helped build and the fight to get it back