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#Newsmaker: Justine Cullinan wins Veuve Clicquot Elle Boss Corporate Award

5FM's station manager Justine Cullinan won the Corporate Award at the Veuve Clicquot Elle Boss Awards on Thursday, 9 November. It was just her and overall winner Amanda Dambuza, founder and director of consulting company Uyandiswa, who took home awards on the night...

By Jessica Tennant 2 days ago

Corruption watchdog finds more than 20 banks handled money for Gupta companies in Transnet deal

More than 20 banks sent or received money to Gupta-linked companies, an investigation by the Organised Crime and Corruption Reporting Project (OCCRP) found...

2 days ago

Strengthening of trade, investment ties at Africa ASEAN Business Expo

A delegation from South Africa's Black Business Council recently held talks in Johannesburg with business leaders from Singapore and Malaysia on potential investment...

3 days ago

Ruling on special tax provision spells good news for franchise operators

In a recent landmark case, the Tax Court upheld that a very special, and mostly under-utilised tax deduction allowed by section 24C of the Income Tax Act, No. 58 of 1962, may be applied to franchisee costs...

By Natasha Wilkinson 3 days ago

No sign of probe KPMG promised

KPMG is scrambling to justify why there is no progress on setting up an independent investigation into work it did for the controversial Gupta family...

3 days ago

Mastercard-Spazapp collaboration brings cashless payments to informal retailers

Mastercard is collaborating with Durban-based tech company Spazapp, to bring secure and convenient mobile payments to thousands of informal traders...

15 Nov 2017

The downside of the digital era: Poor lifestyle and stress induced diseases

The so-called fourth industrial has reshaped the way we work and live, but the digital era is also taking a toll on our health...

15 Nov 2017

NHI could mean uncomfortable trade-offs, Davis Tax Committee warns

The government's current proposals for National Health Insurance (NHI) are unlikely to be sustainable unless there is sustained economic growth...

By Tamar Kahn 15 Nov 2017

Fears Sachs's resignation could spark exodus of Treasury officials

FEARS are rising that National Treasury deputy director-general Michael Sachs' resignation will prompt other respected officials to quit...

15 Nov 2017

Oil and gas tax needs tweaks, not overhaul, says Davis Tax Committee

No major changes to the existing fiscal regime for the oil and gas industry have been proposed by the Davis Tax Committee...

By Linda Ensor 15 Nov 2017

Proposed mining financial provisioning regs will overhaul the NEMA

The Proposed Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations were published for comment last week.

By Garyn Rapson and Kirsty Kilner 15 Nov 2017

Township and rural economies to change the development narrative

The face of township and rural economies where unemployment, poverty and inequality are still rampant is fast changing, thanks to a successful public-private partnership which recognises the potential for emerging enterprises to contribute towards job creation and the mainstream economy.

Issued by Ithala Development Finance Corporation 15 Nov 2017

Bitcoin - silver bullet or big bubble?

Before I say anything else, let me first say this: I do not know where the price of Bitcoin is going...

By Jacques Plaut 14 Nov 2017

Pan African Re/Insurance Journalism Awards 2018 launches

Continental Reinsurance invites entries for its third Pan African Re/Insurance Journalism Awards 2018...

14 Nov 2017

Green finance? Why global banks are pledging billions to fight climate change

Banking giant HSBC has pledged $100bn (£76bn) to "fight climate change", to be spent on sustainable finance and investment over the next eight years...

By Simon Wilde 14 Nov 2017

Davis commission calls for mining sector's upfront capex tax to be scrapped

The Davis Tax Committee has recommended that the special tax regime for the mining sector be abolished...

By Linda Ensor 14 Nov 2017

SA needs a tax bill of rights to govern how Sars treats taxpayers

The Davis Tax Committee has recommended SA adopt a taxpayer bill of rights...

By Linda Ensor 13 Nov 2017

Strange bedfellows. Banks and start ups need to collaborate

New customer preferences threaten the traditional business models of financial services companies and large banks...

By Peter Alkema 13 Nov 2017

#AgriIndaba: Acumen and instinct in African agribusiness

Acumen's first agricultural investments were focused on solutions that improved yields by providing quality inputs to the farmers. In the light of new challenges facing small farmers, it has evolved its strategy...

13 Nov 2017

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How fintech is breaking down barriers in the EU

When thinking about financial technologies, it is natural to assume the term stands for recent developments. Fintech, however, is not a newcomer, but has been a column of the financial industry for the past 60 years or so.

By Boris Dzhingarov, Issued by Monetary Library 15 Nov 2017

WeChat Pay arrives in Paris department stores

PARIS - Chinese tourists visiting Paris are now able to pay for their purchases in two of the city's famous department stores with their smartphones, thanks the adoption of the payment app of the popular Chinese social media network, WeChat.

9 Nov 2017

Redefine Properties to buy 25% stake in another Polish retail portfolio

Redefine Properties, the second largest SA-based property group, is due to expand its offshore property platform with another foray into Eastern Europe. It will acquire a 25% stake in a €1bn retail portfolio of 28 well-established assets in Poland.

By Alistair Anderson 7 Nov 2017

Equities acquires Coventry property

Equites Property Fund, the high-end industrial property owner, has strengthened its UK portfolio with a deal worth nearly R700m. The group has bought a 19,909m² cross docking distribution centre in Coventry, England, for £41m. This means Equites now owns four distribution centres in the UK worth about £104m.

By Alistair Anderson 19 Oct 2017

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