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PPS shows confidence levels rising
SA's graduate professionals felt more confident of the country's prospects in the first quarter of this year‚ according to the latest PPS Graduate Professionals Confidence Index released on Thursday (23 May). 24 May 2013 11:10
SAX says it might make money this year
[Nicky Smith] State-owned regional carrier South African Express (SAX), which has made headlines over the past two years because of its chaotic finances, expects to break even this year after losing R187m in 2010 - the last audited accounts the troubled airline has been able to publish. 21 May 2013 11:16
Stats SA holds out its begging bowl
Statistics SA (Stats SA) needs about R100m to ensure that SA's statistics keep abreast with international best practice, but it is in danger of slipping behind, because there are not enough funds for it to implement its updating programmes. 9 May 2013 10:30
Forget management, go for cadre deployment
Cadre deployment to parastatal boards is acceptable if the individuals concerned are skilled enough for the position, Public Enterprises Minister Malusi Gigaba said on Wednesday, 8 May. 9 May 2013 10:10
Transnet faces class action on pensions
Legal documents were served on Transnet and two of its funds on Wednesday (8 May) for a class action suit over pension funds, Geyser and Coetzee Attorneys said. 9 May 2013 09:44
Ministerial housing - evidence of collusion
[Linda Ensor] The investigation by public works of "prestige" projects such as the renovation of ministerial houses has been extended to Cape Town where about R100m was spent on renovating 11 ministerial houses‚ Public Works Minister Thulas Nxesi said on Tuesday (7 May). 9 May 2013 08:30
Directors, managers aware of inaccuracies
[Amanda Visser] The latest fraud survey by the international professional services group Ernst & Young shows that more than 42% of board directors and senior managers are aware of some type of irregular financial reporting in their companies. 8 May 2013 10:09
SARS gets new powers to enforce payment
[TJ Strydom] The SA Revenue Service (SARS) has been given new powers to gather intelligence on taxpayers and collect revenue, it was reported on Tuesday (7 May). 7 May 2013 12:58
Grant Thornton merges with PKF
[Evan Pickworth] Second-tier accounting firm Grant Thornton moved a step closer to its aim of being one of the major accounting firms on Monday (6 May) when it merged its Johannesburg office with the multidisciplinary professional services firm PKF. 7 May 2013 11:23
SA Express also wants a bail-out
[Linda Ensor] SA Express was finalising the framework for a state guarantee of R539m which was required to meet the requirements of its debt covenants with its funders‚ the regional airline's chairman Andile Mabizela told Parliament's public enterprises committee Tuesday (30 April). 3 May 2013 10:43
The importance of strong passwords
[Jeremy Matthews] Social networking sites are often the first point of contact between users and companies, and special care should be taken to strengthen the security of social media accounts. 3 May 2013 05:04
Redefine anticipates future growth
[Nick Hedley] Redefine Properties International‚ the holding company of London-listed Redefine International plc‚ could now look forward to growth after a period focused on debt restructuring‚ according to Redefine International's chief executive Mike Watters. 30 Apr 2013 07:33
Seardel earnings weak for the year
Seardel Investment Corporation that it expects its headline earnings for the year to March to be between two cents and six cents are share. This is a sharp drop from the 20,86c a share in headline earnings a year ago. 30 Apr 2013 07:07
SA Express lost R187m in 2011
[Linda Ensor] State-run SA Express suffered a R187m after-tax loss in 2010-11‚ twice as much as the previous year according to its annual report tabled in Parliament last week after a delay of about 18 months caused by the airline's efforts to sort out its accounts. 29 Apr 2013 12:22

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