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Tesco dives into red on accounting scandal
LONDON - Supermarket giant Tesco revealed on Wednesday that it fell into an annual net loss of 40 million due to a costly accounting scandal at Britain's biggest retailer... read
S&P downgrades four listed insurers
S&P downgrades four listed insurers
S&P Global Ratings' axe has now fallen on four listed insurers following its recent decision to cut the government's foreign-currency rating to non-investment grade... read
Naspers invests an additional R960m in Takealot
Naspers invests an additional R960m in Takealot
Takealot Online (Pty) Ltd today announced a R960m investment from Naspers, highlighting the media group's continued commitment to the online retailer and its confidence in the potential of South Africa's e-commerce sector... read
Agriculture
How SA's credit rating downgrade will affect SADC neighbours
How SA's credit rating downgrade will affect SADC neighbours
The downgrading of SA's credit rating will also have a regional impact. If the economy is to move into a recession, it will lead to a reduced demand for imports... read
Accounting & Auditing
MTN accountant arrested for allegedly stealing more than R20m
MTN accountant arrested for allegedly stealing more than R20m

Naledi Shange

An MTN financial accountant has been bust for allegedly stealing R24m from the company, the Gauteng Hawks said... read

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Banking
Jes Staley, CEO: Barclays
Barclays, its CEO probed over whistleblower programme
Barclays and its CEO Jes Staley are under investigation after he attempted to uncover the identity of a whistleblower within the British financial giant... read
Education & Training
SMME skills development workshop empowers rural women
SMME skills development workshop empowers rural women

Issued by Ithala Development Finance Corporation

The top 20 nominees in the “Imbokodo Iyazenzela” Women in SMMEs Awards 2016 were hosted at a business skills development workshop in Durban... read
A bit for now and a bit for education - Simple. Social. Schooling
A bit for now and a bit for education - Simple. Social. Schooling

Issued by ADDaBIT

Yolinda Koesnel is an educator and visionary in her small community of Rowallan Park, a previously disadvantaged area in Port Elizabeth. ADDaBIT had a chat to Yolinda about her school and her vision for impacting her community through creating a fund... read
SA students compete in KPMG International Case Competition
SA students compete in KPMG International Case Competition
A team of four top students from Witwatersrand (WITS) and University of Pretoria (UP) have headed to Lisbon to compete in the annual KPMG International Case Competition (KICC)... read
Financial Services
What junk status means for car owners
What junk status means for car owners
South Africa has been downgraded to junk status by Standard & Poor's and Fitch Ratings. The long-term effects of being downgraded will lead to higher interest rates... read
Markets & Investment
MSCI 2016 index shows industrial sector drives SA property returns
MSCI 2016 index shows industrial sector drives SA property returns
MSCI has released the IPD South Africa Annual Property Index for 2016... read
Taxation & Regulation
Oxford Business Group with Okechukwu E Enelamah, Nigeria's minister of industry and trade.
Nigeria announces tax breaks, export incentives to boost production
Nigeria and more than 100 other nations have signed a key trade facilitation agreement (TFA) with the World Trade Organisation... read
Business
Sama KZN to protest the sorry state of healthcare in the province
Sama KZN to protest the sorry state of healthcare in the province
To highlight the poor state of public healthcare in the province, the Sama KwaZulu-Natal coastal branch will embark on a protest march on 5 May... read
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clusterstock
@clusterstock
A hedge fund that told investors it can't lose money is reportedly under SEC investigation https://t.co/QsiY7a8zKD https://t.co/DOu1rHDF2b
WSJ
@WSJ
Bank investors, who haven't focused on consumer credit risks in recent years, should start paying attention https://t.co/IWY8JFetE3
WSJecon
@WSJecon
Five facts about U.S. trade with China https://t.co/P40gEcUgFY
MarketWatch
@MarketWatch
SEC reportedly investigating hedge fund that promised no losses https://t.co/1rkb5JZw0k
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