Category: BUSINESS
Finance Committee welcomes new PIC board chair – SABC News
The Standing Committee on Finance has welcomed the appointment of the Deputy Minister in the Presidency responsible for Planning, Monitoring and Evaluation, Seiso Mohai as the new board chairperson of
Read MoreUse of AI by SARS does impact on taxpayers’ rights: Institute – SABC News
The South African Institute of Taxation says the use of artificial intelligence (AI) by the South African Revenue Services (SARS) does have an impact on taxpayers’ rights. Head of tax
Read MoreAdidas shares plunge record 19% as World Cup bump falls short – SABC News
Adidas investors punished the German sportswear maker’s profit miss on Thursday, dragging its shares down a record 19% despite the company lifting its annual sales outlook on demand for its
Read MoreFed holds rates steady; three policymakers dissent in favor of a hike – SABC News
The widely expected decision to leave the benchmark interest rate in the 3.50%-3.75% range drew dissents from three of the 12 members of the policy-setting Federal Open Market Committee who “preferred” a
Read MoreDollar eases as markets await Fed decision – SABC News
The US dollar slipped but remained near a one-month high on Tuesday, as traders weighed the prospect of a Federal Reserve interest-rate hike this week, even as falling oil prices
Read MoreJudgment in suspended PIC CEO’s reinstatement case reserved
Judgment has been reserved in suspended Public Investment Corporation (PIC) CEO, Patrick Dlamini‘s case to be reinstated. The case was heard by Judge Mandla Mbongwe in the Gauteng High Court
Read MoreDepartment says 33 mine fatalities recorded for 2026 – SABC News
The Department of Mineral and Petroleum Resources says it has recorded 33 mine fatalities in 2026 so far. It says Impala Platinum (Implats) contributed over a third of those fatalities.
Read MoreLesufi unveils skills council to tackle unemployment
Gauteng Premier Panyaza Lesufi has officially launched the Gauteng Human Resource Development Council. Lesufi says it will help build a skilled workforce, drive economic growth and create more employment opportunities
Read MoreSanral CEO denies allegations of influencing tenders
The South African National Roads Agency (Sanral) Chief Executive Officer (CEO) Reginald Demana has dismissed allegations linking him to the awarding of multi-billion-rand tenders, including claims involving a contract worth
Read MoreSADC summit focuses on pharma quality control – SABC News
Government leaders, policymakers, business representatives and industry stakeholders from across Southern Africa have gathered at the Durban International Convention Centre for the 9th SADC Industrialisation Week. The five-day summit is
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