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Saturday, September 21, 2019

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Tag: money

ABSA respond to claims they gave R10 million to Cyril Ramaphosa

Right now, Ramaphosa Leaks is the political scandal that has the nation on tenterhooks. A slew of emails and bank statements – made public in a fashion the presidency has labelled “illegal” –...

Eskom’s millionaire managers demand more money, crying ‘it’s unfair’

This comes days after Eskom announced a more than R20 billion net loss in the last financial year. Eskom has confirmed it has been taken to the Commission for Conciliation, Mediation and...

Regulators walk the ‘mobile money’ line

African telecom authorities must walk a fine line when it comes to regulating the move of mobile operators into financial services. They want to encourage this shift, but they also don’t...

‘SAA must be placed under business rescue to protect taxpayer money’

An application for the business rescue of South African Airways will be brought by Solidarity, as part of a tax protest campaign it is launching. This protest includes at least six legal...

Treasury proposes additional R59bn for Eskom

Finance Minister Tito Mboweni has proposed additional funding support of R59 billion over the next two financial years to help the embattled power utility meet its financial obligations. The Minister said this...

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Underwater restaurant in Thailand stakes claim to largest in the world

Thailand is now home to what’s being called the world’s largest underwater restaurant, where diners are surrounded by 25,000 sea creatures. Luxury shopping destination Central...

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