SARS Commissioner Oupa Magashula Resigns Following Misconduct Charges

South African Revenue Service (SARS) Commissioner Oupa Magashula has resigned following an investigation which revealed that he put the reputation of SARS at risk by offering a high-paying job to a Chartered Accountant (CA) without following the right procedure, finance Minister Pravin Gordhan announced in a media statement on Friday. The process of hiring new staff involves advertising a position, interviewing and selecting the best applicant. According to reports, in 2010, ... Read more »
by Staff Writer | Published 13 years ago

By Nicolette Chinomona On Friday, July 12th, 2013

Corruption Becoming a Cultural Problem in South Africa

Corruption is always in the news, in fact it has become so common, that it is no longer surprising. It no longer shocks the sense, at least not for ordinary South Africans and the country is fast approaching a ... Read more »
By Nicolette Chinomona On Friday, July 12th, 2013

Malema’s Red Berets Might Turn Away Investors

It seems the revolutionary is back with a bang and with red berets, his proudly embroidered with “Commander in chief EFF.” The nation was stunned when Julius Malema was expelled from the ANC in 2012, an out... Read more »
By Ntokozo Sindane On Monday, July 8th, 2013

Eskom Confirms Construction at Medupi Will Be Delayed For Six Months

Construction at the Medupi power plant may not be completed until the latter half of 2014. Eskom held a news conference at which executive Brian Dames confirmed an expected delay of six months. Eskom and the st... Read more »
By Nicolette Chinomona On Sunday, July 7th, 2013

Chicken wants Protection versus Innovation

The clucking in the agricultural sector has recently upped the ante on the issue of tariffs. Just last month The Association of Meat Importers and Exporters filed a court petition to have some light shed on wha... Read more »
By Ntokozo Sindane On Sunday, July 7th, 2013

Telkom Told to Anticipate Strike Action

Telecommunications giant Telkom has been told to expect strike action if it does not “come to the party” during upcoming wage negotiations. In March, the previous wage deal expired and Telkom met with the t... Read more »
By Nicolette Chinomona On Thursday, July 4th, 2013

Business Confidence Falls in South Africa

Yesterday the Business Confidence Index (BCI) for June 2013 was released by the South African Chamber of Commerce and Industry, the results were discouraging, showing a drop from May’s 90.4, to June’s 90.2,... Read more »
By Nicolette Chinomona On Tuesday, July 2nd, 2013

China’s Economic Links with South Africa Strengthen at SAITEX

The 20th Southern African International Trade Exhibition (SAITEX) wrapping up today and with all the participants going home with their wares and fares, a closer look at the partnership between the exhibition a... Read more »
By Nicolette Chinomona On Monday, July 1st, 2013

Fostering Entrepreneurship in South Africa: Funding, Competition and Mentorship

Last week, at a graduation ceremony at the African Leadership Academy in Johannesburg, Planning Minister Trevor Manuel said promoting an entrepreneurial spirit among young Africans will cut youth unemployment.... Read more »
By Nicolette Chinomona On Sunday, June 30th, 2013

It could be too late for Obama to woo Africa from China

On Friday the American Presidential carrier, Air Force One, touched down in South Africa, bringing with it President Barack Obama and family, for a landmark visit. There has been the usual pomp and ceremony tha... Read more »