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Gordhan questions timing of fraud charge

Gordhan questions timing of fraud charge

Finance Minister Pravin Gordhan has questioned why the Hawks have issued a summons just 15 days before he delivers his medium-term budget. Gordhan was responding to reports that the Hawks had served him with a summons on charges of fraud on Tuesday morning. “What is it about this country, and some in this country [politicians […]

Switchover to the new Business Day websi...

Switchover to the new Business Day website nears

We’ve got great news to share: we are just days away from switching over to our brand-new Business Day website. The new site has several advantages over the current BDlive website: – It has a modern, clean design and loads much faster. – It is responsive, which means that it automatically adjusts to your mobile […]

Take a look at Business Day’s sleek new

Take a look at Business Day’s sleek new website

We’ve got great news to share: we are just days away from switching over to our brand-new Business Day website. The new site has several advantages over the current BDlive website: – It has a modern, clean design and loads much faster. – It is responsive, which means that it automatically adjusts to your mobile […]

SA needs to be careful not to frighten a...

SA needs to be careful not to frighten away investors, Cyril Ramaphosa says

SINGAPORE — Deputy President Cyril Ramaphosa says a police probe into the finance minister that has undermined investor confidence in the country, should be conducted in a way that does not destabilise the economy. “No one is above the law,” Ramaphosa told reporters on Friday in Singapore at the end of his three-day visit to […]

Apartheid-era magistrate has the JSC in ...

Apartheid-era magistrate has the JSC in stitches

“THE law is the law,” senior counsel Bantubonke Tokota said to the Judicial Service Commission (JSC) on Friday, justifying his having been an apartheid-era magistrate. Tokota turned around what was set to be a tense line of questioning from commissioner Julius Malema — about the Marikana Commission of Inquiry’s report, which Tokota co-authored and his […]

Register for free and take a sneak peek ...

Register for free and take a sneak peek at our brand-new Business Day website

We’ve got great news to share: we are just days away from switching over to our brand-new Business Day website. The new site has several advantages over the current BDlive website: – It has a modern, clean design and loads much faster. – It is responsive, which means that it automatically adjusts to your mobile […]

Anderson eyes comeback in time for India

Anderson eyes comeback in time for India

ENGLAND seamer James Anderson is confident he will be fit to play some part in the team’s Test tour of India starting in November after sitting out October’s two-match series in Bangladesh with a shoulder injury. England’s most prolific wicket-taker in Tests sustained a stress fracture during the home series against Sri Lanka in June, […]

Bonds softer ahead of key US economic da...

Bonds softer ahead of key US economic data

SOUTH African bonds continued to trade weaker at midday on Wednesday amid global risk-off trade while global markets await US economic data later in the day. The US private-sector employment report for September is due for release on Wednesday, ahead of the important nonfarm payrolls statistics scheduled for release on Friday. US private sector employers […]

Banking families to bid for control of P...

Banking families to bid for control of Petrobras distribution

SAO PAULO/RIO DE JANEIRO — The Brazilian bankers that joined forces last decade to form Latin America’s largest lender were seeking to buy control of the country’s giant fuel distribution business from Petrobras, people with direct knowledge of the matter said. The Setubal and Vilella families’ Itausa Investimentos Itau and the Moreira Salles family’s Cambuhy […]

Froneman outlines path to a transformed ...

Froneman outlines path to a transformed and modern mining industry

IN A speech acknowledging the historical damage done by the mining industry to South African society, Chamber of Mines vice-president and Sibanye Gold CEO Neal Froneman outlined a plan to forge a new relationship to build a sustainable environment for mining. “We need to critically and honestly acknowledge the role of our industry where it […]