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World’s biggest jewelry maker will no longer use mined diamonds

9 May 2021  / Christian Wienberg, Bloomberg
The company is set to release its first collection using lab-made stones in the UK, and will turn to other markets in 2022.

10 sustainability terms every investor should understand

8 May 2021  / Ebeth Van Heerden
Our commitment to responsible investing is growing and we would all do well to brush up on our sustainability jargon.

How Covid-19 is likely to slow down a decade of youth development in Africa

8 May 2021  / Wim Naudé
There are fears that the pandemic will result in a lockdown generation, characterised by structurally higher youth poverty and unemployment.

Indwe’s R11m stadium unfinished and abandoned

8 May 2021  / Yonela Ngqukuvana
Municipality says the construction company has refused to return to work.

Quarantine boredom drives demand for renting microwaves, big tvs

8 May 2021  / Kyunghee Park, Bloomberg
A look at another way the pandemic has changed the world.
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Common money saving mistakes and how to avoid them

8 May 2021  / Nelisiwe Mbara
Start with having a budget.

Borrowing from your retirement fund: What you need to know

7 May 2021  / Boitumelo Ntsoko
The current economic climate has led some people to consider dipping into their retirement funds to access capital. But what exactly can you use these funds for, and what percentage of your savings can you access? Devon Card, a certified financial planner at Crue Invest, provides clarity on this.

How Cyril Ramaphosa won ANC power play

7 May 2021  / Mike Cohen and S'thembile Cele, Bloomberg
It was a showdown more than three years in the making.

ANC swallows itself by the tail as a way of getting rid of parasitic corruption

7 May 2021  / Mamokgethi Molopyane
Rebellious behaviour has always been a feature of what is now an ailing party that lacks the capacity to contain the ambitions of dangerous men and women.

FSCA apologises to Ovex, says company does not require a financial services licence

UPDATE
7 May 2021  / Suren Naidoo
‘As its business activities fall outside the current jurisdiction’ of the financial regulator.

Construction starts on Richards Bay titanium dioxide plant’s R200m first phase

7 May 2021  / Suren Naidoo
Cairo-based Afreximbank is backing the project with initial funding of $2m (around R28.5m) as is the Department of Trade and Industry.

Economic recovery: Low rates are playing a starring role

7 May 2021  / Mike Schüssler
But only recently. They take time to have an effect, and they need to stay low for a long time.

Simon’s weekly wrap: Highlights from the past year and Aspen on the up

7 May 2021  / Simon Brown
This week MoneywebNOW looked at office rental space, commodity stocks, MTN and more.

Opposition to government spending cuts coming from within too

7 May 2021  / Thando Maeko
Making it difficult to implement reforms.

Karooooo delivers full-year results with revenue up 18%

7 May 2021  / Simon Brown
‘Vehicle recovery is still an important part of our business. ... [But] today it's all about the data and what we do with the data’: CEO Zak Calisto.

Argent on the up

7 May 2021  / Larry Claasen
Move offshore pays off. Steel beneficiation group is a near 70% rand hedge.

[UPDATE] FSCA issues and withdraws warning on Ovex crypto exchange

UPDATE
6 May 2021  / Ciaran Ryan
All in the space of hours.

Sappi share price drops after reporting R570m HY loss

6 May 2021  / Nompu Siziba
Q2 results. A major headache has been the scarcity of shipping space and containers, increasing overall costs as well as delays in delivery of product: CEO Steve Binnie.

Eskom isn't generating enough electricity right now

6 May 2021  / Moneyweb
It fell short during the peak on Monday and Tuesday. Here’s how it was able to keep the lights on.

Outa thwarted again in attempt to obtain toll road information from Sanral

6 May 2021  / Roy Cokayne
'The last-minute decision to oppose our PAIA application is nothing but a refusal to be transparent' – Outa.

Nelson Mandela Bay Business Chamber wants state funding for water crisis

6 May 2021  / Moneyweb
Says drought-stricken metro must be declared a disaster area.

Vaal residents plagued by persistent power cuts

6 May 2021  / Palesa Mofokeng
Suffer the consequences of inadequate maintenance by their local municipality.

MTN up 11.5%; commodities ‘skyrocketing’

6 May 2021  / Simon Brown
‘I still really like [MTN], am happy to hold it and definitely prefer it over Vodacom’: Anchor Capital portfolio manager Martin Smith.

The departure of the two Brians

6 May 2021  / Ann Crotty
Brian Gilbertson and Brian Joffe – two men with significantly different styles who have both made major contributions to business.

M&R: Order book could grow to R80bn

6 May 2021  / Roy Cokayne
But only one of the huge contract awards has been announced.

‘Corruption crackdown by ANC boosts election prospects’

6 May 2021  / S'thembile Cele and Paul Vecchiatto, Bloomberg
The ANC Wednesday suspended Ace Magashule, a top official who’s facing charges including money laundering and fraud.

Ramaphosa tightens hold on ANC with suspension of Magashule

5 May 2021  / Bloomberg News
Suspension to be reviewed every six months.

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READER'S SAY

  This author misses an important point. The cause of the malaise the global economy continues to experience is the fact that we use debt as money. One cannot fix the broken economy without addressing this fact. Every currency unit, (e.g. dollar, rand, pound), is borrowed into existence. Its...  

  19

  Willing to bet they have been paid in advance with a little "sharing" haven taken place ?...  

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