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MTN to defend views on data prices if referred to competition tribunal - CEO

MTN to defend views on data prices if referred to competition tribunal - CEO

Nqobile Dludla, Reuters /
12 December 2019
MTN says the CompCom's comparison of data prices across Africa are 'uninformative'.
SAA debacle puts spotlight on directors’ role

SAA debacle puts spotlight on directors’ role

Maleka Femida Cassim /
12 December 2019
  12
According to the Companies Act, the ultimate responsibility for ensuring a company's solvent falls on the directors.
Saudi Aramco shares briefly hit $2trn before easing

Saudi Aramco shares briefly hit $2trn before easing

Davide Barbuscia, Reuters /
12 December 2019
Saudi Arabian Oil Co became the world's biggest IPO last week by raising $25.6bn.
Load shedding steals Christmas for Eskom execs, again

Load shedding steals Christmas for Eskom execs, again

Tebogo Tshwane  /
12 December 2019
  22
Utility's staff will work overtime to implement emergency plan to stop power cuts.
Nestle invests $45m a year in cocoa sustainability  

Nestle invests $45m a year in cocoa sustainability  

Maytaal Angel, Reuters /
11 December 2019
The company is aiming to have 100% sustainable cocoa sourcing in its confectionary products by 2025.
Small business owners count the cost of SA power cuts

Small business owners count the cost of SA power cuts

UPDATE
Kara van der Berg and Onke Ngcuka, Reuters /
11 December 2019
  2
'It's devastating, absolutely devastating' - Johannesburg Chamber of Commerce CEO.
Absa appoints new international head

Absa appoints new international head

Emma Rumney, Reuters /
11 December 2019
  1
To oversee Absa's international ambitions.
Brand SA: ‘Overall, we end the year on a good note’

Brand SA: ‘Overall, we end the year on a good note’

Melitta Ngalonkulu /
11 December 2019
  8
But government is tarnishing the brand.
Factbox: SA’s struggling SOEs

Factbox: SA’s struggling SOEs

Mfuneko Toyana, Reuters /
11 December 2019
  6
A roundup of the country's rapidly sinking state-owned firms.
What next for TymeBank?

What next for TymeBank?

Hilton Tarrant /
11 December 2019
  9
After passing the 1m account milestone …
Tongaat Hulett is ‘still a going concern’, says CFO

Tongaat Hulett is ‘still a going concern’, says CFO

Suren Naidoo /
11 December 2019
  4
Embattled group aims to reduce its debt by R8.1 billion by March 2021.
R7bn Zimbabwe blow in Tongaat Hulett’s restated results

R7bn Zimbabwe blow in Tongaat Hulett’s restated results

Suren Naidoo /
10 December 2019
  5
Scandal-hit group forced to write down its equity by almost R12bn; R4bn related to land expropriated up north.
Mobile networks taking a pounding from load shedding

Mobile networks taking a pounding from load shedding

TechCentral /
10 December 2019
  7
The frequency of power cuts means batteries don't have enough time to recharge - MTN.
Tongaat seeks new chapter with equity raise, debt restructure

Tongaat seeks new chapter with equity raise, debt restructure

UPDATE
Nqobile Dludla, Reuters /
10 December 2019
  2
Plans to lower debt by R8.1bn and cut 8 000 jobs.
What SAA’s ‘business rescue’ means

What SAA’s ‘business rescue’ means

Joe Bavier, Reuters /
10 December 2019
  4
If the business rescue practitioner finds there is no reasonable chance a rescue plan can succeed, he files a petition for liquidation.

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