Thursday, June 20, 2019

Bad news for house prices

Homeowners should not be too hasty to sell just yet. Seven months into 2017‚ it was becoming increasingly likely that this year would be the...

OR Tambo airport braces for SAA strike

OR Tambo International Airport is set to be hit by a strike on Friday‚ but management cannot say how bad the effects will be. Staff...

Darkness descends on KPMG

BY GRAEME HOSKEN Auditing firm faces ruin as its reputation lies in tatters Auditing firm KPMG SA's reputation is in tatters and it faces ruin as...

Upmarket display for Eastern Cape artists

Solemn ceramic cows, quirky felt sheep, swirly wire baskets and vibrant beaded bags are some of the innovative crafts now on display at Hemingways...

Land expropriation threatens stability‚ says Institute of Race Relations

The way the question of land expropriation without compensation was being handled threatened the country’s stability‚ the South African Institute of Race Relations (IRR)...

Rand weakens after public protector calls for Bank to ditch currency...

The rand was weaker against major global currencies on Monday afternoon‚ after risk spiked following a call by Public Protector Busisiwe Mkhwebane for a...

Looking back (2)

  East London, or, as it was known as ‘Port of East London’  sprung and grew as a result of the important harbour at the...

Uber’s new payment system lets drivers reject cash trips

By Bafana Nzimande Uber SA has introduced a new payment system meant to increase driver safety. The cash indicator feature allows operators to choose if they want...

JSE up almost 2% as markets cheer retreating greenback

The JSE looked set to end June with a strong performance on Friday‚ amid risk-on trade on global markets. Local banks led the gains on...

Public Protector sparks the Battle of the Bank

South Africa is bracing for the Battle of the Bank as uncertainty over the Reserve Bank's future threatens the country's economy. After Monday's shock recommendation...

Treasury paints bleak picture of debt repayment amongst councils

By Khulekani Magubane National Treasury has painted a bleak picture of municipal finances and their long-term sustainability in its preliminary report on local government revenue and...

‘Public editor’ proposed to open up SABC

By BEKEZELA PHAKATHI Right2Know wants society to have a say in content The Right2Know campaign has called for the appointment of a "public editor" at the...

Registration of KPMG auditors’ at risk over Gupta audit

KPMG auditors responsible for the audit of Gupta-owned Linkway Trading risk losing their designation as registered auditors if an investigation by the profession’s regulator...

ORT named top irregular spender in SA

Scandal-prone OR Tambo district municipality was yesterday named by Auditor-General Kimi Makwetu as the biggest culprit of irregular expenditure in the country, with R1.569-million...

Ways to boost BCM economy

ONE of the most important tasks for any municipality is the managing of private investment in their area. Private enterprises are a major source...

Wits drops KPMG as their internal auditor

By Times LIVE The University of Witwatersrand (Wits) has become the latest client to drop KPMG as their auditor. Wits said in a statement on Wednesday the...

Ceremony honours women of power

Fearless and resilient businesswomen who have made an impact on their communities and on the economy of the Eastern Cape were celebrated at the...

South Africans struggle to tighten their already tight belts

The food basket has shrunk‚ with households changing their grocery shopping patterns in order to accommodate tough economic times. Just when South Africans thought things...

Petrol shock forecast for June

Fuel prices will jump to record highs in June‚ says the Automobile Association (AA). Petrol is expected to rise by up to 85 cents a...

Local businesswoman nabs top award

East London businesswoman Poonam Harry-Nana has been awarded the University of Stellenbosch (USB) Business School Director's Award for the top student in any programme...

Early Bird subscribers receive best-selling books at Daily Dispatch Business Summit

Early bird subscribers to this year’s Daily Dispatch Business Summit taking place on Thursday July 25 at the East London ICC will get to...

BCM to host international investors for Brics event

Buffalo City Metro says it’s all systems go as they prepare to roll out the red carpet for more than 400 high-powered foreign guests...

Sunday Times: Minister Lynne Brown’s lover scores lucrative Eskom oil d

On the front page of the Sunday Times Tmg Digital Location: Johannesburg Public Enterprises Minister Lynne Brown’s longtime lover and a close associate scored lucrative oil tenders...

Shoprite to take on Woolies

SA’s leading supermarket group aims up as recession hits lower-end consumers first As South Africa slides into recession, and households have less and less to...

Money alone can’t fix Eskom – analyst

Energy expert Chris Yelland says government has to fix the real problems at Eskom‚ not just throw money at the parastatal. Speaking to TimesLIVE on...

Rand on track for worst level since late November

The rand weakened to within a hair’s breadth of the symbolic R14/$‚ putting it on track for its worst quarterly performance since 2011. The rand...

Durban cop removed from the Jacques Pauw probe

The investigating officer in the case against The President’s Keepers author Jacques Pauw and fellow investigative journalist Pieter-Louis Myburgh has been removed from the...

On the spot: Eskom’s top three drop Gupta bombshells

Stunning reversals, a shocking confession and elaborate justifications were among the responses from the chairman, the acting CE and the finance head, write Carol...

Save SA: How Mzansi is cutting back to survive the recession

Whether it’s eating out less‚ homemade pet food‚ cancelling gym memberships or avoiding parking tickets‚ South Africans are cutting costs to survive the economic...

Just one in five South African execs are women: PwC

Women represent just 20% of senior management and executives in South Africa. PricewaterhouseCoopers (PwC) made the finding in a recent survey of the pay data...

Pre-loved plus-size clothing brainwave takes off in a big way

An East London woman who started selling plus-sized clothing on social media was so successful that she is now opening a physical store. What started...

Millions bled from SA economy

Exchange control: Reserve Bank frustrated at lack of prosecutions of those responsible for 'obscene' amounts of money leaving SA illegally BY LINDA ENSOR The National Prosecuting...

New Madiba banknotes and coins to go into circulation to make his...

You will soon find former president Nelson Mandela at your closest cashier as new coins and banknotes commemorating his 100th birthday go into circulation...

Fine balancing act

DYNAMIC, multi-talented businesswoman, mom, athlete and community activist, Bonnie Currin, believes success is gained by finding a balance in all spheres of life. The GO!...

Support for Knysna businesses

CAPE Town-based company Retail Capital is stepping up to aid small business owners in Knysna. The fire has left many businesses damaged and struggling. After a...

SPAR EC recognised for fighting plastic pollution

SPAR Eastern Cape shone on the global stage when they won the award for consumer engagement in plastic reduction in recognition of their Stop...

Cyril to unveil major EC boost

President Cyril Ramaphosa will be in East London today for the official announcement of a major investment that will result in the extension of...

Makers of load-shedding app expect one million users by end of...

At first it was just an idea between two friends who wanted an app to help simplify the load-shedding schedule. Today more than 500‚000...

Van Rooyen gives Western Cape R74m anti-drought war chest

By Khulekani Magubane Minister of Cooperative Governance and Traditional Affairs Des Van Rooyen has announced an allocation of more than R74 million in drought relief to...

More young SA professionals see better career prospects overseas

More young South African working professionals are willing to relocate for work compared to their contemporaries around the rest of the world but‚ disturbingly‚...

BCM load-shedding starts with stage one

The Buffalo City Metro has commenced with stage 1 load-shedding which will see various parts of the metro experiencing power outages that generally last...

Local Yokel campaign benefitting city

AS THE only regional ‘shop local’ campaign in South Africa, Megan Devan’s Local Yokel is making waves in East London. Now in its third year,...

WALKING THE TALK

 As part of their commitment to building relationships and solving important problems, financial consultancy PwC South Africa supports the Men in the Making programme....

SA economy exits recession

By Sunita Menon And Staff Writers SA has left the economic recession behind‚ for now‚ as gross domestic product grew 2.5% in the second quarter...

Ford offers Kuga owners settlements to squash class action suit

BY GRAEME HOSKEN Global motoring giant Ford is offering to settle the bank loans of Kuga owners whose vehicles have either caught alight or malfunctioned. Ford...

Man unzips‚ gets two years’ supervision sentence on sex charge

An East London KFC delivery man has been found guilty of exposing himself to a woman customer when he delivered her order to her...

Embattled rand slides dangerously close to R14/$

The rand was almost 2% weaker against the dollar on Tuesday morning‚ as the trade spat between the US and China escalated‚ casting a...

South Africa’s Pick n Pay cuts 3,500 jobs, warns on H1

Pick n Pay has cut 10% of its staff, eliminating approximately 3,500 jobs, the South African grocer said on Monday, as the country grapples...

Jobless youth, elderly need help

By Derek Yu The latest South African jobs statistics continue to reflect a shockingly high unemployment rate which will take some doing to reverse. Concerns about the...

Is turkey for the birds this Christmas?

Woolworths is going cold turkey this Christmas. The high-end retailer will not have any frozen turkey this year as it has struggled to import from...