Improper conduct: Auditor faces VBS repercussions

The fantastic given to disgraced auditor Dumisani Tshuma might quantity to a whole lot of hundreds of rands, together with authorized prices. Disgraced auditor Dumisani Tshuma right this moment faces being slapped with a monetary censure by a Unbiased Regulatory Board for Auditors (Irba) disciplinary panel. Tshuma admitted to the improper conduct of benefitting by … Read more

Spotify cuts 17% of jobs as financial progress slows

Almost 1,500 workers are anticipated go away the corporate. Music streaming big Spotify mentioned Monday it might scale back the variety of its workers by round 17 % in a bid to chop prices amid “dramatically” slower financial progress. The announcement comes on the heels of a uncommon quarterly internet revenue of 65 million euros … Read more

South Africans might spend R224 billion this festive season

Regardless of the urge to splurge, shopper spending habits have modified amid a troublesome financial system – survey revealed. Did somebody say festive season buying? South Africans are seemingly gearing as much as splurge this December – nevertheless, there is perhaps some reservations. Outcomes from Wonga’s Summer season Spending Survey reveals SA prospects will spend … Read more

Has the Metal Grasp Plan collapsed?

The metal business supported the Metal Grasp Plan when it was unveiled in 2021, however now authorities appears to disregard business requests to fulfill. The Metal Grasp Plan was pitched because the platform the place authorities, enterprise and labour, that each one have a direct and vested curiosity in seeing the metal business prosper, would … Read more

R47 billion assure for Transnet not a silver bullet

Treasury introduced a R47 billion assure facility for Transnet in assist of its restoration plan and to alleviate fast monetary pressures. The R47 billion assure facility Transnet obtained from Nationwide Treasury will not be a silver bullet. It can assist to ease the stress, however it isn’t the jab within the arm that Transnet wants … Read more

ATFX acquires Khwezi Monetary Companies, a licenced ODP in South Africa

ATFX can now present South African purchasers entry to numerous monetary devices and supply complete buying and selling providers as an ODP. ATFX, a number one on-line buying and selling providers supplier, is proud to announce the current acquisition of a licenced ODP (over-the-counter spinoff supplier) in South Africa following the profitable buy of Khwezi … Read more

A provincial state-owned financial institution for Gauteng?

Gauteng MEC for Finance delivered the provincial medium-term price range coverage assertion on Tuesday. If Gauteng MEC for Finance, Jacob Mamabolo has his manner, the nation’s financial hub may quickly have a state-owned provincial financial institution. Mamabolo delivered the provincial medium-term price range coverage assertion on Tuesday in Johannesburg. Throughout his handle, Mamabolo mentioned Gauteng’s … Read more

no extra Sassa, 6 000 to be retrenched

The ailing Submit Workplace was positioned into enterprise rescue on 10 July 2023 and the enterprise rescue practitioners now revealed their plan. The joint enterprise rescue plan signifies that 6 000 of the Submit Workplace’s 11 083 staff must be retrenched as one of many measures to revive it to solvency and function sustainably as a going … Read more