by sundelbolong | May 27, 2020 | Business & Finance News
Former South African Airways (SAA) chair Dudu Myeni has been declared a delinquent director in terms of the Companies Act. Myeni was appointed as non-executive director of the board of SAA in September 2009, became acting chair in December 2012 and chair in September...
by sundelbolong | May 27, 2020 | Business & Finance News
In just a few months, the Covid-19 pandemic has taken a dramatic toll on the economies and institutions around the world, and the number of new cases, economic dislocation and deaths continue to mount. Decades of progress raising living standards and reducing poverty...
by sundelbolong | May 27, 2020 | Business & Finance News
Cabinet has approved the appointment of Abel Sithole as the CEO and Executive Director of the Public Investment Corporation, Finance Minister Tito Mboweni announced on Wednesday. He will serve for a period of five years. He will be replacing Dan Matjila, whose conduct...
by sundelbolong | May 27, 2020 | Business & Finance News
The Independent Development Corporation of South Africa (IDC) has mounted an application for Kalagadi Manganese to be put in business rescue over claims that it was struggling to pay its creditors. Documents filed in the South Gauteng High Court by the IDC, which owns...
by sundelbolong | May 27, 2020 | Business & Finance News
South Africa’s state-owned diamond mining company, Alexkor, is not operating as a going concern and could see its remaining cash reserves depleted by June, the department of public enterprises has warned. Department officials and the state-owned company’s...
