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Transnet's Gama slams dismissal as 'unlawful smokescreen'

Siyabonga Gama spoke to Fin24 on Monday evening, the day Transnet said would be his last as CEO. He confirmed that a letter had been sent to him, directing him to report to work, collect his belongings and return Transnet property.

Protect existing jobs first, says Fedusa general secretary

Protecting existing jobs remains the first responsibility for organised labour in SA, Dennis George, general secretary of Fedusa, tells Fin24.

6 key lessons from the man who launched Beyoncé's career

Dr Mathew Knowles - Music World Entertainment (MWE) founder, author, entrepreneur, professor, and dad to Beyoncé and Solange - launched his latest book in Cape Town. He shared some of his entrepreneurial insights with Fin24.

Eskom applies to Nersa for a tariff increase

Eskom has asked the National Energy Regulator of South Africa for 15% tariff increase per year for three years, the power utility said in a statement on Friday.

Markets WRAP: Rand holds on to gains as budget day nears

The rand held on to its gains by late Monday afternoon ahead of Finance Minister Tito Mboweni's mid-term budget address on Wednesday.

Chinese equity rally lifts the JSE

The JSE started the week on the front foot as it closed firmer mainly on the back of positive sentiment emanating from Asian markets.

Manuel: SA needs younger leaders to progress

South Africa will lag behind technologically if too many of its leaders are "on the wrong side of the age distribution curve," former finance minister Trevor Manuel has said.

DA wants Mboweni to announce Moyane's axing in 'six pack' mini budget

DA MP David Maynier has put forward a "six pack" of challenges that he says new Finance Minister Tito Mboweni must address in his maiden mini budget.

Gordhan tells Parliament Joburg loan to Denel was lawful

Minister of Public Enterprises Pravin Gordhan has told Members of Parliament in a written reply to questions that the R290m loan which the Johannesburg Metropolitan Municipality paid to Denel was lawful.

SARS exec 'will go to war' over R759k private law firm bill

SARS Group Executive for Employment Relations, Luther Lebelo, has told the Nugent Commission of Inquiry he is prepared to "go to war" to challenge the R759 000 bill from lawyers who helped him gather evidence for his submission last month.

Netflix selling $2bn of junk bonds to fund new shows

Netflix is once again turning to the junk-bond market to fund new programming as the streaming-video giant seeks to maintain its torrid subscriber growth.

'We need to give youth a better deal in terms of jobs' - Ramaphosa

Youth employment and job creation go hand in hand, says President Cyril Ramphosa.

Mozambique rejects Credit Suisse debt restructure proposal

Mozambique has turned down a restructuring plan by lenders, including Credit Suisse, for one of the state-owned companies at the centre of a hidden-debt crisis.

Culture shock for Mboweni on his return to government

Finance Minister Tito Mboweni has tweeted about his surprise when he learned that government is still heavily paper-based, not digital.

Saudi summit loses its swagger as elites question kingdom

It's an investment summit in the shadow of a killing: stripped of the glitz and glamour of business titans who last year flew in to woo a young prince and be a part of his grand plans to transform his country's economy.

Glencore CEO to tell investors he'll retire in 3 to 5 years

Ivan Glasenberg, who has built Glencore into a dominant force in commodities trading and became the face of the industry, told investors he plans to retire in three to five years.

Lawyer refuses to give evidence at Nugent inquiry, risks prosecution

David Maphakela, the lawyer who gave legal assistance to SA Revenue Service head of human resources Luther Lebelo, on Monday morning refused to give oral evidence at the Nugent Inquiry.

'Bad news' mini budget seen as SA seeks stimulus funds

Finding R50bn for a stimulus package is the unenviable task facing South African Finance Minister Tito Mboweni in the mid-term budget - and he's only two weeks into the job.

Digital migration: What does it all mean?

Government is ramping up migration to digital terrestrial television (DTT), Communications Minister Nomvula Mokonyane said at a briefing on Friday. But what is DTT and why is it needed?
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