Business & Economy
Former Lottery exec’s pension frozen as corruption probe hots up

[ad_1] The Special Tribunal has frozen the R2.8 million pension of former National Lotteries Commission chief working officer Phillemon Letwaba. This follows an software by the Special Investigating Unit, which was authorised in 2020 by President Cyril Ramaphosa to analyze the NLC. The SIU says this follows Letwaba’s resignation pending

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Business & Economy
Discovery delays 2023 medical aid increases to April

[ad_1] Discovery Health Medical Scheme (DHMS), the most important within the nation, says its medical aid contribution increases will solely take impact from April 2023, as an alternative of January. It says the scheme is “optimally priced for expected claims”. This is the third 12 months working that it has

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Business & Economy
Treasury rejects calls for carbon tax reduction

[ad_1] FIFI PETERS: I’m shifting focus to the carbon tax now. It looks like authorities and enterprise aren’t seeing eye-to-eye on the right way to deal with the carbon tax within the years forward. Business seems like the rise within the carbon-tax fee over the 2026 to 2030 interval will

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Business & Economy
S&P 500 history points to a sharp bounce after Fed meeting

[ad_1] For fairness buyers sunk in gloom, the rate of interest rise anticipated from the Federal Reserve on Wednesday may very well yield some reduction. US inventory markets have been feeling the warmth forward of the Fed’s meeting, with the S&P 500 and the Nasdaq 100 Indexes falling 6.2% and

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Business & Economy
[TOP STORY] Top-quality businesses are the ones to stay invested in

[ad_1] SIMON BROWN: I’m chatting now with Deryck Janse van Rensburg, portfolio supervisor at Anchor Capital. Deryck, I recognize the early morning. You’re an previous hand at markets. I don’t imply that you simply’re an previous individual, however you’ve skilled markets earlier than. Now, 2022 is proving a tricky yr.

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Business & Economy
Record outages leave SA struggling for energy fix

[ad_1] The most extreme blackouts in South Africa’s historical past have left the federal government struggling for methods to mitigate their influence on companies and livelihoods, with efforts to purchase extra energy from non-public producers and neighboring nations. Africa’s most industrialised nation is dealing with greater than 4 hours of

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Business & Economy
US, SA set up joint task force on trade and investment: Ramaphosa

[ad_1] A number of days in the past, I met with US President Joe Biden in Washington to debate a number of problems with concern to each our nations, together with peace and safety, local weather change and meals safety. Most importantly, we mentioned methods to deepen trade and funding

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Business & Economy
African Women Impact Fund launches with USD$60 million commitment to drive an inclusive investment environment

[ad_1]     L-R: Eloine Barry, CEO of the African Media Agency (AMA); Lindeka Dzedze, Executive Head: Institutional Clients, Global Markets Standard Bank Group & Chairperson of the AWIF Executive Committee; Heleen Goussard, Head of Alternative Investments RisCura; H.E. Madam Bineta Diop, Special Envoy of the Chairperson of the African

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Business & Economy
Can I transfer my preservation fund to my municipal pension fund?

[ad_1] Dear reader, Thank you to your query. We perceive how guidelines round retirement or resigning could also be puzzling typically and we discover ourselves not understanding the choices obtainable to us. Therefore we’ll clarify how preservation funds work. Preservation funds had been launched in response to a necessity amongst

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Business & Economy
Eskom crisis continues – Moneyweb

[ad_1] FIFI PETERS: Just selecting up on Eskom, I used to be my Twitter feed and I might see that Stage 10, Eskom and André de Ruyter, in addition to President Cyril Ramaphosa, had been amongst among the dominating hashtags in the present day in South Africa. South Africans tried to

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