Business

Fin24.com | MTN said to mull West African unit sale in markets cull

Fin24.com | MTN said to mull West African unit sale in markets cull

MTN’s [] sale of its Cyprus unit is just the start of a broader exit from small or problematic markets, with the Liberian unit leading a number of West African divisions being considered for disposal, according to people familiar with the matter. Africa’s largest mobile-phone company by subscribers sees the Liberia, Guinea and Guinea-Bissau businesses as ones it could do […]

Fin24.com | Boris Johnson: ‘Not too late to save Brexit‘

Fin24.com | Boris Johnson: ‘Not too late to save Brexit‘

London – Former foreign minister Boris Johnson urged the British government on Wednesday to change its strategy for leaving the European Union (EU), telling members of Parliament (MPs) it was “not too late to save Brexit”. In his first speech to the House of Commons , the leading eurosceptic repeated his criticism of Prime Minister Theresa May‘s plan for close […]

Fin24.com | SA Post Office and trade unions reach salary agreement

Fin24.com | SA Post Office and trade unions reach salary agreement

The South African Post Office (SAPO) and trade unions have reached an agreement over salary increases and other issues, bringing an end to a strike which started on July 3. According to a statement issued by SAPO on Wednesday evening, an agreement was signed between the post office, the Communication Workers Union (CWU), the Democratic Postal Workers Union (Depacu), and […]

Fin24.com | Treasury, SARS call for comment on tax law amendments

Fin24.com | Treasury, SARS call for comment on tax law amendments

National Treasury and the South African Revenue Service (SARS) are giving South Africans until the middle of August to submit written comments on the newly published Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill. The two draft laws, which were released in February during the budget review, seek to introduce tax reforms which allow for the introduction […]

Fin24.com | Retail trade sales, inflation mean SARB likely to keep rates steady – analysts

Fin24.com | Retail trade sales, inflation mean SARB likely to keep rates steady – analysts

Weak retail sales data released by Statistics SA on Wednesday, plus a better-than-expected inflation rate in June, supports the view that the SA Reserve Bank (SARB) will likely opt to keep interest rates unchanged on Thursday, said FNB senior economic analyst Jason Muscat. May real retail trade sales – in terms of constant 2015 prices – expanded 1.9% y/y and […]

Fin24.com | Could you afford to live for 200 years and be married for 170?

Fin24.com | Could you afford to live for 200 years and be married for 170?

Scientists predict the first person to live to 200 has already been born. Therefore, Sanlam’s future-facing “The 200-Year Old” podcast series delves deeply into the implications of a post-ageing society, looking at cyclical retirements, the rise of new social currencies, the price of personal data and more. Predictions for financial planning after having “cured” ageing: A switch from a linear […]

Fin24.com | Top 5 on Fin24: Ramaphosa invokes his inner Mandela, EU set to fine Google billions and CPI rises to 4.6%

Fin24.com | Top 5 on Fin24: Ramaphosa invokes his inner Mandela, EU set to fine Google billions and CPI rises to 4.6%

Cape Town – A roundup of Wednesday‘s top economic and finance reads on Fin24. Ramaphosa invokes his inner Mandela – for political ends Emotions and tributes aside, the centenary of Nelson Mandela’s birth also heralds changing fortunes for both the ANC and the DA. Having Barack Obama seen together with President Cyril Ramaphosa in meetings, and on stage, adds to […]