On Business Update, Gugulethu Mfuphi joined Sizwe Dhlomo to give updates on consumer facing businesses and their results. These include Pepkor, owners of Ackermans and Pep stores amongst others, recording double digit growth and cellphone sales. They also discussed Zeda, owners of Avis and Budget car rental, sharing insights on…
MEC of Transport in KZN, Siboniso Duma, has called for murder charges in wake of deadly Tongaat bus tragedy. “I have directed our team from Road Traffic Inspectorate to work with SAPS and ensure that the driver doesn’t escape and that he faces murder charges,” Duma stated. He added, “Equally,…
In defence of BEE, President Cyril Ramaphosa says South Africa’s redress policies aren’t the issue stifling economic growth. Speaking at a Q&A session in the National Assembly yesterday, Ramaphosa referred to reports by the World Bank and the International Monetary Fund, which, he said, found that among the factors restricting…
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