Former Transnet and Eskom CEO Brian Molefe claims that Treasury’s investigations team probing potential irregularities at the two state-owned enterprises is not following correct procedures, reports Business Day.
The newspaper quoted him as saying that he would be able to “explain what actually happened” if he had been given enough time to study documents pertaining to the investigation. He was given a draft report on 27 July, and was expected to respond by 13 August, the paper stated.
Impala Platinum CEO Nico Muller on government and labour unions’ response to the company’s restructuring plan. The restructuring could result in up to 13 000 job losses at its Rustenburg shafts. Muller said the company was currently losing 200 jobs per month through natural attrition and was hoping that jobs could be saved by relocating employees to shafts and mines where the company was growing. (See story on page 14)
Denne historien er fra 16 August 2018-utgaven av Finweek English.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra 16 August 2018-utgaven av Finweek English.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
THE HEALTH OF SA'S MEDICAL SCHEMES
As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.
The effect of Gilbertson's departure
With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.
Making money from music
Why investors are increasingly drawn to the music industry.
Conviction is key
Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.
The post-pandemic toolkit
How CFOs can use technology to support growth.
Big city living exodus
Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.
Big compact, big value
Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.
On barriers to entry
There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.
Fear and greed in one index
To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.
Africa's largest data centre facility coming soon
Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.