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ICT

Nintendo's $30bn rally now depends on cardboard pianos

Apr 20 2018 07:50

Returning to its 1889 roots as a successful manufacturer of 'hanafuda', Japanese playing cards made out of stiff paper, Nintendo is now embracing the same materials for its new trick.

Retail

All eyes on Steinhoff's first AGM since accounting fiasco hit global retailer

Apr 20 2018 06:40

Steinhoff shareholders will get the opportunity to pose questions directly to the company’s leadership, when the global retailer holds its Annual General Meeting in the Netherlands.

Industrial

Gordhan: Gupta-linked Pita's resignation from Transnet 'does not absolve him'

Apr 19 2018 20:41

The Department of Public Enterprises reacted to the resignation of Transnet's chief financial officer Garry Pita by saying stepping down does not absolve him of accountability for possible wrongdoing.

ICT

Twitter’s bet on video streaming is starting to pay off

Apr 19 2018 17:26

Despite sceptics who said Twitter couldn’t possibly compete with rivals like Facebook, it has carved out a niche in the world of video content and now streams a range of programming.

Retail

Govt holds meat firms responsible for listeriosis outbreak - Motsoaledi

Apr 19 2018 18:12

Health Minister Aaron Motsoaledi says the companies which produce processed meat have the resourced labs to test products, and should be held responsible for the listeriosis outbreak.

Industrial

Transnet CFO Garry Pita resigns

Apr 19 2018 18:20

Transnet chief financial officer Garry Pita, who signed off on invoices authorising the state-owned firm to pay R74m to Gupta-linked Trillian Capital Partners, has resigned.

Economy

SARB: Banks are free to choose their own auditors

Apr 19 2018 16:42

The South African Reserve Bank says it does not interfere with the appointment of auditors by banks, as this responsibility rests with the banks.

Retail

Union to demand that Steinhoff appoint new board at AGM

Apr 19 2018 15:10

Trade union federation Fedusa says it will demand that Steinhoff appoint a new board in light of the retailer's massive share price plunge.

ICT

Facebook says more South Africans affected by data leak

Apr 19 2018 13:57

The social media giant has upped the numbers of South African possibly affected by a data leak from 59 777 to 96 134, as it faces worldwide scrutiny over how it deals with privacy and security.

Retail

ABSA distances itself from Steinhoff's accounting fiasco

Apr 19 2018 13:18

ABSA bank says its role as Steinhoff’s JSE sponsor was strictly to ensure the retail group met the requirements of the JSE and had no role in scrutinising Steinhoff’s financial statements.

Inside Fin24.com

 
Retail

Pick n Pay shows profit growth, despite R250m severance packages payout

Apr 19 2018 11:42

Pick n Pay has posted a R15.3bn gross profit increase for the year ended in February 2018, up from R14.5bn in 2017, the group has said.

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