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Financial Services

Gauteng 'tops' for ATM related robberies, Eastern Cape for bank robberies - new study

Jun 26 2019 20:56

Most robberies after people withdrew money at an ATM or inside a bank branch occur in Gauteng, according to a report by the SA Banking Risk Information Centre.

Companies

Board was suspicious of public enterprises dept, ex SAA CEO tells inquiry

Jun 26 2019 19:03

Former South African Airways CEO, Sizakele Mzimela, has detailed the lead-up to the mass walk-out of board members, her own resignation, and the appointment of new chai Vuyisile Kona.

Companies

Zondo Inquiry: How tensions over Mumbai-Joburg route pushed SAA into agreement

Jun 26 2019 19:57

Former South African Airways (SAA) CEO, Sizakele Mzimela, told the state capture commission of inquiry on Wednesday of the tension caused by the proposal to terminate the Mumbai-Johannesburg route, specifically between SAA, former Public Enterprises Minister Malusi Gigaba and Gupta-linked company Jet Airways.

Mining

Gupta companies square off in court over money spat

Jun 26 2019 17:44

The High Court in Pretoria has heard arguments in a case between Gupta-owned companies, with Oakbay seeking an order to remove Tegeta's business rescue practitioners.

ICT

WATCH: European watchdogs demand detail on Facebook's cryptocurrency

Jun 26 2019 19:08

Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant's Libra project.

Companies

Steinhoff wants Markus Jooste to pay back R870m - report

Jun 26 2019 16:05

Steinhoff has filed papers in the Cape Town High Court in an attempt to claw back hundreds of millions of rands from its former CEO Markus Jooste and its ex-CFO Ben la Grange, according to the Financial Mail.

Companies

We were pressured to cancel Mumbai-Johannesburg route, former SAA CEO tells inquiry

Jun 26 2019 15:05

Former South African Airways (SAA) CEO, Sizakele Mzimela, has told the commission of inquiry into state capture of how the board was put under pressure to cancel its Mumbai-Johannesburg route even though it made no sense to do so.

Companies

There was a breakdown in good governance under Gigaba, inquiry hears

Jun 26 2019 12:27

Sizakele Mzimela, the former CEO of South African Airways between 2010 and 2012, says she felt a breakdown in good governance between the airline and the ministry when former Minister Malusi Gigaba took over as minister of public enterprises.

Mining

Lanxess, Numsa in deadlock as underground mining strike continues

Jun 26 2019 15:24

Mining workers at the Lanxess Chrome mine in Rustenburg who have embarked on the underground strike last Wednesday are reportedly in poor conditions with no food or water.

ICT

WATCH: San Francisco bans e-cigarette sales in the city

Jun 26 2019 12:41

It's the most far-reaching crackdown on vaping to date. San Francisco has became the first major US city to vote for a ban on the sale and distribution of e-cigarettes.

Inside Fin24.com

 
ICT

WATCH: Facebook to ID French hate speech suspects

Jun 26 2019 07:57

In a world first, Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges.

Company Snapshot

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