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ICT

Google to invest $1 billion in New York campus

Dec 18 2018 05:45

Google became the latest US tech giant to announce a major expansion plan, unveiling a $bn investment to create a new campus that could double its New York City workforce to 14 000.

Industrial

Updated: Former Prasa boss wants police to find creator of 'manufactured' AG report

Dec 17 2018 18:05

Collins Letsoalo says he will lodge a complaint of fraud against a journalist to enable police to investigate who created a "manufactured" auditor general report that he says tarnished his name as a dedicated civil servant.

World

Goldman Sachs faces first criminal charges in 1MDB scandal

Dec 17 2018 13:24

Malaysian authorities allege that Goldman misled investors when the bank knew that proceeds from 1MDB bond sales it arranged would be misappropriated.

ICT

Naspers leads R7.7 billion investment in Indian edtech startup

Dec 17 2018 11:59

The startup, BYJU'S, is an educational technology company that offers personalised learning programmes for primary and high school pupils in India.

Agribusiness

WATCH: Moroccan saffron farmers battle knockoff spices

Dec 17 2018 09:19

Saffron farmers in southern Morocco have long taken pride in the coveted spice they produce from the purple-petalled Crocus sativus, but some are worried knockoff versions are threatening their business.

Mining

Canada fines Glencore mining unit for Congo risks, WSJ reports

Dec 17 2018 06:15

Glencore’s Katanga Mining division has agreed to pay more than $22m to Canada’s biggest stock market regulator amid allegations it hid risks of doing business in the DRC, according to the Wall Street Journal.

Retail

Edcon chief confirms recapitalisation drive

Dec 16 2018 13:59

Edcon group CEO Grant Pattison said these discussions are in the final stages of resolution and "significant progress is being made, with all stakeholders indicating their support and strong commitment to the process".

Investment Holdings

5 tips for moving from start-up to market leader, from the newly named CEO of the year

Dec 16 2018 16:00

Arnoux Mare has grown his business to a national entity with 22 subsidiaries, earning him the 'CEO of the year' title for two years running at the African Leadership Awards. Here are his top five tips for entrepreneurs.

Financial Services

The Sunday Read: KPMG on transformation, missing red flags and rebuilding a brand

Dec 16 2018 09:30

KPMG South Africa's executive chairman, Wiseman Nkuhlu, says enhanced audit reviews and stringent client selection are just some of the key strategies that the firm has since adopted to rebuild its tainted brand.

Inside Fin24.com

 

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