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    Shares in Steinhoff have slumped to fresh lows despite a deal with creditors being reached.

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ICT

Chinese paper attacks Twitter and Facebook for shutting accounts

Aug 21 2019 08:18

Twitter and Facebook’s move to close accounts that the companies said were backed by China and attempting to manipulate news about the protests in Hong Kong drew swift backlash from Chinese state media and internet users.

Retail

The SA liquor market is changing - these are the new favourites, says expert

Aug 21 2019 06:02

The way South Africans are consuming certain liquors is changing from traditional, heritage brands to modern, urban brands, says a fine liquor merchant.

Retail

The race for reach is on - Shoprite Group CEO

Aug 21 2019 07:16

The winners will be the retailers that reach the most customers via the most media and the largest number of distribution models, Shoprite Group CEO tells Fin24.

Agribusiness

Local bodies slam EU-funded study on SA's shrinking poultry industry

Aug 21 2019 07:18

An EU-funded study has found that part of the reason for the crisis of SA's poultry industry is due to limited investment in building production capacity and shortcomings in SA's business model. Local bodies, however, have disputed this.

Mining

Eskom, Mining Charter at heart of saving mining - unions

Aug 20 2019 21:30

The committee held a day of engagements with organised labour in the mining and energy sectors on Tuesday. The most topical issues that unions touched on were the Mining Charter, and the role of Eskom in creating a conducive environment for industry.

ICT

Facebook launches tool to let users control data it gathers about their web activity

Aug 20 2019 19:11

Facebook, under pressure to ramp up privacy rules across its platform, said on Tuesday it was rolling out a tool allowing users to control data that it receives from other apps and websites about their online activity.

Industrial

Sasol met with fund managers as US plant’s costs climbed

Aug 20 2019 16:47

Sasol, South Africa’s biggest company by revenue, said it held meetings with shareholders as dissatisfaction grew over cost overruns at the $13bn Lake Charles chemical project in the US.

Retail

Steinhoff 'clearly plotted' Tekkie Town transfer path - judge

Aug 20 2019 16:57

The transfer path of Tekkie Town and its shares in late 2016 to Steinhoff subsidiary Pepkor was clearly plotted even before the first transfer took place, says a Cape High Court judge.

Companies

Solidarity hails court victory in Denel case over salary deductions

Aug 20 2019 11:59

The North Gauteng High Court in Pretoria ruled on Tuesday morning that state-owned arms utility Denel must urgently pay over unemployment insurance and tax deductions from staff members' salaries.

Mining

Attract investment or watch mining die, union leader warns state, industry

Aug 20 2019 19:11

UASA senior manager Johan van Niekerk was addressing the committee on Tuesday morning as part of the committee's engagements with organised labour. The union said it appreciated government’s commitment to making mining a "sunrise industry".

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