Transport hits out at Tasima over eNatis

Minister of Transport Dipuo Peters is taking legal counsel to compel Tasima to comply with the Constitutional Court decision handed down on 9 November 2016, which found that the extension to the contract to Tasima was granted in contravention of the Constitution, the...

Revenue up 21%, profit up 29% for EOH

EOH reports that revenue for the latest six months increased by 21% to R7,239-billion and profit after tax is up by 29% to R597-million. Earnings per share (EPS) and headline earnings per share (HEPS) have grown by 23% and 22% respectively. Cash has increased by 32%...

Late payments: SA’s SMEs better off

Getting paid on time is the number one financial challenge for half of South Africa’s small business owners, according to research by Xero. However, a comparison has discovered that South Africa’s small businesses are still better off than their UK...

Cell C posts R540m profit for 2016

Cell C has released its financial results for the year ending 31 December 2016, posting its first profit of R540-million. “The 2016 financial year was exceptionally challenging, with South Africa’s economic growth essentially flat. Despite this, the...
Jobs outlook is conservative

Jobs outlook is conservative

South African employers are cautiously optimistic, reporting conservative hiring intentions for the coming quarter. Of the 751 employers who participated in the ManpowerGroup Employment Outlook Survey Q2 2017, 12% expect to increase staffing levels, 5% forecast a...

Uncertainty weighs on SA businesses

South Africa’s “turbulent” economy and uncertainty about the country’s future direction are taking their toll, and have impacted two-thirds (65,8%) of South African business executives’ operations and business decisions. Asked to outline...