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More from Kabelo Khumalo …
Mantashe tables bill to create state petroleum group
Gwede Mantashe, the minister of mineral and petroleum resources, this week tabled the South African National Petroleum Company Bill to provide for the establishment of the South African National Petroleum Company (SANPC), six years after cabinet resolved
Business piles pressure on Ramaphosa over Eskom’s revised unbundling
Business leaders fear new unbundling plans threaten investment in the national grid
Capitec becomes fastest SA company to reach R500bn valuation
The Stellenbosch-based bank is within striking distance of FirstRand, valued at R513bn
Huge overhaul seen for South African banking
Retail group Pepkor and Old Mutual's OM Bank among those aiming for disruption.
Nersa fast-tracks Eskom tariff relief for smelters
The National Energy Regulator of South Africa (Nersa) is fast-tracking the application by Eskom to reduce the negotiated pricing agreements (NPAs) tariffs applicable to Samancor Chrome and the Glencore-Merafe Chrome Venture.
Sars makes last-ditch bid to force Sasfin to pay in R5bn illicit outflows case
Appeal argues authorised dealers enabled illicit transfers by approving unlawful forex.
Ball in Jannie Mouton’s court as Curro takeover conditions set
Competition Commission approves buyout of Curro pending transformative commitments.
Treasury targets online gambling with proposed 20% tax
The move aims to curb SA’s explosion in online betting and could raise R10bn for the fiscus
Jannie Mouton’s R7.2bn Curro bid faces anti-trust setback
Billionaire Jannie Mouton’s R7.2bn bid to buy Curro and convert it into a non-profit company has bumped into regulatory friction that could collapse the deal and unsettle investors who had pencilled in a swift delisting.
Corporate cash hoard pushes Ramaphosa to get liquidity turned into capital
Nonfinancial corporations have reserves of R1.8-trillion they are loath to spend
