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Another of South Africa’s ‘big four’ banks released their full year results this week. Standard Bank performed in line with expectations, posting a 22% improvement in headline earnings. But there is more in the annual report than the group’s continued hea
Three South Africans made it onto the Forbes billionaires list published earlier this week. They are Nicky Oppenheimer, Anton Rupert and the country’s first black billionaire, Patrice Motsepe. With $5.7bn to his name, Oppenheimer occupies position 173 on
There are some that argue South Africa is close to becoming a full-blown welfare state. And a quick look at finance minister Trevor Manuel’s 2008/2009 budget shows why. It reveals that almost a quarter of the country’s citizens receive some form of state
Health minister Manto Tshabalala-Msimang’s campaign against the private healthcare sector escalated earlier this week when she told journalists that “the current challenges in the private sector are best resolved through legislative interventions.” Her th
The strongest deterrent against FSP compliance missteps is or should be: