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Business

Get the latest Business and Financial news in South Africa as it happens.

Business confidence drops in Dec

Sacci’s Business Confidence Index (BCI) shed 2.5 points in December 2014, declining to 88.3 from 90.8 in November, it said on Thursday. This was the lowest level since July 2014 when it measured 87.9, the SA Chamber of Commerce and Industry (Sacci) said in a statement. “Given the highest level …

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SARS Suspends Richer again

The SA Revenue Service’s strategic planning and risk group executive, Peter Richer, has been suspended again, Sars said on Wednesday. Richer was officially suspended on Tuesday, it said in a statement. He and deputy Sars commissioner Ivan Pillay were initially suspended on December 5 amid allegations of a special projects …

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Cape gov reshuffle: nothing sinister

A recent reshuffle in the DA-led Western Cape government had nothing to do with quotas of Afrikaner representatives, former Health MEC Theuns Botha said on Saturday. “The media speculation of any sinister reason for Minister [NomaFrench] Mbombo and I swopping portfolios is unfounded and untrue,” said Botha in a statement. …

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