Nationwide strike to 'defeat the elite': SACP


Johannesburg - The nationwide strike by the Congress of SA Trade Unions (Cosatu) against corruption and state capture is a rolling action to defeat the corrupt elite and save the African National Congress-led movement, SA Communist Party (SACP) deputy secretary Solly Mapaila said on Tuesday.

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Numsa views Cosatu’s planned strike as an 'act of desperation'


JOHANNESBURG - The National Union of Metalworkers of South Africa (Numsa) will not support the Congress of South African Trade Unions' (Cosatu) calls for a socio-economic strike on September 27.

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Gigaba says R100bn was not requested from PIC


JOHANNESBURG - Finance Minister Malusi Gigaba has dismissed media reports suggesting there was a concerted effort by National Treasury to use R100 billion from the Public Investment Corporation (PIC) to bail out struggling state-owned enterprises including national carrier SAA.

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Uber's new boss says sorry to Londoners


LONDON - Uber’s new boss apologised to Londoners for the taxi app’s mistakes and pledged to make changes, as the Silicon Valley firm tries to overturn a decision to strip it of its licence in one of its major markets.

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DA will review all contracts with KPMG in 30 municipalities


CAPE TOWN - South Africa’s main opposition said on Friday that it would review all contracts with KPMG in the municipalities it runs after a scandal involving the auditor’s handling of audits for businessman friends of President Jacob Zuma.

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- BUSINESS REPORT ONLINE