2017-03-30 17:08:52.0
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BREAKING: Ford recalls Ford Fiesta ST models

Days after Ford SA CEO Jeffery Nemeth was summoned to the vehicle manufacturer's headquarters in the US‚ the multinational has recalled 1 078 Ford Fiesta ST models in South Africa.
September 25, 2013.  Inati   Ntshanga  CEO of SA Express, at a media brief on SA express's results. Pic: Martin Rhodes. © Business Day

SA Express CEO quits

Crisis-ridden state-owned airline South African Express yesterday announced the sudden resignation of its long-serving chief executive Inati Ntshanga‚ who leaves to pursue “personal interests” at the end of the month.
BIG SHOTS: Brothers Ajay and Rajesh Gupta. There is  talk that state power has moved from the Union Buildings to the Gupta family's compound in Saxonwold, Johannesburg. The writer says no self-respecting country can tolerate the state of affairs photo: KEVIN  SUTHERLAND

How bank plans to hit back at Guptas

Standard Bank will today rap the Guptas on the knuckles for resorting to a political campaign instead of legal recourse after it closed their company's bank account.

Zuma's move against Gordhan adds R2.6bn to government debt

The rand was hovering around R13/$ on Wednesday morning as the market waited to see how the drama between President Jacob Zuma and Finance Minister Pravin Gordhan would play out.

'I am still the Finance Minister‚' says Pravin Gordhan

While speculation was rife over the future of Finance Minister Pravin Gordhan‚ he confirmed on Tuesday afternoon that he was still occupying the position.

Samsung to sell refurbished safety-recalled Note 7 phones

Samsung announced Monday it would sell some Note 7 smartphones that were recalled for safety reasons as refurbished devices, in an effort to manage its stockpile in an "environmentally friendly" manner.

'Give us clarity‚' pleads business following Zuma's Gordhan bombshell

The SA Chamber of Commerce and Industry (Sacci) has called on President Jacob Zuma to explain why he has called Finance Minister Pravin Gordhan back from an Invest SA roadshow and cancelled his deputy‚ Mcebisi Jonas’ trip to the same event.

Zuma's Gordhan recall: What we know so far

ANC secretary general Gwede Mantashe has claimed ignorance about the controversial decision by President Jacob Zuma to recall finance minister Pravin Gordhan from a trip to London to engage with investors. While many have linked this to a possible cabinet reshuffle‚ it is unclear what the president’s intentions are.

Resurfacing political risk pulls the JSE down

The JSE was weaker in midday trade on Monday after Treasury officials confirmed that Finance Minister Pravin Gordhan and his deputy‚ Mcebisi Jonas‚ were ordered by President Jacob Zuma to return from an investor road show in the UK and US‚ saying the trip was unauthorised.

Rand continues its winning ways as it cracks through R12.35/$

The rand continued its winning ways on Monday morning as it powered through the R12.35/$ level for the first time since July 2015.
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