BIZNEWS

BIZNEWS

– The Rational Alternative –

Biznews is a remote company with home offices in South Africa and the United Kingdom.

Breaking the circle of conformity; prepare for a snigger or two

It got me thinking about success, which usually takes place when a brave person steps outside their own or society’s conformity circle.

Eskom CEO Phakamani Hadebe to leave, cites health reasons

Eskom said Phakamani Hadebe will step down as chief executive officer of the heavily indebted South African state power utility at the end of July.

Shareholder steamrollered in dodgy Transnet deal

A Gupta-linked middleman company slipped into a Transnet deal and spiked the price of relocating a locomotive-manufacturing venue from Gauteng to Durban from a mere R9.7m to about R700m.

Airbnb’s public enemy #1: Meet the man trying to bring down the global beast

For four years Murray Cox has been publishing reports that cast Airbnb as a big-city housing-villain, but the company had never reached out to him before.

Blitzboks play for Olympic qualification in London

With just two tournaments left in the 2018/19 World Sevens Series competition, the Blitzboks only a mathematical chance of defending their world title.

Worldview: Cyril, please tear up the old recipe and find a new one

David Pilling writes in the Financial Times that while corruption and the state-owned enterprises are important, Cyril Ramaphosa needs to find a way in the next five years to make South Africa a fairer place.

How Huawei fiasco could knock your global investment returns – expert

Sinesipho Maninjwa cuts through the political smoke-and-mirrors to set out what's happening and how companies that could be in your portfolio, like Apple, might be affected by the Huawei fiasco.

Second British Prime Minister downed by Brexit

An emotional Theresa May announced she will quit as Britain’s prime minister after admitting she had failed to deliver the one task that defined her time in office - taking the country out of the European Union.

NMT Capital ‘conflict of interest’ reason Peter Moyo suspended as Old Mutual CEO

Old Mutual suspended Chief Executive Officer Peter Moyo over a conflict of interest involving his investment firm NMT Capital.

Standard Bank calls on Lonmin investors to reject Sibanye’s offer, R6.64bn undervalue

Standard Bank said Lonmin investors should reject Sibanye Gold’s takeover offer as it undervalues the platinum miner’s assets by as much as R6.64bn.

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