Source: Law Daily Report (lawdailyreport.net)
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Forcing pension funds to invest in SOEs ‘violates bill of rights’Constitutional Court would challenge ANC’s prescribed assets plan, says asset manager.
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Denel chair: ‘Blacks not interested in SOEs’Newsletter| Following the storm over the appointment of Daniel du Toit as Denel CEO, chairperson Monhla Hlahla says Denel looked at almost 100 executives to fill the position but 'blacks were not interested in working at a state-owned enterprise' Rubbish Sadly but true. Black executives are treated like criminals. Race & gender profiling by blacks against fellow blacks is still done in this country. Every black executive leaves his position through one or other enquiries.
Source: City_Press - 🏆 7. / 72 Read more »
Treasury says SOEs a risk to the economy | IOL NewsThe National Treasury has warned that state-owned entities remain a risk to the economy with the entities owing creditors billions of rand. Pre cursor to privatization
Source: IOL - 🏆 46. / 51 Read more »
Amendment bill seeks to give SOEs the power to establish banksPaving the way for new lenders, the bill also seeks to amend the Insolvency Act, Military Pensions Act, the Government Employees Pension Law, the Auditing Profession Act and the Banks Act
Source: BDliveSA - 🏆 12. / 63 Read more »
World Bank content with govt efforts to resolve SOEs crisis - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The World Bank says it is content with the direction government is talking in trying to resolve the crises its State-Owned Enterprises (SOEs) are facing.
Source: SABC News Online - 🏆 32. / 51 Read more »
Popular Paris nudist restaurant forced to shut doors | IOL NewsThe first nudist restaurant in the French capital is being forced to close because it cannot put enough bums on seats. 😂😂 Unathi_Kwaza well, I think they managed to put bums on seats..literally then. ..sustainable? Guess bums, literally, didn't cut it
Source: IOL - 🏆 46. / 51 Read more »
DRC still without internet as operators forced to cut accessInternet access was cut on December 31 following the country's presidential election
Source: BDliveSA - 🏆 12. / 63 Read more »
Ascendis shares bounce as forced sales slowPrivate equity firm Coast2Coast has been offloading the company's shares to meet margin calls
Source: BDliveSA - 🏆 12. / 63 Read more »
Not on to use pensions to bail out state🔒 Raiding pension coffers will do little to save embattled SOEs or public projects experts say, after plans were announced in the ANC’s election manifesto to investigate the introduction of prescribed assets on financial institutions’ funds.
Source: mailandguardian - 🏆 2. / 92 Read more »
World's first robot hotel forced to axe automated staffAccording to a report by Forbes, it turns out that the robots, rather than reducing human workload, increased it because the machines were not capable of doing the tasks they were assigned.
Source: TimesLIVE - 🏆 28. / 59 Read more »