The collapse of Steinhoff International’s share price this week, following allegations of accounting fraud, is being described as the biggest corporate failure on the JSE so far, but it may just be the tip of the iceberg. On Thursday afternoon, Finance Minister Malusi Gigaba said he supported a decision by the Financial Services Board (FSB)..
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Steinhoff implosion staggers SA
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How you will pay for Zuma’s free education plan
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The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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How you will pay for Zuma’s free education plan
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The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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#FeesMustFall protest – Naked woman arrested at UCT
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The stomach-churning stench of human faeces‚ piles of rubbish‚ ripped curtains and a commotion on campus as the woman was being dragged into a police van greeted students on Thursday. Parts of the campus were sealed off by police in riot gear and private security and at least three people were arrested. Police spokesperson Captain..
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FeesMustFall protests descend into chaos in Cape Town
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A third wave of #FeesMustFall protests has been marred by violence, as the demonstration marched its way to Parliament. The students are demanding the release of the fees commission report, which details funding of tertiary education. These protesters have made a slashing of tuition fees their main issue to raise, on the day Finance Minister..
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How do we want to be remembered?
When it comes to championing the notion of Shared Growth there is a simple litmus test to follow: consider your legacy. Takeaways Shared Growth means having a positive impact on society while still delivering shareholder value. And knowing that the two are not mutually exclusive. Shared Growth is about more than just giving back, it..
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Payment administrator IntelliMali coughs up the ‘lost’ R818k misappropriated by NSFAS
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Payment administrator IntelliMali has reimbursed Walter Sisulu University (WSU) the full amount misappropriated by NSFAS “student millionaire” Sibongile Mani out of its own pocket. IntelliMali has also roped in the services of a forensic investigator to probe how the R14-million ended up in the account of one student. The company responsible for administering state loans..
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Lessons to be learnt from the rest of the African continent
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While South Africa had “a head start in the level of its development compared to other African economies” there was much to learn from the rest of the continent, many of who were “making greater progress, despite starting from a low base.” South Africa also had a role to play in contributing to the continent’s..
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Black experts in the health sector: Where are they?
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Whether it is a story looking at the latest HIV policies or the best way to deliver a baby, I rely on the expertise of health professionals to help me to get my facts right. But in my year as a health reporter, I have been alarmed by one particular aspect of these interactions: the..
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Education in SA is pathetic – 5‚139 teachers who are unqualified or under-qualified, maybe you should consider homeschooling !!
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Every day‚ tens of thousands of school children are being taught by teachers who aren’t qualified to do the job. The result is that pupils are “not receiving the quality of teaching they’re supposed to be getting”‚ the South African Democratic Teachers’ Union (SADTU) has admitted. And with mathematics and the sciences the subjects hardest..
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