Category: Business

Business

06
Sep
2024

Live: Analysis of US Jobs Report for August – Bloomberg

Live: Analysis of US Jobs Report for August  Bloomberg US jobs accumulation due to support expectations of a…

06
Sep
2024

Trump floats US sovereign wealth fund as part of economic pitch

Former President Donald Trump in a speech to business leaders on Thursday called for the creation of a U.S. sovereign wealth fund, a government-owned investment fund, to finance “great national endeavors.” While offering few details, Trump said the fund would would yield a “gigantic profit” that could help “pay down the national debt” — an

06
Sep
2024

OpenAI says it reached 1 million business users

September 5, 2024 11:36 AM Credit: VentureBeat made with OpenAI DALL-E 3 via ChatGPT Plus Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More OpenAI’s paid business offerings reached a milestone, reaching one million paying business users across ChatGPT Enterprise, Team and Edu offerings.  The

06
Sep
2024

News24 Business | Telkom picks up about R620m in record SA property auction

For more financial news, go to the  News24 Business front page. SA’s third-biggest mobile operator, Telkom, has disposed of 17 non-core properties for a cash injection worth R617 million.  According to the property marketing and auction company In2assets, the properties included commercial buildings, administration blocks, development sites and land in the Cape Town CBD, Johannesburg

06
Sep
2024

FG Begins Sale of Rice for N40,000 Per 50kg

The Nigerian government has launched the sale of 30,000 metric tonnes of milled rice at a subsidised price of N40,000 per 50-kilogram bag. The initiative, spearheaded by the Ministry of Agriculture and Food Security, is part of a broader effort to provide relief to Nigerians grappling with rising food prices amidst global and local economic

05
Sep
2024

‘You’re fired’: The Apprentice star Lord Alan Sugar accused of treating Parliament with contempt

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05
Sep
2024

Watch: Kim So Yeon Shocks Her ’90s Village By Selling Adult Toys And Lingerie In “A Virtuous Business” Teaser

JTBC’s upcoming drama “A Virtuous Business” has released its first teaser! A remake of the British television series “Brief Encounters,” “A Virtuous Business” will tell the story of the independence, growth, and friendship of four women who delve into door-to-door sales of adult products in a rural village back in 1992, when it was still

05
Sep
2024

Now Durban businessman Thoshan Panday hit with 27 tax fraud charges

Durban businessman Thoshan Panday will remain in custody after his arrest on tax fraud charges until his next court appearance on Monday when he is expected to apply for bail.  Panday, 51, appeared in the Durban magistrate’s court to face 27 counts of fraud, alternatively contraventions of tax legislation. The state intends to oppose bail.

05
Sep
2024

Two-pot retirement system | Withdrawals could amount to R80bn

JOHANNESBURG – Two-pot withdrawals will give South Africa’s economy a major boost. Retirement administrators have been flooded with requests, with Absa saying it was expecting withdrawals to amount to nearly R80-billion in the first year. WATCH: Two-pot retirement system | Workers dive into pension savings pots The two-pot system means that all future savings will

05
Sep
2024

News24 | How three businessman raked in millions from Gauteng social development department

Over the past decade, hundreds of millions of rands have been paid by the Gauteng Department of Social Development to a handful of closely-linked NPOs. The Auditor-General has flagged half a billion rand in irregular expenditure on the department’s Sustainable Livelihoods Programme between 2014 and 2018. Businessmen Peo Boakgomo and Pule Molopo, as well as