2 826 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
ICT group Mustek, which is a takeover target of Novus Holdings, said on Wednesday its auditors have flagged a potential irregularity related to how quickly its management team disclosed the terms of their concert-party agreement.
Fixed-term contracts expose employers to risk. No matter how the contract is worded, an employer who relies on the fact that a fixed-term contract has expired may face an unfair dismissal claim if the employee had a reasonable expectation of renewal, write Jan Truter and Barney Jordaan.
BMW is planning to deploy artificial intelligence to help eliminate a fifth of management roles by the middle of next year, part of an agreed buyout plan designed to slash costs and boost profitability.
Gold Fields is considering a sweetened takeover bid for Northern Star Resources, according to people familiar with the matter, as the South African miner seeks to overcome resistance to a deal that would create the world’s second-largest gold producer.
A US judge has rejected MTN’s bid to revisit earlier rulings in a major anti-terrorism lawsuit and refused to allow an appeal, clearing the way for the case to move into discovery.
The Constitutional Court’s decision to declare the Public Procurement Act invalid may have inadvertently imperilled the SA Reserve Bank’s plan to replace Jibar with Zaronia.