Labour, the missing player in South Africa’s turnaround


POSTED ON: December 10, 2019 IN , , by Admin

As difficult a path that business rescue is, and as wary as we are of the unintended consequences, the shareholder’s stance in the SAA matter has put to paid one thing: companies are not too big to fail. Eskom, of course is a special case. This should however not incentivise unions to prolong their rigid approach; rather, they should try and be part of the solution.

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Wage bill is perhaps the greatest challenge facing Ramaphosa’s administration


POSTED ON: November 7, 2019 IN by Admin

THE sixth administration is going to have to face up to some hard truths over the next few months if it is going to show some real commitment to drawing a line in the continued deterioration of its finances. There’s no harder truth than its bloated wage bill.

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FNB initiates a dialogue with SA’s township entrepreneurs


POSTED ON: November 14, 2017 IN by Admin

In line with Global Entrepreneurship Week last month, FNB Business conducted a series of engagements with township entrepreneurs across South Africa’s biggest townships. The engagements started in Tembisa and Soweto townships in Gauteng and were followed by uMlazi Township in KwaZulu- Natal and Khayelitsha in the Western Cape. Mike Vacy-Lyle, CEO of FNB Business said…

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