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PIC head Dan Matjila resigns, acting chair appointed

The Public Investment Corporation has resolved to accept the resignation of its CEO Dan Matjila, according to its statement released on Friday evening. This follows days of reports that he was on the cusp of tendering his resignation to the largest asset management body in the continent. The resignation is[…]

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Man accused of chopping up wife’s body fit to stand trial

A man accused of dismembering his wife and dumping her body parts across Khayelitsha, is fit to stand trial, a Valkenberg panel of experts, comprising two psychiatrists and a psychologist, has found. “The accused has been found fit to stand trial and does appreciate the wrongfulness of the offence,” prosecutor[…]

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Cyril Ramaphosa signs National Minimum Wage Bill into law

President Cyril Ramaphosa has signed the National Minimum Wage Bill, which is expected to benefit about 6-million workers that currently earn below R3,700 a month when it comes into effect on January 1 2019. Business Day understands that the president enacted four labour bills on Friday following heightened pressure by[…]

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