Business

Newspaper fury over Facebook 'Napalm girl' censorship

Facebook has controversially removed the iconic image of a girl fleeing a Napalm attack during the Vietnam war from a post, on the grounds of nudity. The editor of Norwegian newspaper Aftenposten said the entire post, which was about iconic war imagery, was later deleted and the account of the reporter behind it suspended. Espen Egil Hansen has accused Mark Zuckerberg of “an abuse of power”. Facebook said it has

Transnet deals fall into Gupta man's lap

A close Gupta associate is set to profit from lucrative mystery-shrouded Transnet contracts that are under investigation by the National Treasury. Salim Essa, who recently benefited from a multibillion-rand partnership with state arms contractor Denel that Finance Minister Pravin Gordhan wants reversed, could now be in line to score millions more. This follows a decision by the board of Transnet last week to approve the cession of major advisory contracts

Mazda2 Special From Only: R198 500

The Mazda2 Special, available exclusively from CMH Mazda Durban, Hatfield, Menlyn, Randburg and Umhlanga. T&C’s Apply. The new Mazda2, a small car that offers ‘Zoom-Zoom’ driving enjoyment on a big scale. *Images shown are for display purposes only and might not reflect the exact special model on offer. FIND OUT MORE ABOUT THIS CAR

Reserve Bank fines Capitec and Deutsche Bank SA combined R25 million

The Reserve Bank fined Capitec and the local branch of Deutsche Bank a combined total of R25 million last year for shortcomings in the systems they have in place to combat money laundering‚ the Bank said. The Bank also announced that deputy governor Kuben Naidoo would take over as registrar of banks from Renee de Wet‚ who will retire as registrar at the end of this year. Naidoo‚ who will

Employers in the metals sector in the country are in for a hard time and so is the economy of South Africa.

The National Union of Metalworkers of South Africa (Numsa) has put out its list of demands for this year‚ just as the annual “strike season” draws closer. “The employers in our sectors must make real offers to settle‚” Numsa said in a statement on Wednesday. The main specific bargaining demands which the conference agreed to put forward in different sectors are: – One-year agreement for 2016-2017 – 20% wage increases

Basetsana Kumalo has opened up about suing Drum magazine for defamation and reputational damages with costs, claiming that she is doing it for everyone who's had their name tarnished by the publication.

During an interview with Power FM, the media mogul revealed why she is taking legal action against Drum magazine, explaining that “what they have published is malicious lies.” “I have to take a legal battle with Drum magazine, because, quite frankly, what they have published is malicious lies, it’s not true, it’s a figment of their imagination that I am apparently obsessed with liposuction. That I have been lying to