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The GDP of South Africa contracted in the first quarter of 2014, pulled down by the steepest drop in mining production (25% of which 19% was directly attributable to the strike) in 50 years. [24] [25] It was the first contraction since 2009. [26] Workers, most of whom already lived in poverty, lost around 11 billion rands ($1 billion) in wages ...
The Rembrandt Group, officially known as Rembrandt Trust (Proprietary) Limited, is a South African tobacco and industrial conglomerate founded by tycoon Anton Rupert who oversaw its eventual transition to the industrial and luxury branded goods sectors.
Total South Africa – 24.9% shareholding – A marketer of petroleum and petroleum products in South Africa. Total South Africa is a subsidiary of Total SA and has a 36% interest in National Petroleum Refiners of South Africa Proprietary Limited (Natref). PGSI – 37.7% shareholding – An investment holding company holding a 90% stake in PG ...
The Judicial Commission of Inquiry into Allegations of State Capture, Corruption and Fraud in the Public Sector including Organs of State, better known as the Zondo Commission or State Capture Commission, was a public inquiry established in January 2018 by former President Jacob Zuma to investigate allegations of state capture, corruption, and fraud in the public sector in South Africa.
Paramount Group is a Global Aerospace & Defence group of companies operating in the global defence, internal security and peacekeeping industries. Established in South Africa in 1994, it offers a range of military aircraft, armoured vehicles, maritime systems, equipment and training to governments.
Spescom Limited is an information and communications technology (ICT) Group listed on the Johannesburg Stock Exchange (JSE: SPS). [1] Founded in 1977, [2] it provides specialized business communication technology for a client base that includes telecoms providers (carriers and cellular network operators), broadcasters, contact centres, government and enterprises in various industry sectors.
Edcon Limited was a retail company based in Johannesburg, South Africa. Its subsidiaries included Edgars , a department store with 203 [ 2 ] branches. [ 3 ] [ 4 ] In 2020, the Competition Tribunal approved the sale of the Edgars division to Retailability (pty) Ltd , [ 5 ] and Jet to The Foschini Group .
Union Corporation Limited was a South African mining house. It was founded as the A Goerz & Co Ltd in the late 1890's as a gold mining company. After World War One, it was renamed the Union Corporation. In 1980 it was merged into the General Mining and Finance Corporation later called Gencor.