| Rupert’s luxury watch chief decides it’s time to leave

Richemont’s head of watchmaking, once seen as a candidate to lead the entire company, is leaving after a management reorganisation put him in control of a portfolio of brands. | SAA to have new CEO by month-end – Gigaba

Finance Minister Malusi Gigaba says the appointment of a CEO for South African Airways will be finalised by the end of July 2017. | SA’s love affair with stokvels still going strong – survey

South Africans prefer informal savings vehicles like stokvels over bank accounts, according to the Old Mutual Saving and Investment Monitor for 2017. | Partial privatisation of SOEs on the cards

Finance Minister Malusi Gigaba has announced that partial privatisation of state-owned enterprises is on the agenda to revive the economy. | Economists underwhelmed by Gigaba’s economic action plan

There is nothing profound about government’s 14-point plan to revive the economy and most of the interventions are not new, say economists. | Battle of the brands as popular clothing stores shut down in SA

All standalone Mango clothing stores and Nine West shoe stores have closed down, while other international groups such as River Island are busy shutting down as well. | Inside Labour: Ideas to battle a poisonous legacy

The plight of gainfully employed people who live in appallingly squalid conditions could be taken up by trade unions, since many of them are union members, says Terry Bell. | ABSA’s 5 key arguments on Public Protector report

ABSA has reiterated that the Public Protector's report stating that it allegedly owes R1.125bn to the SA Reserve Bank is baseless, unfair and prejudicial. | Absa challenges Public Protector’s report

Absa is launching a high court application to review and set aside the Public Protector’s Bankorp report, the bank has announced. | Years of gridlock face SA as new charter hurts mining

Companies and investors say the new Mining Charter and uncertainty will starve the industry of much-needed capital and add to challenges of declining reserves and rising costs.