Vodafone CEO says time is right to step down from position

Nick Read is expected to step down as Vodafone Group CEO after a four-year tenure, the cellular giant said on Monday. According to the telecoms group, Read will hand over the position to Margherita Della Valle, the current chief financial officer on December 31. “Shareholders are advised that Vodafone Group has announced that Nick Read, […]

How the government spends every R100 of taxpayers’ money in South Africa

Stats SA has published its annual breakdown of government spending for the 2021/22 financial year, showing exactly where taxpayers’ money is going. This year marked the first time that government spending exceeded the R2 trillion mark, Stats SA said, with total budget allocations at R2.1 trillion. Large increases in expenditure were recorded for social protection, […]

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