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Sat, Oct 16, 2021

economy, business and finance

Eskom forced to sell non-core assets at a loss

Eskom needs every cent it can recoup to plug its debt, which stood at R464 billion by the end of March.ESKOM is set to...

Absa breaks silence on Daniel Mminele’s stepping down

Absa is working on a separation agreement with group chief executive Daniel Mminele, the bank announced through a JSE Sens statement.ABSA bank has announced,...

Absa confirms Daniel Mminele is leaving the group over ‘divergent professional...

Absa cited the reason for group chief executive Daniel Mminele’s departure as: “The parties have not managed to achieve alignment in relation to the...

Cash-strapped Africa overwhelmed by Covid vaccine challenge

Many African countries, already facing a shortage of affordable vaccines, are being stunned by the unprecedented scale of the distribution challenge when doses do...

Fragile economy can’t afford more strikes, warn analysts

Analysts have warned that strikes could override the gains made since the easing of lockdown restrictions and the vaccination roll-outTHE LOOMING strike season over...

Kanye West sneakers shatter sale records at R25m

The record price for sneakers has been broken several times recently as what was seen as a niche market 10 years ago now attracts...

Poultry sector announces second avian flu outbreak

The SA Poultry Association has announced a second outbreak of HPAI that has occurred on a broiler breeder farm on the East Rand.THE...

Struggling SAA subsidiaries get R2.7bn funding lifeline

Treasury has tabled a Special Appropriation Bill to Parliament showing that it will make R2.7 billion available to SAA’s subsidiariesSTRUGGLING South African Airways’ (SAA)...

Bumper agricultural exports could exceed last year’s R140bn mark

South Africa’s agricultural exports could exceed 2020’s $10.2 billion (R140.2bn) this year as a result of the expected large production volumes of various crops...

The Popi Act and what it means for small businesses

The act is to ensure better data and security management as well as accountability on how businesses use public data, bringing South Africa’s privacy...

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Five recently released tracks to add to your playlist

With everyone getting ready to slip into party mode this weekend, below are a few tracks you might want to add to your playlist.By...
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