Another rate cut is on the cards
Economists expect the South African Reserve Bank (SARB) to cut interest rates further when the monetary policy committee (MPC) convenes for its scheduled meeting... Read more.
SMEs hang by a thread
Small businesses in the country might not be able to survive beyond the lockdown ... Read more.
Gauteng legislature says no to reopening schools
Gauteng lawmakers said today, that authorities must delay the reopening of schools until measures are put in place to offset risks of COVID-19 spreading in the schools.... Read more.
Dis-Chem takes over Baby City in a R430 million deal
JSE listed retailer Dis-Chem Pharmacies today announced that it had bought Baby City for R430 million in what is one of the biggest deals in a merger starved COVID-19... Read more.
Jeff Bezos set to be world’s first trillionaire – report
Amazon boss Jeff Bezos, who is already the world’s richest man is tipped to be the first trillionaire, according to a study by US based small business advice... Read more.
MTN’s data traffic surges 86% as more people work from home
Telecommunications giant MTN said today that it has experienced a surge in data traffic since the lockdown came into effect. MTN, in a statement to shareholders,... Read more.
Dept of Tourism DG’s contract extended by a further five years
Minister of Tourism Mmamoloko Kubayi-Ngubane today announced the reappointment of Nkhumeleni Tharage as the department’s accounting officer for a new five-year... Read more.
Plan to reopen schools by June 1 gets murky
Trade Unions operating in the education sector have accused the Department of Basic Education (DBE) of having rushed to announce dates for the reopening of schools... Read more.
WHO says no to smoking during COVID-19
The World Health Organisation (WHO) has reiterated that smokers are more likely to develop severe disease with COVID-19, compared to non-smokers. WHO in a statement... Read more.
Sisulu taps VBS Bank investigator to probe graft allegations in her department
Lindiwe Sisulu, the minister of human settlements, water and sanitation has tapped the lead investigator, into the collapse and malfeasance into VBS Mutual Bank,... Read more.
