SA’s R200bn COVID-19 loan scheme to businesses ready to accept applications
South African businesses are now free to apply for COVID-19 loan guarantee scheme announced by President Cyril Ramaphosa last month. The scheme is part of government’s... Read more.
Council for Medical Schemes boss succumbs to COVID-19
The Council for Medical Schemes (CMS) said today, its chairperson Clarence Mini has died due to complications related to the deadly COVID-19. The Council in a statement... Read more.
Pick n Pay drops exclusivity contracts at malls
Retail giant Pick n Pay said it will embrace the recommendations of the Competition Commission report and not enforce exclusivity contracts in shopping malls which... Read more.
Multi-billion rand windfall for Vodacom’s shareholders
Telecommunications giant Vodacom today reported its full year results which shows a surge in subscribers and strong revenue growth. The group said it will proceed... Read more.
Owners of Kulula file for business rescue amidst COVID-19 aviation bloodbath
Comair, the owner of budget airline Kulula has become the first listed company to buckle under the weight of COVID-19 after the airline announced it will enter business... Read more.
Teacher unions flex muscles
Safety oversight role demanded... Read more.
Vodacom switches on 5G in JHB, Pretoria and Cape Town
Telecommunications giant Vodacom said today, it had switched on live 5G mobile network in the economic hubs of Johannesburg, Pretoria and Cape Town. The company... Read more.
Phumelela Gaming & Leisure on the brink of bankruptcy
South Africa’s largest horse racing operator, Phumelela Gaming and Leisure, said today, it was facing bankruptcy. Phumelela said it had suffered losses of R115.... Read more.
SA Covid-19 deaths rise to 131
The number of confirmed COVID-19 cases in South Africa has shot up to 6783, Health Minister Zweli Mkhize said on Sunday. The total number of deaths has also risen... Read more.
S&P Global Ratings sends SA deeper into junk status
Rating agency S&P Global Ratings cut South Africa’s credit ratings further into junk status last night but revised its outlook from negative to stable. The... Read more.
