Owners of Edgars file for business rescue, 40 000 jobs on the line
More than 40 000 jobs are at risk at troubled retailer Edcon after the company’s board decided to file for business rescue. The company said that it has lost ... Read more.
Company slapped with a R11 million fine for COVID-19 price gouging
The Competition Commission has slapped Matus, a company with operations in Cape Town, Johannesburg and Durban with a R11, million fine for price gouging. The company... Read more.
SADTU rejects govt’s schools reopening plan
South African Democratic Teachers’ Union (SADTU), the country’s largest teachers union said today, it rejects the government ‘s plan to reopen... Read more.
UIF pays out more than R4bn in COVID-19 benefits
After getting off to a slow start, the Unemployment Insurance Fund (UIF) said today, it has paid out more than R4, billion to workers and employers affected by COVID-19.... Read more.
Global COVID-19 cases pass three million mark
The novel COVID-19 confirmed cases breached the three million mark overnight with more than 210 000 people having succumbed to the virus so far. Data was collected... Read more.
Wealth inequality in SA has remained stable since 1993 – UN University
Research by the United Nations University has laid bare the inequality that exists in South Africa, with just 3500 people said to own more wealth than 32 million... Read more.
SA workers in panic mode over virus
Employees worried about job losses Research fintech company, CompariSure, has revealed the state of panic of South African workers in the midst of Covid-19. CompariSure’s... Read more.
Covid-19 pandemic exposes SA economy’s weaknesses
The importation strategy is failing the country... Read more.
Sanlam sales staff cry foul over loans
Insurance giant Sanlam has got on the wrong side of its sales representatives after the company offered them loans instead of salaries for April as Covid-19 weighs... Read more.
Reforms key to revival of ailing SA economy
Business leaders hope president will not waver... Read more.
