Kabelo Khumalo

Business

Owners of Edgars file for business rescue, 40 000 jobs on the line

29th April 2020

More than 40 000 jobs are at risk at troubled retailer Edcon after the company’s board decided to file for business rescue....

Business

Company slapped with a R11 million fine for COVID-19 price gouging

29th April 2020

The Competition Commission has slapped Matus, a company with operations in Cape Town, Johannesburg and Durban with a R11, million fine for...

Breaking News

SADTU rejects govt’s schools reopening plan

29th April 2020

South African Democratic Teachers’ Union (SADTU), the country’s largest teachers union said today, it rejects the government ‘s plan to reopen schools...

Covid-19

UIF pays out more than R4bn in COVID-19 benefits

28th April 2020

After getting off to a slow start, the Unemployment Insurance Fund (UIF) said today, it has paid out more than R4, billion...

News

Global COVID-19 cases pass three million mark

28th April 2020

The novel COVID-19 confirmed cases breached the three million mark overnight with more than 210 000 people having succumbed to the virus...

Business

Wealth inequality in SA has remained stable since 1993 – UN University

28th April 2020

Research by the United Nations University has laid bare the inequality that exists in South Africa, with just 3500 people said to...

Business

SA workers in panic mode over virus

26th April 2020

Employees worried about job losses  Research fintech company, CompariSure, has revealed the state of panic of South African workers in the midst...

Business

Covid-19 pandemic exposes SA economy’s weaknesses

26th April 2020

The importation strategy is failing the country

Business

Sanlam sales staff cry foul over loans

26th April 2020

Insurance giant Sanlam has got on the wrong side of its sales representatives after the company offered them loans instead of salaries...

Business

Reforms key to revival of ailing SA economy

26th April 2020

Business leaders hope president will not waver