Kabelo Khumalo

Business

SA Reserve Bank now expects SA economy to plunge by 6.1% this year

14th April 2020

The South African Reserve Bank (Sarb) said today, it now expects the economy to plunge by a massive 6.1% this year as...

Covid-19

UJ vice-chancellor pledges 33% of his salary to COVID-19 relief fund

14th April 2020

The University of Johannesburg vice-chancellor, Tshilidzi Marwala, said today, he will forgo 33% of his salary and donate it to COVID-19 relief...

Business

Sarb cuts interest rates to 4.25%

14th April 2020

The South African Reserve Bank (Sarb) today, in a surprise move, slashed the benchmark repo rate by another 1% to 4.25%. The...

Business

Capitec’s client base surges to nearly 14 million

14th April 2020

  Capitec Bank said today, it has registered 2.5 million new clients in the financial year ended February, Taking its client base...

Covid-19

Wits scientist part of global team looking for a COVID-19 vaccine

14th April 2020

  South Africa’s scientist, Shabir Madhi, has been named as part of a global team of experts on the hunt for a...

Breaking News

Gauteng Liquor Forum threatens Ramaphosa with legal action

12th April 2020

  The Gauteng Liquor Forum, which claims to represent 20 000 liquor businesses, is threatening to take President Cyril Ramaphosa to court...

Breaking News

Bheki Cele Stands Firm On No Alcohol Sales

11th April 2020

  Police Minister Bheki Cele has come out guns blazing against mounting calls for government to allow the sale of alcohol during...

Business

FNB, WesBank and RMB bosses take 30% salary cuts

11th April 2020

FirstRand, owners of FNB, Rand Merchant Bank (RMB) and WesBank said today, the group’s CEO, chief operating office and chief financial officer...

Breaking News

Open taverns – booze industry lobbies government

11th April 2020

Key players in the lucrative alcohol industry have warned that the industry is bleeding billions of rands in lost revenue due to...

Breaking News

SA Covid-19 deaths rise to 24 as infection cases pass 2000 mark

10th April 2020

South Africa’s COVID-19 death toll has risen to 24, Health Minister Zweli Mkhize said today. Mkhize also said the total number of...