Covid-19 might be the final nail for SAA – Expert
The decision by embattled South African Airways (SAA) to suspend all international and regional flights until the end of May in response to South Africa’s new... Read more.
Ramaphosa to address the nation tonight as confirmed cases climb to 274
President Cyril Ramaphosa will tonight address the nation on what other measures his administration will take to combat the spread of the Covid-19, with the number... Read more.
Bank announces debt relief for SMMEs and students
Standard Bank on Sunday became the first lender to announce measures to assist small businesses battered by the spread of the Covid-19 virus. The bank, which is... Read more.
Eskom receives R150m windfall from Deloitte in out of court settlement
Accounting firm Deloitte on Friday agreed to pay back Eskom R150 million and avoid a court showdown. Deloitte in a statement said the settlement agreement it had... Read more.
Peter Moyo ditches Nedbank
Former Nedbank CEO Peter Moyo has resigned from the Nedbank board, fresh from losing his latest attempt to force Old Mutual to stop appointing a new CEO.... Read more.
Eskom launches an investigation into its COO
The Eskom board on Friday announced that it had launched an investigation into its under fire chief operation officer Jan Oberholzer following allegations of corruption... Read more.
Government announces massive penalties for retailers that allow stockpiling
South Africa’s government has introduced stern measures to curb panic buying and excessive price increases meant to take advantage of desperate consumers in the... Read more.
Coronavirus forces steep interest rate cut
The South African Reserve Bank this week took markets by surprise, slashing interest rates by a whopping 100 basis points from 6.25% to 5.25% with effect from tomorrow.... Read more.
Gathering restrictions hit gambling industry
The National Gambling Board (NGB) has cautioned the public to avoid the temptation of resorting to illegal gambling operators following the declaration of a national... Read more.
Wits law students lose urgent application to stop evacuation
The Joburg High Court this morning dismissed an urgent application by two Wits law students who wanted to bar the institution from evacuating students from residences in... Read more.
