The sobering economic realities of the the COVID pandemic are starting to hit home. Cyril Ramaphosa may now introduce ‘new taxes’ in his Recovery Plan.
First phase of large multi-use project opened this week, with its new high-tech hotel scheduled to open next month.
Despite a modest opening up of air travel, the global airline industry is still losing R214-billion a month, warns industry body.
(Partner Content) Global equity markets were broadly negative in September, largely due to elevated risk aversion on the back of a second wave of Covid-19 infections in the UK and Europe, and concerns over the extent to which the global economy will recover from the Covid-19 pandemic.
The agreement to sell half of its much-troubled Lake Charles project in the US will help cut Sasol’s massive debt by around 20%.
Stats SA released the quarterly Labour Force Survey and it’s not looking good. Several industries recorded devastating unemployment figures.
You might have to read these figures from behind the sofa: The unemployment rate has soared in the previous quarter, after lockdown took its dramatic toll.
Collaboration with NASA takes Estée Lauder’s new product launch to undreamed of heights 400km above the Earth.
South African consumers are continuing to turn to private label products as they seek optimum value for money.
TFG has now received the go-ahead from the Competition Tribunal and has acquired 420 Jet outlets – more than originally agreed.
Thanks to shrewd saving and a resurgence in insurance and pension values, South Africa’s households maintained asset wealth in 2019.
Are you new to the world of credit? Know the score when it comes to buying big-ticket items and keep out of financial trouble.
The total income generated by the food and beverages industry decreased by over 50% in July 2020 compared to July 2019.
Kuwaiti-based owners say prolonged lockdown and limited government support has eroded the five-star property’s revenue base.
(Partner Content) It’s a natural human instinct to avoid losses, but in fact you will likely be doing your portfolio more harm than good by playing it completely safe in a recession like the present. Here are five tips on how to make the best of the current conditions.
(Partner Content) Several strategists expect the dollar to stay down for quite a long time before a good enough recovery.
(Partner Content) Global equity markets were broadly positive in August, largely on the back of advancements in the development of a Covid-19 vaccine, the broad-based resumption of global economic activity and growth, and the announcement of a new approach to average-inflation targeting by the US Federal Reserve.
While Stats SA announced that SA’s economy recorded a historic slump, consumers on the other side of the equation also felt the severe pinch.
The COVID-19 Ters benefit payments were introduced by government after the country went into lockdown
Statistics SA, has on Tuesday 8 September, reported a shockingly steep decline of the GDP due to the pandemic and lockdown.
Hotel group is one of many to be severely impacted by the lockdown and consequent closure of its properties.
Bank plans to reduce staff by around 38% as it struggles with the impact of the pandemic and more consumer demand for digital services.
Management is wary of a possible second wave of infections that would interrupt trading and affect profitability yet again.
(Partner Content) In this article, we take a closer look at how this works, as well as certain factors that you may want to consider when deciding how best to allocate your tax refund.
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