The hotel group said temporary closures will take place over the next few weeks in locations with multiple hotels.
Following the lead of competitors Standard Bank, Nedbank will also lend a hand to concerned South Africans.
In unprecedented times, it is inevitable that we see records tumble: The biggest one of the lot for the dollar to rand exchange rate almost went on Monday.
(Partner Content) The rate at which the COVID-19 virus has spread globally has left many investors feeling understandably nervous.
Department of Small Business Development is launching two initiatives to help SMMEs hardest hit by coronavirus.
The SA Reserve Bank’s decision to cut rates by 1% was unexpected, but needed. More reductions are likely in 2020 as the economy struggles.
BMW’s temporary shutdown may be a precursor for more, as automakers around the world cut back on production.
(Partner Content) Breaking news — COVID-19 is not a fad and is definitely here to stay.
Knocking 1% off of our repo and interest rates is a big deal. SARB has acted without hesitation, in a bid to lift the economy from the coronavirus gloom.
Company says all options to save the affected stores “have been exhausted”. Future of 11 Masscash stores still in the balance.
It’s like landing a knockout blow on a boxer down on the canvas. The rand value – and exchange rate with the US dollar – has been pummeled by coronavirus.
From home loans to government grants, here’s what the Red Berets have in mind.
The Reserve Bank’s Monetary Policy Committee seems certain to follow other central banks and announce a further rate cut.
The Food and Drug Retailers Index on the JSE suddenly comes to life as investors spot an opportunity while consumers stock up.
Cyril Ramaphosa – and his fellow cross-party politicians – could use a VAT refund to mitigate the disastrous economic impact coronavirus is likely to have.
As travellers cancel flights, businesses ask workers to stay home, and stocks fall, a global health crisis becomes a global economic crisis. Here’s how COVID-19 will impact poorer economies.
Minister of Employment and Labour Thulas Nxesi says individual companies are feeling the pinch and becoming ‘distressed’ due to coronavirus.
Mzansi’s dollar billionaire club – including Johann Rupert and Nicky Oppenheimer – is now officially more exclusive, due to coronavirus’ financial impact.
The Africa Travel Indaba has been cancelled and fears for tourism industry jobs increase as foreign visitors slow to a trickle.
A warning from SABRIC has addressed the threat of ‘coronamania’ – panic caused by the coronavirus – and how it’s lead to an increase in bank scams.
South Africans warned of job losses and economic contraction.
The Western Cape is spending big on key areas, says MEC Maynier speaking at the African Continental Free Trade Area (AfCFTA) summit.
NSFAS have come out fighting on Friday, after officials at the Cape Peninsula University of Technology (CPUT) said they’d failed to receive a R32m payment.
If you are required to travel for work, recent changes made by Finance Minister Tito Mboweni will affect your tax return for 2020/2021.
The financial administrators at NSFAS have struck again: Parliament has heard how an eye-watering sum of money was lost to “erroneous transactions”.