Business

April 6, 2020

Gordhan’s deep structural reforms for SA’s state-owned enterprises

It may look like Public Enterprises Minister Pravin Gordhan has been out of the spotlight due to government’s drive against the Covid-19 Coronavirus pandemic.
April 6, 2020

Covid-19: Relief for informal businesses – but they’ll have to register

As the economy buckles under the weight of the lockdown, Minister Khumbudzo Ntshavheni has announced a few measures to help small business through this trying time.
April 6, 2020

SA not among 20 countries asking IMF for help, but exploring all financing options

Fitch downgrade a fresh blow as country battles Covid-19 fallout, but does not join 20 SSA countries asking IMF for help.
April 5, 2020

Sars collects more tax, but is missing targets

More than R100 billion in state revenue has been lost because of taxpayers who have failed to comply with their tax obligations, those who aggressively avoided taxation and those who openly defrauded the revenue collector.
April 5, 2020

We must end the world’s inequality

The Covid-19 coronavirus and the response of authorities in proclaimed democratic states around the world to the pandemic have clearly shown that while all citizens are notionally equal, some are more equal than most others – with a minority much mor
April 5, 2020

Gold still shines as investment

When the world is in turmoil, investors usually rush to get their hands on gold, and the past 18 months have been no different, as there has been a strong uptick in the gold price over the past 18 months.
April 3, 2020

Friends & Friction: We must build a nation of self-respecting, productive citizens

South Africa is on the precipice, and President Cyril Ramaphosa’s speech on the Covid-19 coronavirus lockdown reminded me of PW Botha’s Rubicon speech. The one thing that they have in common is the military taking over our streets.
April 3, 2020

Saldanha oil tanks off limits to many as market floods

Oil tanks at one of the world’s largest storage hubs are filling up fast, reported people familiar with the matter, depriving many traders of vital capacity just as the market has been hit by a historic flood of crude.
April 2, 2020

Pilgrim’s Rest gets set for a new gold boom

Australian company Theta Gold Mines has so far injected about R1 billion into establishing a mine in the historical gold mining Mpumalanga town of Pilgrim’s Rest, a heritage site.
April 1, 2020

Essential business support

The IDC head TP Nchocho told Gayle Edmunds how the corporation will assist essential businesses and production during the shutdown and beyond.
March 30, 2020

What the Moody’s downgrade means for SA

It was perhaps no surprise that ratings agency Moody’s finally downgraded South Africa’s credit rating to junk or sub-investment grade last Friday.
March 29, 2020

$252bn lost as airlines lose flight

Government restrictions on flights following the Covid-19 coronavirus pandemic have led to a 98% decline in airlines’ passenger transport income, says the International Air Travel Association (IATA).
March 29, 2020

Covid-19 ... the economy killer

A sharp economic contraction of 1.2% worldwide, and an accompanying 2% contraction for South Africa, are expected as a result of the Covid-19 coronavirus.
March 29, 2020

Aviation sector will collapse without state intervention

Fears are mounting in the aviation sector that commercial airlines will not survive without significant financial assistance from government should there be a need to extend the current 21-day lockdown.
March 28, 2020

Covid-19 hits oil-producing countries hard

Kazakhstan’s long-standing leader calls it a “perfect storm”.
March 27, 2020

How do we save SA?

The virus has wiped billions off stock exchanges globally. Now may be the time to re-evaluate and promote domestic private investment, writes Lumkile Mondi.
March 26, 2020

Winning Women: Dineo Lioma’s big plans for artificial intelligence in the world of medicine

Engineer, biotech innovator and businessperson Dineo Lioma plans to use artificial intelligence in the world of medicine, which might help to prevent the spread of tuberculosis and even viruses such as Covid-19 in the future.
March 27, 2020

Eskom is way off target

Power utility predicts ongoing shortage of 2 000MW in generating capacity as its number lags at 61%, missing a target of 73%.
March 26, 2020

How should companies ‘be good’ in the time of Covid-19?

In a world where stakeholders are tired of corporate spin, what is needed for business to show that it cares?.
March 26, 2020

SA’s economic firepower now vs what it was during the 2008 crisis

South Africa emerged from the 2008 global financial crisis in strong position thanks to robust economic growth and a budget surplus when the downswing came.
March 26, 2020

Friends & Friction: This crisis will send 4IR into overdrive

Times are tough for everyone, but those who are quick-witted and have an unwavering will to win will survive. It has been said many times before and it is still true today – it’s business unusual.
March 25, 2020

Did the PIC inquiry acquit itself well?

Sadly, misdirection and textbook sophistry leave a sour taste on one of the most consequential commissions of inquiry since the advent of our constitutional democracy.
March 25, 2020

No loadshedding during 21-day lockdown, says Mantashe

Mineral Resources and Energy Minister Gwede Mantashe has assured South Africans that the chance of loadshedding during the 21-day national lockdown is highly unlikely.
March 25, 2020

How a pandemic underscores the importance of internet access

Vodacom recently became the first mobile network operator to reach what has been described as a “historic settlement” with the Competition Commission – an independent statutory body established to regulate competition between firms in the market – following an inquiry into the data services market.
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April 5 2020