PREMIUM!
Ian Khama’s advice to Ramaphosa on the Eskom crisis
The former Botswana leader was briefly in SA this week.
Whatever happens around the world, however, South Africa has to address the specific issues that are holding its economy back.
PREMIUM!
Some respite, but agriculture sector still needs more rain
A favourable prospect would be that there was a sufficient amount of rain to aid farmers in the pollination season, an agri expert said.
The embattled group aims to reduce its debt by R8.1 billion by March 2021.
PREMIUM!
Multibillion-rand SA-China trade relationship keeps on growing
China’s investment and project financing in South Africa has reached more than $25 billion, which has created over 400,000 jobs for locals.
The share price has rebounded after the recent huge sell-off, but investor confidence needs rebuilding to reverse the last few years’ losses.

Solidarity backtracks on SAA after meeting business rescue practitioner

Solidarity will keep a close eye on the process to ensure no government interference, its CEO Dirk Hermann said.

Make plans to pay Eskom bills, Scopa tells municipalities

However, municipalities are also owed more than R165bn for power by government departments, businesses and households.

Unions want a hand in choosing SAA business rescue practitioner

There should be more than one practitioner, and unions want to be involved to ensure transparency, they say.

Turbulence ahead for SAA restructuring – experts

The process to decide if the airline could be rescued could take a few months if not a year, instead of the usual 25 business days.

Sanral extends existing e-tolls contract for another three months

Much confusion continues to prevail about the future of the controversial tolling system.

Bosasa’s controversial Lindela centre for migrants sells for R60m

It is not yet clear what will be happening to the undocumented migrants at the nine-building facility.

PIC says liquidation bid against Sekunjalo ‘strictly commercial’ after motives questioned

It has recently been criticised by, among others, ANC secretary-general Ace Magashule and deputy secretary-general Jessie Duarte.

Gordhan offers the details of SAA going into business rescue from today

The minister said it would be part of ‘an orderly and methodical restructuring process at SAA’, and government will no longer be able to meddle.

Govt trying to save Saldanha Steel from cheap imports slammed by smaller steel firms

Government has come under fire for trying to keep Saldanha Steel, a subsidiary of ArcelorMittal South Africa (Amsa) open at all cost, to the extent of resorting to protectionist tactics that adversely affect downstream steel firms.

Ramaphosa orders that SAA be placed in urgent business rescue

The presidency has expressed concern that the news was leaked in an unofficial manner, but has nevertheless confirmed it.

WATCH: Gavin Watson’s Porsche sells for just R500K at auction

There has been a huge turnout at the company’s facilities in Krugersdorp despite the wet and chilly weather.

Some business owners oppose City of Cape Town’s business park plan

The City wants to turn part of the Racing Park into emergency housing units.

This has been the fourth GDP contraction under Ramaphosa’s watch

South Africa’s latest gross domestic product (GDP) figures mark the fourth quarter of decline during President Cyril Ramaphosa’s tenure.

PREMIUM!
Find a lasting taxi industry solution ‘or ruin the sector’

Find a lasting taxi industry solution ‘or ruin the sector’

Taxi World editor Joel Mafenya calls for an end to the carnage and urges government to be ‘proactive’ not ‘reactive’.




 

 

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