Business

South Africa has been junked

Treasury says the credit ratings downgrade “could not have come at a worse time”, as country enters a 21-day Covid-19 lockdown with little money saved up

Covid-19’s impact on small biz

Small businesses are choosing to adapt and upgrade their offering in order to keep their heads above water until Covid-19 is contained

New power providers to be authorised

The energy department last week took out a draft of determinations proposing more than 13000MW of power to be supplied

New purpose in the face of Covid-19

One company is Durban has turned to producing protective face masks

Inclusion boosts the bottom line

New research shows that while South African organisations have made strides in achieving greater diversity and transformation, too many people still feel excluded in workplaces – and this has significant consequences for productivity and company performance

The South African economy: Nobody knows what happens next

Rough models show that over R600-billion in GDP could be lost, along with two million jobs. That would mean Covid-19 has a worse impact than the 2008 global recession

SAA staff placed on forced leave as airline cancels flights during lockdown

Employees at the embattled state-owned airline have been forced to take leave as SAA cancels all flights during South Africa’s lockdown

Moody’s could hold decision on SA downgrade — for now

The ratings agency is expected to say on Friday whether it will downgrade SA’s credit rating to junk, but it could hold off until the Covid-19 pandemic eases

Government reprioritising funds to fight Covid-19

The economic cluster of ministers has expanded on the measures announced by the president to cushion South Africa as it enters 21 days of lockdown

Covid-19: ‘Unemployment benefits will not be extended to the informal sector’

Almost three million workers are not covered by measures implemented by the department of employment and labour to lessen the economic effects of the coronavirus

South Africa’s economic plan for Covid-19

Relief for small businesses, tax breaks, employment incentives — Ramaphosa’s drastic measures to fight the effects of Covid-19

Rights group wins court bid against Engen

The Right2Know Campaign has been allowed to join a court case against Engen, which used the Regulation of Gatherings Act to ban protests outside its Durban refinery

SA Express business rescue practitioners to throw in the towel

With Covid-19 halting air travel, labour unions have been told that lack of post-commencement funding and travel bans have forced airline to the point of no return

Mboweni’s tricky juggling act

Covid-19 has put a strain on the limping economy and something must be done to keep it going

SAA endgame arrives as Covid-19 hits airlines

With the disease hitting the airline industry hard, SAA has told employees it will run out of money by March 31. Workers must either lose their jobs or move to part-time jobs, it says

Repo rate cut by 100 basis points

This takes the rate to 5.25% per annum, from 6.25%

Gig workers are at the front line of pandemic

There is evidence that platform workers worldwide have unfair work conditions and lack benefits and protections afforded to employees

Public works to dissolve IDT

The infrastructure entity is slated to be terminated after years of poor performance

Press Releases

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders

Dimension Data launches Saturday School in PE

The Gauteng Saturday School has produced a number of success stories