Business

Sasol seeks life-saving plan

Article Thando Maeko - 19 Mar 2020

The company plans to raise as much as $2-billion from its investors as it grapples with plunging oil prices and high debt levels

CCMA closes doors to Covid-19

Article Sarah Smit - 19 Mar 2020

The statutory body mandated to deal with workplace disputes released an urgent directive postponing all matters set down to be heard between March 18 and April 14

South Africa, you really don’t need to stockpile groceries

Article Tshegofatso Mathe - 19 Mar 2020

Experts emphasise that South Africa is a net exporter and there is enough food for us all

South Africa’s travel ban commences

Article Tshegofatso Mathe - 18 Mar 2020

The travel restrictions will allow South Africa to turn back passengers arriving from areas affected by Covid-19 that are deemed high risk

‘Protect your workers’ against coronavirus

Article Sarah Smit - 17 Mar 2020

The labour department has called on employers to implement measures to minimise threat of Covid-19 to South Africa’s workforce

Coronavirus: Nedlac says it’s no longer business as usual

Article Sarah Smit - 16 Mar 2020

A special executive committee meeting of business, labour and government was held on Monday to discuss a common programme to slow down the spread of Covid-19

Gatherings of 100 banned but Parliament will sit to pass budget

Article Lester Kiewit - 16 Mar 2020

Parliamentary leaders are expected to meet this week to discuss the impact of restrictions on the work of the legislative branch of Government.

Ramaphosa pledges Covid-19 economic stimulus package

Article Thando Maeko - 15 Mar 2020

With the South African economy already feeling the effects of Covid-19, the president has promised a stimulus package

Compensation Fund capacity grilled

Article Sarah Smit - 12 Mar 2020

Despite fears that backdated claims by domestic workers may cripple the beleaguered Compensation Fund, the labour department said it will honour its legal obligations

Face masks from SA to the world

Article Thando Maeko - 12 Mar 2020

As Covid-19 continues to spread, resulting in a global shortage of face masks, Centurion-based manufacturer U-Mask is coming to the rescue of thousands

Coronavirus and the economy: We didn’t prepare for tough times

Article Tshegofatso Mathe - 12 Mar 2020

South Africa was well-placed for the 2008 crisis. But R3.18-trillion debt and low growth hamper its ability to limit the economic effects of Covid-19

PIC commission – Matjila acted improperly in Ayo deal

Business Thando Maeko - 12 Mar 2020

The report by the commission that investigated the Public Investment Corporation says the fund manager’s former CEO lied about his involvement in its R4,3-billion investment in Iqbal Surve’s Ayo Technology

Amcu deputy president gets the axe

Article Sarah Smit - 12 Mar 2020

Meanwhile the union’s registration is once again in jeopardy, this time over the union’s finances and the legitimacy of its leadership

SAA’s choice: Restructure and cut 2 200 jobs or liquidate and lose 4 700

Article Thando Maeko - 10 Mar 2020

The business rescue practitioners say 29 of the fleet of 48 planes, various routes and inefficient services also need to go in the state-owned airline is to survive

African free trade is vital for growth

Article Tshegofatso Mathe - 6 Mar 2020

Negotiators are scrambling to meet the July 1 deadline for the world’s second-biggest trading agreement, which could boost continental trade

SAA rescue costs us social reforms

Article Khaya Sithole - 6 Mar 2020

As with the ban on SAA flying to the United States in 1986, political pragmatism will eventually be trumped by economic realities

GDP is stuck in the doldrums

Article Thando Maeko - 6 Mar 2020

The latest economic figures and the effect of the coronavirus on the global economy are bad news for South Africa’s already tepid domestic growth outlook