Business

Fawu fires deputy general secretary. Again.

Business Paddy Harper - 22 Jun 2020

Moloko Phakedi plans to fight the decision. Again. The Food and Allied Workers Union says it will continue its inquiry into the R19-million written off in the union’s investment wing

Manuel: African nations need $40bn for debt relief

Business Thando Maeko - 18 Jun 2020

International and regional finance institutions such as the World Bank, the IMF and the AfDB have provided emergency assistance, but there still remains a funding gap to effectively fight Covid-19

Provinces yet to sign deals with private hospitals

Business Thando Maeko - 18 Jun 2020

In preparation for a spike in the number of Covid-19 cases, talks between private hospital groups and the national health department on treating patients have been concluded

Unions reject SAA severance pay

Business Sabelo Skiti - 18 Jun 2020

Labour representatives argue that the state airline just ‘expects 78% of workers to accept one week’s pay’ for each year worked

SABC plans to retrench 600 employees

Business Chris Gilili - 18 Jun 2020

Broadcaster cites “poor sales effectiveness, ineffective commercial product, old pricing models and inadequate technology infrastructure” as driving cuts

The demise of the chequebook

Business Tshegofatso Mathe - 17 Jun 2020

The use of cheques has fallen about 80% in the past decade as consumer habits shift and digital payments continue to gain traction

SAA 2.0 hopes to start lean and grow from next year

Business Sabelo Skiti - 16 Jun 2020

Draft agreement document spells out that R1.5-billion will be needed to fund severance packages for 2 400 of the airline’s employees

Labour court rules in round four of Fawu vs Fawu

Business Paddy Harper - 14 Jun 2020

More court action is likely to follow as sitting faction wins the latest round of the infighting plaguing the Food and Allied Workers Union

Covid concerns have call centres closing doors — and opening new ones

Business Lester Kiewit - 10 Jun 2020

The sector employs 60 000 people in the Western Cape alone. Whereas some centres have cut staff, others are reskilling and preparing for a different future

Families struggle with funerals under lockdown

Business Tshegofatso Mathe - 8 Jun 2020

Families have found the cultural cost of burying their loved ones under lockdown difficult to bear, but the financial costs have reduced

Prasa to dismiss four ‘Derailed’ officials

Business Sabelo Skiti - 8 Jun 2020

The passenger rails agency is to act against officials implicated in former public protector Thuli Madonsela’s 2015 report on corruption and maladministration

Ayo report: CFO acted in the PIC’s interests

Business Thando Maeko - 5 Jun 2020

A disciplinary inquiry has cleared Matshepo More of all charges, but she remains suspended

Cigarette sales ban battle looms

Business Tshegofatso Mathe - 5 Jun 2020

Tobacco companies are fighting to lift the ban on cigarette sales, but research shows people are still smoking — and this is feeding the black market

L’Oréal workers demand a shutdown of local plant, citing Covid-19 exposure

Business Sarah Smit - 2 Jun 2020

The French cosmetics company’s Midrand plant has recorded 16 Covid-19 cases in two weeks

No end to Fawu’s factional fight

Business Paddy Harper - 28 May 2020

Leaders of two competing groupings in the Food and Allied Workers Union have fired each other

Small firms adapt or die in lockdown

Business Thando Maeko - 28 May 2020

The harmful economic effect of the pandemic has seen small businesses lose out, but others have been able to survive by changing to suit the times

The ‘lockdown generation’ has been hit hardest by Covid-19

Business Sarah Smit - 27 May 2020

The government has zeroed in on youth unemployment, but the coronavirus pandemic threatens to leave young people even more vulnerable than before

High court declares Dudu Myeni delinquent

Business Sabelo Skiti - 27 May 2020

Disgraced former SAA chairperson Dudu Myeni has been declared a delinquent director by the...

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