Eskom forced to sell non-core assets at a loss
Eskom needs every cent it can recoup to plug its debt, which stood at R464 billion by the end of March.ESKOM is set to...
Absa breaks silence on Daniel Mminele’s stepping down
Absa is working on a separation agreement with group chief executive Daniel Mminele, the bank announced through a JSE Sens statement.ABSA bank has announced,...
Absa confirms Daniel Mminele is leaving the group over ‘divergent professional...
Absa cited the reason for group chief executive Daniel Mminele’s departure as: “The parties have not managed to achieve alignment in relation to the...
Cash-strapped Africa overwhelmed by Covid vaccine challenge
Many African countries, already facing a shortage of affordable vaccines, are being stunned by the unprecedented scale of the distribution challenge when doses do...
Fragile economy can’t afford more strikes, warn analysts
Analysts have warned that strikes could override the gains made since the easing of lockdown restrictions and the vaccination roll-outTHE LOOMING strike season over...
Kanye West sneakers shatter sale records at R25m
The record price for sneakers has been broken several times recently as what was seen as a niche market 10 years ago now attracts...
Poultry sector announces second avian flu outbreak
The SA Poultry Association has announced a second outbreak of HPAI that has occurred on a broiler breeder farm on the East Rand.THE...
Struggling SAA subsidiaries get R2.7bn funding lifeline
Treasury has tabled a Special Appropriation Bill to Parliament showing that it will make R2.7 billion available to SAA’s subsidiariesSTRUGGLING South African Airways’ (SAA)...
Bumper agricultural exports could exceed last year’s R140bn mark
South Africa’s agricultural exports could exceed 2020’s $10.2 billion (R140.2bn) this year as a result of the expected large production volumes of various crops...
The Popi Act and what it means for small businesses
The act is to ensure better data and security management as well as accountability on how businesses use public data, bringing South Africa’s privacy...
