Business: Telkom shares are snubbed for cash proposal

Telkom investors have snubbed the board’s request for a regularly occurring authority in the issuance of shares in the telecoms corporation for cash on the grounds the pass could dilute current shareholding structure. The shareholders…

Payments for UIF Covid-19 TERS were again halted to resolve gaps found by AG

Business: Payments for UIF Covid-19 TERS were again…

The payments for the new and high-quality applications for the Covid-19 TERS remedy benefits have been halted while the Department of Employment and Labour and the Unemployment Insurance Fund (UIF) improve controls as urged by…

Ghana- Nigeria Trade Tensions

Business: Nigeria- Ghana Trade Tensions

Kenya's hospitals are seeing 50-60% fewer medical institution visits due to the covid-19 pandemic. A Kenyan company has developed a smartphone software that allows sufferers to get the remedies they need. Starting at US$10 per…

South Africa: Economy Down by 51% in 2nd Quarter

Business: Economy Down by 51% in 2nd Quarter…

South Africa's economy, the most industrialised in Africa, collapsed by using 51% between April and June in light of the Covid-19 pandemic, according to the country's information agency. An unheard of decline in GDP used…

African Bank signs a R8bn aid deal with shareholders

Business: African Bank signs a R8bn aid deal…

African Bank stated on Monday that it had entered into an R8 billion help arrangement with its shareholders to re-enter the South African wholesale funding market. The bank, which is a one hundred percentage subsidiary…

Unilever to rid the fossil fuel cleaning goods by 2030

Business: Unilever to get rid of the fossil…

When a company units a aim to reach zero emissions inside decades, it has to begin cutting carbon on each and every possible front. For Unilever, that skill spending $1.2 billion (R19.89 billion) to assist…

Ethiopian Airlines Group could aid SAA

Business: Ethiopian Airlines Group could aid SAA

Ethiopian Airlines Group is amongst corporations in talks with South Africa’s government about potentially supplying aid to the country’s insolvent kingdom airline, in accordance to people familiar with the matter. Africa’s biggest service is thinking…

If lockout laws continue to be flouted we will shut down the beer taps-brewers

If lockdown laws continue to be flouted we…

The Beer Association of South Africa, which incorporates the Craft Brewers Association South Africa, Heineken and the South African Breweries, on Wednesday threatened to reduce alcohol provide to establishments flouting the Covid-19 alert level 2…

South Africa in Talks With Keen Investors in State Airline South African Airways

South Africa: Talks With Keen Investors in State…

South Africa‘s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs at least 10 billion rand ($583 million) to resume operations. A team from the Department…