The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the Cinema Exhibitors Association of Nigeria (CEAN), said in a statement on Tuesday in Lagos that cinema lovers would enjoy discounted […]
The government is set to dip into its own pocket to bail out SAA and retailer the struggling airline from liquidation while asking quite a number lenders to finance the R2 billion retrenchment process. The Department of Public Enterprises (DPE) on Friday established that it would existing an Adjustment Appropriation Bill in Parliament to reprioritise […]
South Africa’s Rand Merchant Bank, the funding banking arm of FirstRand Ltd., has been appointed as an adviser to assist the government examine offers for stakes in its insolvent countrywide airline, according to two humans acquainted with the situation. The state is looking to elevate greater than 10 billion rand ($575 million) that South African Airwaysadministrators […]
Finance Minister Tito Mboweni has hit back at claims by the DA that National Treasury plans to extend a bailout to help fund the business rescue process of flag carrier South African Airways. This after the main opposition party announced on Friday that it had filed an urgent interdict application in the Gauteng High Court […]
Zero-based budgeting will be instrumental in curbing public debt, according to Business For South Africa. The organisation, which represents a vast majority of business organisations in the country, on Friday released a 12-point economic recovery plan, estimated to require R3.4 trillion over the next three years. During a briefing on the plan, B4SA’s Martin Kingston […]
Finance Minister Tito Mboweni is a man who is not above using humour to get a sincere point across. He also does not believe that he should hold his tongue simply because his views are diametrically opposed to the views of institutions he represents. As he prepares to submit his supplementary budget speech in Parliament […]