Business

[ad_1] Liverpool are reportedly close to signing Diogo Jota in a deal reminiscent of Fabinho’s arrival in 2018. One report suggests why that is the case. As you’ve probably heard, Liverpool are reportedly closing in on a deal for the Wolves’ Jota. This Sky Sports report states that the move …

[ad_1] Songezo Mjongile (Archive) Tributes are coming to former ANC provincial secretary Songezo Mjongile, who died. He announced in April that he had been diagnosed with colon cancer. His death on Thursday came as a shock to friends and fellow politicians who held him in high regard. The ANC Youth …

[ad_1] Supporters of Herman Mashaba’s recently launched political party, Action SA, are optimistic that it is the change that all South Africans need. On Thursday, Mashaba announced her party’s registration with the SA Electoral Commission (IEC). He said the party began the process shortly after its launch on Aug. 29. …

[ad_1] Aviation company Comair has announced that a majority of its creditors and shareholders have voted to adopt the business rescue plan. In terms of the business rescue plan, the preferred investment consortium, comprised of several former Comair board members and executives, will invest new shares of R500 million in …

[ad_1] It appears that the Department of Public Enterprises is putting its last hope of saving South African Airways (SAA) in that lenders are willing to pay the bill and provide R10.5 billion, or a portion thereof, to begin implementing the business rescue plan and restructuring. The airline. In a …

[ad_1] South Africa should know the true death toll of the coronavirus pandemic in a few weeks, says the chairman of the Covid-19 Ministerial Advisory Committee, Professor Salim Abdool Karim. In an interview with AAssociated press, Karim said that the official death toll from Covid-19 is more than 15,700, but …

[ad_1] Telkom landline and enterprise business lines have been hit due to the Covid-19 shutdown, but its consumer mobile phone business is flying, with Telkom Mobile overtaking Cell C to become South Africa’s third-largest mobile operator. In a market update published on the JSE stock exchange news service on Friday …

[ad_1] The Minister of Cooperative Governance and Traditional Affairs (Cogta), Nkosazana Dlamini-Zuma, has published a series of directives that describe the country’s move towards a level 1 blockade and the new rules in force. In the first directive, Dlamini-Zuma confirms that the country will move to a level 1 blockade …

[ad_1] SAA’s business rescue professionals received a letter from the government, prior to a meeting of creditors, stating that it was committed to providing funds to the troubled state airline. A meeting of creditors was called for Friday to review SAA’s business rescue plan after the money needed to finance …

[ad_1] Fairmont Zimbali Resort The Fairmont Zimbali Resort has been put on corporate bailout. Its Kuwait-based owner, IFA Hotels & Resorts, first invested in the hotel in 2003. South Africa hotels have been hit hard by the prolonged closure. Last month, the US hotel giant Marriott resigned its contract to …