Business

[ad_1] The president reacted after Stats SA released the most recent GDP results, which showed that the country had plunged further into recession during the national shutdown. President Cyril Ramaphosa. Image: GCIS. JOHANNESBURG – Pressure is mounting on the administration of President Cyril Ramaphosa to revive the country’s ailing economy. …

[ad_1] Communications Minister Stella Ndabeni-Abrahams says she will submit to the ANC’s integrity committee following media reports that a family member allegedly had business dealings with a board member of the ANC’s office. South Africa Post. MESS on Thursday reported that Ndabeni-Abrahams had fired Sapo’s board member after allegations that …

[ad_1] South Africa’s Clicks Group has said it will remove all TRESemme products from its shelves after an ad posted on the retailer’s website was accused of being racist. The ad, commissioned by the TRESemme hair company and posted on the Clicks pharmacies website, compared two photos of black women’s …

[ad_1] One of the calls made by Minister Khumbudzo Ntshavheni was that the health and beauty center should withdraw TRESemmé products from all its branches. Minister of Small Business Development Khumbudzo Ntshavheni. Image: Xanderleigh Dookey / EWN JOHANNESBURG – With growing criticism of a racist ad campaign for TRESemmé hair …

[ad_1] Former Eskom Board Chairman Zola Tsotsi testifies at the Zondo Commission in Johannesburg on September 8, 2020 (Photo: Gallo Images / Papi Morake) Former Eskom chairman Zola Tsotsi has explained how the SOE board approved a proposal to suspend four executives in 2015, essentially handing over power to Dudu …

[ad_1] The case was officially postponed until December on Tuesday, in Pietermaritzburg High Court, after it emerged that current travel restrictions would prevent key witnesses who were abroad from testifying on the matter. FILE: Former President Jacob Zuma appears in Durban High Court on June 8, 2018 on charges of …

[ad_1] Beawiharta Beawiharta / Reuters Summary list location Oil futures fell on Monday, their longest drop since April, as Saudi Arabia made sharp price cuts for crude destined for Asia to help stimulate demand. Moderna, a candidate for the COVID-19 vaccine, said it would slow down its enrollment in the …

[ad_1] By IOL Reporter 1 hour ago Share this article: SharecheepShareShareShareE-mailShare Durban – A pointing a firearm charge was opened at Walmer Police Station in Port Elizabeth after a woman pulled a firearm at EFF protesters on Tuesday. Police spokesman Brigadier Tembinkosi Kinana said members headed to the station after …

[ad_1] The state’s capture investigation on Tuesday heard how controversial former SAA board chair Dudu Myeni learned intimate details about Eskom’s inner workings and suggested solutions to repair the power company despite not being in its service. This came up during the testimony of former Eskom president Zola Tsotsi. Tsotsi …

[ad_1] President Cyril Ramaphosa says that the decline in South Africa’s GDP during the second quarter of 2020 reflects the severe impact of the global coronavirus pandemic on the economy and should prompt all South Africans to do everything possible to help rebuild the economy. Although the contraction of 16.4% …