Business

[ad_1] EFF members at Clicks stores in Durban CBD during the national closure of all Clicks outlets. Gallo Images / Darren Stewart The EFF in KwaZulu-Natal claims that it successfully closed many Clicks stores in and around major shopping centers in and around Durban. Party leaders gathered at Clicks on …

[ad_1] Second-quarter GDP data will be released on Tuesday, with analysts polled by Reuters forecasting a quarter-on-quarter contraction of more than 40%. JOHANNESBURG – The South African rand fell on Monday, as investors abandoned the currency a day before gross domestic product data was expected to show a massive contraction …

[ad_1] By Bloomberg 6h ago Share this article: SharecheepShareShareShareE-mailShare INTERNATIONAL – A Japanese billionaire said on Twitter that he had lost 4.4 billion yen (693.12 million rand) trading stocks amid the volatile swings caused by the pandemic. In a tweet titled “Deep Regrets,” Yusaku Maezawa, founder and former CEO of …

[ad_1] Marketing strategies seem not to be working these last days. First, it was Clicks’ racially insensitive ad, now KFC has been accused of offending Tsonga culture. Tweeting a picture from an episode of Family Feud SA, the contestants from the Ngubenis family were proudly dressed in their traditional Tsonga …

[ad_1] By Sisonke Mlamla 11h ago Share this article: SharecheepShareShareShareE-mailShare Cape Town: The Cape Town transport portfolio committee said the SA Passenger Railways Agency (Prasa) continued to fail to get the Central Line up and running and claimed the organization had completely neglected the line busiest in Cape Town even …

[ad_1] Party leaders on Monday provided an update on policies adopted during their virtual political conference over the weekend. FILE: President of the Federal Council of DA, Helen Zille. Image: Sethembiso Zulu / EWN CAPE TOWN – Democratic Alliance (DA) federal council chair Helen Zille said Monday the party will …

[ad_1] The government says that engaging in illegal behavior is not a responsible way to resolve a conflict. This after several Clicks stores were vandalized Monday after a hair ad that sparked outrage. More than 400 stores were attacked during the protest action. The government has noted public outrage over …

[ad_1] A cemetery in Cape Town. Photo: Jenni Evans, News24 News 24 The Actuarial Society of South Africa (ASSA) has updated its model of expected deaths in South Africa due to Covid-19. In its most optimistic scenario in April, ASSA expected more than 48,000 South Africans to die from Covid-19. …

[ad_1] Tshediso Matona, former CEO of Eskom. (Photo: Twitter / @NPC_RSA) The former Eskom CEO and now chief state planning secretary has revealed how a packed board of Gupta planned his impeachment. Former Eskom CEO Tshediso Matona, who was fired as CEO of the power company in the heyday of …

[ad_1] By Samkelo Mtshali, Siyabonga Mkhwanazi 4h ago Share this article: SharecheepShareShareShareE-mailShare Johannesburg – The government kept its lips closed on indications of bailout talks for the purchase of a stake in SAA by Ethiopian Airlines. This was after Ethiopian Airlines director Tewolde Gabremariam said that discussions were ongoing with …