Business

[ad_1] Insurer Old Mutual said on Tuesday (September 1, 2020) that it will eliminate its interim dividend amid the ongoing uncertainty created by the Covid-19 pandemic. “There is still a considerable amount of uncertainty about what we can expect in the next 12 months,” said Iain Williamson, CEO of Old …

[ad_1] Lazaro Lasimi and his colleagues descended hundreds of meters into the ground below the Mererani Hills, in Manyara in northern Tanzania. At the bottom of the mine, they dug 57 small holes, carefully placing dynamite in each one. Only when they were all safe on the surface did they …

[ad_1] Trump has largely overlooked racial wounds caused by the use of police force and downplayed the more than 180,000 deaths in the United States from the coronavirus pandemic. FILE: US President Donald Trump listens during a meeting on the Governors Initiative on Regulatory Innovation in the Cabinet Room of …

[ad_1] While most companies were trying to stay afloat for the past few months, DJ Sbu (Sibusiso Leope) and his business partners at MoFaya were planning an expansion the likes of which are rarely seen by municipal startups. Speaking at the big announcement of MoFaya’s launch of 12 new carbonated …

[ad_1] The breakfasts have been uncomfortable for Chippa United at their team’s hotel, says coach Lehlohonolo Seema, as they have shared their accommodation with Kaizer Chiefs, the opponents of the Chilli Boys in Wednesday night’s potentially decisive showdown in the fight for the title of Amakhosi. Chippa and Chiefs are …

[ad_1] MTN on Tuesday outlined a board shakeup that includes the appointment of a CFO for its SA unit as Africa’s largest mobile phone group begins a new chapter under new CEO Ralph Mupita. The company, which is in the midst of a strategic overhaul to sharpen its focus on …

[ad_1] Old Mutual suspended its interim dividend as the fallout from the coronavirus pandemic hit earnings, and it will only make a decision on resuming payments when it has more clarity on the economic outlook. Earnings excluding one-time items fell 67% in the six months to June, the Johannesburg-based insurer …

[ad_1] Elon Musk, CEO of Tesla and SpaceX. BRENDAN SMIALOWSKI / AFP via Getty Images Tesla and SpaceX CEO Elon Musk just became the world’s third-richest person, surpassing Facebook CEO Mark Zuckerberg. Musk’s fortune reached $ 115.4 billion (nearly R2 trillion) after a Tesla stock split sent the shares soaring. …

[ad_1] By Sandile Mchunu 9h ago Share this article: SharecheepShareShareShareE-mailShare JOHANNESBURG – The hotel and leisure group Sun International announced yesterday the closure of its Naledi and Carousel hotels, claiming that the Covid-19 pandemic had forced it to review its operations to save costs. The group said the closed closures …

[ad_1] Several state-owned companies have requested billions of rand in government funding to help them weather the impact of the coronavirus crisis, the National Treasury said in a parliamentary filing on Tuesday. Reuters reports that the requested bailout amounts to nearly R10 billion, while other state-owned companies have warned of …