Business

[ad_1] SAA’s financial statements, which will be presented to parliament on Friday afternoon – more than two years late, reveal substantial losses of R5.5bn in 2018 and R5.1bn in 2019. The company, which is obliged by law to table its annual financial statements in parliament, has not done so since …

[ad_1] Freedom Front (FF) Plus intends to file an urgent application with the Gauteng High Court in Pretoria to challenge the validity of the National Disaster Management Law and request a finding that the government is abusing the Law, which it will mean that the announced state of disaster and …

[ad_1] Swiss watchmaker empire president Richemont poured cold water on the luxury industry’s hopes of a rapid rebound in the coronavirus, warning of “serious economic consequences” that could last three years. The reality check of Johann Rupert, who built a reputation for being bearish with pessimistic forecasts ahead of the …

[ad_1] “I think the government is violating the rights of smokers by banning cigarettes. It is my money and my health and I have the right to decide when to quit smoking,” says Veli Hlongwane of Maliwa Street, Mzimhlophe, in Soweto, GroundUp reports. “I adhere to the rules of [the] …

[ad_1] Sasol is considering additional divestments, including the potential sale of stakes in an African gas pipeline and a Middle Eastern plant, as it explores ways to reduce its $ 10 billion debt pile, people with knowledge of the matter said. South Africa’s biggest company by revenue is working with …

[ad_1] Freedom Front (FF) Plus intends to file an urgent application with the Gauteng High Court in Pretoria to challenge the validity of the National Disaster Management Law and request a finding that the government is abusing the Law, which it will mean that the announced state of disaster and …

[ad_1] The combined fiscal and monetary package to boost the economy as we fight Covid-19 is estimated to exceed R800 billion. But where will this money come from and has it already been paid? More details are likely to be revealed once Finance Minister Tito Mboweni presents the adjusted budget …

[ad_1] (Photo: EPA-EFE / Sebastiao Moreira) More than 140 world leaders, including the President of South Africa and the President of the African Union, Cyril Ramaphosa, have signed an open letter asking all governments to unite behind a ‘popular vaccine’ against Covid-19, saying it is the best hope to stop …

[ad_1] US President Donald Trump said Thursday he is no mood to speak with China’s Xi Jinping, warning darkly he might cut off ties with the rival superpower over its handling of the coronavirus pandemic. “I have a very good relationship, but I just – right now I don’t want …

[ad_1] Several Verulam residents north of Durban appear to have been scammed into thousands of rands while trying to buy alcohol during the shutdown. This is according to the security company Reaction Unit SA (Russian), who say they have received multiple complaints from community members who have tried to illegally …