Business

SAB calls for liquor sales during Level 4

[ad_1] By Sihle Mavuso May 8, 2020 Share this article: SharecheepShareShareShareEmailShare Johannesburg – The government faces a new headache from the country’s largest brewer, South African Breweries (SAB), which wants to allow alcohol sales during Level 4 of the Covid-19 blockade. In recent days, the brewery has been publicly pleading …

Read More »

Dream Team – Can They Do It?

[ad_1] Brian Riley – RA President Following Friday’s announcement of the Phumelela corporate rescue and the emergence of a career restructuring team, questions have been raised. Like, aren’t they in conflict? The Directors of the Racing Association should surely be acting for their members and owners in the first place. …

Read More »

Court halts SAA retrenchments, calling process unfair

[ad_1] The Labor Court has ruled in favor of unions, halting SAA’s business rescue practitioners ’(BRP) bid to retrench workers. The failed airline’s administrators have been battling to keep the business afloat since taking over in December 2019 – however its plans have been reliant on government, as the sole …

Read More »

Horse racing company Phumelela requests a commercial rescue

[ad_1] Phumelela Gaming and Leisure, which is in financial distress, entered into a voluntary business rescue, the company said on Friday, as the business came under heavy pressure from the suspension of horse racing since the blockade was implemented. from Covid-19. The company also suspended its JSE shares, but maintains …

Read More »