Business

[ad_1] The Buccaneers official shares the effects of the devastating pandemic in terms of wages and his future plans. Orlando Pirates Administrator Floyd Mbele says they will have to cut their squad in order to change their financial model, while there is still no sign of pay cuts. The Buccaneers …

[ad_1] The government has promised to create a new airline to compete in a world free of the pandemic. JOHANNESBURG – SAA unions say they are now looking to chart a way forward with the airline after securing a victory in the Labor Court yesterday. The court ruled that downsizing …

[ad_1] It’s over, and we’re ready for new beginnings! Phumelela Gaming and Leisure entered Business Rescue on Friday afternoon, and a Post-Start Financing Agreement (“PCF”) has been agreed with Mary Oppenheimer Daughters Pty Ltd (“MOD”). The financial deterioration of Phumelela Gaming and Leisure (“PGL” or “the Company”), the largest horse …

[ad_1] It’s been a stressful few years for the traditional auto industry, given the rise of startups and the expansion of Tesla. However, some investors hedged their bets easily, sending a check to Autotech Ventures LLC, a Silicon Valley venture capital company focused on the future of transportation. In its …

[ad_1] An alleged thief, who was wounded while his two alleged accomplices were killed in a shootout with police on Tuesday, has been arrested. He is accused of being part of the group of three, believed to be part of a union that commits commercial robberies in and around the …

[ad_1] Comedian and podcast host Joe Rogan interviewed Elon Musk for a new episode released Thursday. Musk said he started buying houses around his primary home in Bel Air after experiencing issues with privacy. The Tesla CEO recently vowed to get rid of most of his possessions, including his houses, …

[ad_1] Ferris Rafauli is one of the world’s most notable luxury designers. Rafauli Ferris Ferris Rafauli, the designer behind Toronto’s $ 100 million (R1.8 billion) Drake mansion, partnered with luxury bedding company Hastens to design a $390,000 (R7 million) mattress and base known as Grand Vividus. Drake was the first …

[ad_1] Numsa, Sacca feel vindicated after court declares retrenchments at SAA unfair The unions said that the court judgment ordering the business rescue practitioners to stop the retrenchment processes at South African Airways (SAA) was proof that they never had the workers’ best interests at heart. Picture: South African Airways …

[ad_1] A Fin24 reader whose son is a student at Stellenbosch University and is staying in a private residence near campus wants to know what his options are for applying for a vacation rental. He writes: I read that many companies are considering paying reduced rent to owners due to …

[ad_1] South Africa faces its gravest test since the end of World War II almost 75 years ago, to rebuild an economy that was already in a prolonged depression after the ravages of the Covid-19 pandemic that has slowed activity since the end of March. However, one could be forgiven …