Business

[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 …

[ad_1] By Dineo Faku 13h ago Share this article: SharecheepShareShareShareEmailShare CAPE TOWN – Organized labor has won a major victory after the Labor Court today ruled that reductions cannot proceed at South African Airways (SAA). Labor court judge Andre van Niekerk ruled that SAA and the conduct of company rescue …

[ad_1] WHAT IS HAPPENING IN SA Updating cases: The last number of confirmed cases is 8,895. According to the latest update, 178 deaths have been recorded in the country. So far, 307,752 tests have been performed, with almost 15,600 new tests. READ MORE | All confirmed cases of coronavirus in …

[ad_1] The DA is fighting the government using the B-BBEE status as a criterion for easing SME financing to the International Monetary Fund (IMF). In a statement Thursday, interim DA leader John Steenhuisen said he had written a request to IMF Managing Director Kristalina Georgieva, opposing the South African government’s …

[ad_1] A mild winter in Sweden and the commitment to ditch fossil fuels has culminated in the closure of the country’s last coal-fired power station. An announcement in April revealed that the last of the KVV6 boilers at Värtaverket in Hjorthagen, eastern Stockholm, which had been providing heat and electricity …

[ad_1] There is fear, anxiety and panic among South Africans trapped in the United States as they rush to board the first SAA repatriation flight where they can be confirmed. News24 has spoken to at least three citizens in a group of more than 20, hoping to board a flight …

[ad_1] The scourge of the Covid-19 pandemic came at a time when the SA Revenue Service (Sars) was trying to lift itself from the ashes of the state capture, and the tax collector warned of a huge revenue risk with a levy less than R285 billion. Detailing the impact of …

[ad_1] Teraco is building a second data center facility in Cape Town, the company announced. Teraco Cape Town 2 (CT2) is a new 30MW data center facility, and follows the company’s recent announcement of a 60MW expansion of its Johannesburg data center campus in Isando. Teraco, CEO Jan Hnizdo said …

[ad_1] By affecting Gugulethu Gardens and VIP Police for provincial parliament officials, the Covid-19 cases are closing shops, police stations and even a legislature building in the Western Cape. “The provincial parliament building will undergo full decontamination and disinfection as prescribed,” the legislature said Tuesday when the virus seized a …

[ad_1] By Sizwe Dlamini 13h ago Share this article: SharecheepShareShareShareEmailShare CAPE TOWN: Comair announced that the group would enter the commercial rescue to safeguard the interests of the company and its stakeholders after the Covid-19 crisis interrupted the implementation of a recovery plan. Global flight activity has declined more than …