Business

[ad_1] South African Airways (SAA) commercial rescue practitioners (BRP), Les Matuson and Siviwe Dongwana sent a letter warning all affected parties that the airline could face a downsizing or total liquidation. This comes after the Public Business Department refused to bail out the airline with another R10 billion earlier this …

[ad_1] When the government announced that liquor sales would be banned during the shutdown, many companies feared the worst. However, Quench, whose identity is based on bringing alcohol to the door, decided it was a case of “adapt or die”. They ended up doing the first with a certain style. …

[ad_1] South Africa Airways (SAA) does not have enough money to cover a significant portion of its salary bill beyond the end of the month, its business rescue professionals (BRP) say. They have emphasized the need for employees to take severance packages or see the airline wind up. In a …

[ad_1] Are you ready for the Daily Lotto draw on Thursday, April 23? It is yet another opportunity to find out if you are one of the latest South African Daily Lottery winners. To get the latest news first, download thesouthafrican.com app for iOS and Android. If you have decided …

[ad_1] Bruce Whitfield interviews PSG CEO Piet Mouton about his letter, President Cyril Ramaphosa, pleading with him to lift the shutdown. The PSG Group, through its CEO Piet Mouton, has written a letter to President Cyril Ramaphosa, asking him to lift the shutdown. PSG employs more than 20,000 people and …

[ad_1] A labor center in Johannesburg. The UIF has paid out more than R1.6 billion into employers’ bank accounts. Companies must now transfer that money to their workers. But most companies did not receive instructions on how much each worker is entitled to – and there is some confusion about …

[ad_1] More companies are increasingly impatient with the closure of South Africa, as the country still has another week to go with people locked up in their homes and possibly more months before sectors such as sit-down restaurants can re-operate. During a round table organized by financial analysis provider RisCura, …

[ad_1] The Competition Commission has found Dis-Chem guilty of excessive prices on essential hygiene products to the detriment of customers and consumers in contravention of the Competition Law. FILE: The essentials include various types of surgical masks. Image: Dischem Facebook page. JOHANNESBURG – Dis-Chem Pharmacies Limited was charged Thursday with …

[ad_1] Openserve has announced that it will update its customers’ fiber and ADSL line speeds for three months, beginning May 1, 2020. “Responding to market changes as a result of COVID-19, Openserve’s fiber and DSL customers will enjoy improved data rates over a three-month period, effective as of May 1, …

[ad_1] The company, which produces Magnum ice cream, Domestos household cleaner and Lipton tea, among other things, said sales rose 0.2% to 12.4 billion euros ($ 13.3 billion) compared to the same period last year. People wearing protective masks walk out of a supermarket with carts full of shopping in …