Business

[ad_1] Land Bank is anticipating that it could default on its past due debt on Thursday if bondholders do not let it postpone their payments. A default would result in the default threshold of a cross default, meaning that all other bank debts will be due. However, the bank said …

[ad_1] The company said it would donate 33% of Grobler’s salary for three months to a fund established by the government to support the fight against COVID-19. A file image shows the Sasol logo at its Johannesburg headquarters. Image: AFP JOHANNESBURG – Sasol expects a loss at its Lake Charles …

[ad_1] Netflix has assured viewers and investors that it won’t run out of new content while subscribers are trapped at home due to the effects of the COVID-19 pandemic. Speaking during the company 2020 first quarter earnings callNetflix chief content officer Ted Sarandos explained that the company is confident it …

[ad_1] Some of the world’s largest companies have discouraged the use of Zoom Video Communications Inc.’s video conferencing application, fueling a growing backlash against a service that rose to fame during the Covid-19 pandemic. Daimler AG, Ericsson SA, NXP Semiconductors NV and Bank of America Corporation are among a wave …

[ad_1] By Edward West 20h ago Share this article: SharecheepShareShareShareEmailShare CAPE TOWN – The fall in fuel prices, mainly as a result of the fall in world oil prices, and considerably lower sales, as people have almost stopped driving at the close, have left owners of service stations in a …

[ad_1] Eskom is looking for low carbon solutions to reuse the coal-fired stations that are scheduled for decommissioning, according to tender documents. The state power company has released an expression of interest in the proposals, focusing on their Komati, Grootvlei and Camden coal plants, to reduce “their environmental impact through …

[ad_1] By motorsport staff 14h ago Share this article: SharecheepShareShareShareEmailShare Palo Alto, California – Tesla’s ultra-weird Cybertruck nearly broke the internet with the way it polarized opinions when it was revealed late last year, but the vehicle we’ve seen so far is just the prototype. The actual version of the …

[ad_1] While companies wait to find out what other sectors may resume operations next in South Africa’s “risk-adjusted” approach to reopening the economy, it’s not just small businesses that are worried about whether they will survive the current collapse. Hosken Consolidated Investments (HCI) [JSE:HCI], Which owns stakes in Tsogo Sun, …

[ad_1] A few days ago we learned that South African Airways is preparing to liquidate, as the government has rejected more funds for the airline and will soon dismiss all staff. The airline has been losing money for many years, although the current situation has made matters worse. Well, it …

[ad_1] Are you ready for the Daily Lotto draw on Wednesday April 22? 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 …