Business

[ad_1] Economies around the world were hit hard by the COVID-19 pandemic, which limited international trade and forced many companies to close their doors temporarily or permanently. The shock led to the fastest stock market crash in financial history and the largest since the Wall Street crash of 1929, which …

[ad_1] The Western Cape provincial government and various business groups have raised questions about South Africa’s new alcohol-related lockdown restrictions. In a national address on Monday night (December 14), President Cyril Ramaphosa announced the new measures as a means to curb the country’s Covid-19 cases during the holiday season. The …

[ad_1] Netflix says it named Zimbabwean telecom billionaire Strive Masiyiwa in its directory. Masiyiwa is the founder of the Econet Group, which has operations and investments in 29 countries in Africa and beyond, including Econet Wireless, Zimbabwe’s leading mobile operator; Liquid Telecom, the pan-African broadband company and its subsidiary Africa …

[ad_1] SAA managers in distress have issued a 48-hour notice to prevent nearly 400 pilots from accessing the company’s facilities until they agree to new terms and conditions of employment. SAA entered a local form of bankruptcy protection in December 2019 after about a decade of financial losses, and its …

[ad_1] The SAA Pilots Association has received a lockout notice which means its members will be banned from the SAA workplace beginning at 12 noon on Friday, December 18. (Photo: Pxfuel.com) Negotiations between SAA’s Joint Business Rescue Professionals (BRP) and SAA’s Pilots Association have reached a relentless deadlock. On Wednesday, …

[ad_1] The city of Cape Town has alerted local businesses to unscrupulous scammers who claim to be fogging and disinfecting businesses to protect against Covid-19. The scammers were scamming companies out of hundreds of rand for “cleaning services,” said Zahid Badroodien, a member of the mayor’s health and community services …

[ad_1] Patrice Motsepe’s bid to become the next president of the African Football Confederation (Caf) is gaining momentum, but the mining magnate has preferred to do most of the business behind the scenes. The Mamelodi Sundowns owner’s bid has been largely muted and it was feared that he would be …

[ad_1] Prime Minister Oscar Mabuyane’s spokesman, Mvusiwekhaya Sicwetsha, was asked the same question about the blanket ban in the province. “We ask for the levels of risk,” he replied. However, Pakati stressed that those in the hospitality and tourism sectors must be assured that their operations in coastal areas will …

[ad_1] South African Airways (SAA) administrators said Wednesday they issued a 48-hour notice to prevent nearly 400 pilots from accessing the company’s facilities until they agree to new terms and conditions of employment. SAA entered a local form of bankruptcy protection in December 2019 after about a decade of financial …

[ad_1] By Sisonke Mlamla 2h ago Share this article: SharecheepShareShareShareE-mailShare Cape Town – Police leadership is beefing up its legal team after Minister Bheki Cele was caught in a clash with a film crew on Camps Bay beach, accusing him of disobeying Covid-19 regulations on Wednesday . This comes after …