[ad_1] Payment processor Ozow has responded to the recent warning against using instant EFT to pay for goods and services. The warning came from the Reserve Bank of South Africa (SARB) and the Financial Sector Conduct Authority (FSCA), in consultation with the South African Payments Association (PASA). Financial regulators in …
Read More »Here’s how high-profile criticism of the AstraZeneca vaccine trial should be taken seriously
[ad_1] Kate Bingham, a UK government official, after being vaccinated in London in October 2020. She did not get the Oxford / AstraZeneca vaccine. Kirsty O’Connor / PA Images via Getty Images Oxford University and AstraZeneca announced Monday that their vaccine works, but the story soon gets complicated. AstraZeneca’s Mene …
Read More »Cape Cops and Extortionists Kill Our Businesses, Owners Say
[ad_1] 3h ago Share this article: SharecheepShareShareShareEmailShare Gamema Sage Cape Town – Long Street businesses are struggling to survive amid closure regulations that do not allow them to operate as nightclubs. Police and law enforcement officers have searched clubs, bars and restaurants. A business owner, who asked to remain anonymous, …
Read More »‘We need this airline’ – David Mabuza defends budget cuts to fund SAA bailout
[ad_1] Opposition MPs continued to question the government’s priorities after the R10.5 billion bailout for SAA versus budget cuts to other departments. “South Africa needs an airline,” Vice President David Mabuza told the National Assembly. Mabuza promised that the money for SAA will be “well spent.” As the opposition continues …
Read More »Black Friday failed in South Africa this year, although online it did much better
[ad_1] (File: Gallo Images, Esa Alexander) Gallo Image Buyers During a Previous Black Friday Black Friday sales fell dramatically in South Africa in 2020, initial figures show. Online transactions increased by more than 60%, but that was not enough to make up for the drop in store sales. Physical retailers …
Read More »JPMorgan likes MTN, but not Clicks and Discovery
[ad_1] It may be time to drop gold and tech stocks and buy country-focused South African stocks, according to JPMorgan Chase & Co. The broker upgraded its view on South African equities to overweight from underweight this week, saying that global trade value driven by faster economic growth, stronger commodity …
Read More »Western Cape contemplates its own restrictions amid Covid-19 resurgence
[ad_1] By Mwangi Ghathu 15h ago Share this article: SharecheepShareShareShareEmailShare Cape Town – Dr. Keith Cloete, Western Cape Health Chief, has said the department has made recommendations to the provincial cabinet on exploring local restrictions as the province experiences a resurgence of Covid-19 cases. Prime Minister Alan Winde said that …
Read More »SABC will auction real estate portfolio
[ad_1] The SABC said on Friday that it will issue termination notices for its non-essential properties and sell them at an upcoming public auction. The assets to be auctioned include residential properties that are being leased to both SABC employees and non-employees. Termination notifications will be issued beginning December 1. …
Read More »Joburg Mayor Geoff Makhubo saw no conflict of interest in his company doing business with the city.
[ad_1] By Samkelo Mtshali 5h ago Share this article: SharecheepShareShareShareEmailShare Johannesburg: The Mayor of the City of Johannesburg, Geoff Makhubo, has made the shocking revelation that he sees no conflict of interest in continuing to “monitor” the financial affairs of a company to which he is the sole signatory, even …
Read More »SABC seeks to sell its non-essential assets – The Citizen
[ad_1] Citizen reporter General views of the SABC building in Auckland Park, Johannesburg, on November 18, 2020. Image: Michel Bega The SABC will make a formal announcement for the date of the public auction. The South African Broadcasting Corporation (SABC) is seeking to divest nonessential assets amid the slow downsizing …
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