South African banks ready to accept loan applications from COVID-19 hit business.
South African banks are now ready to accept loan applications from COVID-19 distressed businesses. This was revealed on Tuesday […]
Business
Group Five will delist from the Johannesburg Stock Exchange(JSE) in June.
File Image. Group Five Limited have advised shareholders that the company has made the application to the Johannesburg Stock
Burger King to deliver on SA’s cravings from 06 May 2020 (tomorrow).
Burger King today announced, in line with Government’s Level 4 lockdown guidelines, that it will be opening select restaurants
This Workers’ Day, MySchool MyVillage MyPlanet celebrates those on the front line.
Image Supplied. There will probably never be a Workers’ Day, celebrated annually on 1 May, more poignant than this one.
Plans to restructure the embattled South African Airways on the cards.
Photo Credit:@flysaa_care/Twitter. The Department of Public Enterprises says South African Airways(SAA) is set to be restructured into a new airline. In
The petrol price in South Africa is set to fall dramatically.
Getty Images. Motorists enjoyed one of the biggest fuel price decreases ever in April, with petrol falling by up
Edcon has announced that it will file for business rescue.
Image Courtesy of Reuters. Retail Group Edcon has started with voluntary business rescue proceedings after losing R2bn in turnover
MySchool MyVillage MyPlanet donates R500 000 to South African animal welfare organisations across SA.
Image Supplied. MySchool MyVillage My Planet has announced that it is extending its funding efforts to mitigate the negative impact
BRP may have to discontinue the proceedings and place SAA into liquidation.
SAA business rescue practitioners said if they cannot reach an agreement with unions about the termination of workers employment
Heineken sales slide and warns that the impact of the COVID-19 pandemic would still be felt.
Image Courtesy of Foodbev. Heineken said that coronavirus containment measures strangled sales which dropped by 14% by volume during March.
South African Reserve Bank cuts repo rate by another 100 basis points.
South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter. The South African Reserve Bank (Sarb) has announced a further 100
Sibanye-Stillwater to donate a third of its executive team’s salaries to the COVID-19 Solidarity Fund.
Sibanye-Stillwater is the first mining company to follow in the steps of the country’s president, Cyril Ramaphosa, by donating