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mining

Analyst's grim view of mining after lockdown: 'Pain' for most companies, some won't survive

Smaller mining companies will be hard hit by the 21-day lockdown, warns an industry expert.

Related Articles

Financial Services

As coronavirus threatens jobs, some insurers halt sales of retrenchment cover

Apr 08 2020 21:49

Some of South Africa's insurers have stopped selling retrenchment cover as the novel coronavirus threatens to accelerate the rate of unemployment in the country. Liberty said it has become very difficult to assess the potential risks and related cover for new clients.

Opinion

Bonang Mohale | Recovering from a pandemic, we'll never be the same. Perhaps we shouldn't

Apr 09 2020 06:01

Bonang Mohale considers three major aspects of the coronavirus pandemic - and how the world is likely to change.

Retail

Edcon: Another rescue on the cards?

Apr 08 2020 21:01

Edcon expects to lose R800 million in revenue during the national lockdown. But having received help just a year ago, would there be appetite from creditors and others to extend a lending hand again?

Money and Markets

Today’s business update – and where to buy hand sanitiser online

Apr 09 2020 07:21

What you need to know in SA business today.

Industrial

'We're living hand to mouth' to supply rice, pasta to customers - Tiger Brands CEO

Apr 08 2020 18:27

Tiger Brands CEO Noel Doyle warns that a weaker rand will raise the cost of rice imports.

 

Analysis & Opinion

Opinion

OPINION | A pandemic is no time for fiscal distancing

We are all in this together, says African Development Bank Group President...
Opinion

Ron Derby: The forest is burning

It's one thing to focus on SA's long-term prospects. Be careful not to...
Opinion

Bonang Mohale | Recovering from a pandemic, we'll never be the same. Perhaps we shouldn't

Bonang Mohale considers three major aspects of the coronavirus pandemic...
Opinion

OPINION | How a new philanthropy model could help small businesses survive

It's time to move beyond knee-jerk responses, says Morné Mostert....
Opinion

Solly Moeng | When it comes to lockdown, one size doesn't fit all

SA may benefit from a staggered return to economic activity, says Solly...

In other news

Go to SAcoronavirus.co.za for official government updates on Covid-19

Mar 27 2020 11:11

For official South African government updates on the novel coronavirus, SARS-CoV-2, and Covid-19, go to SAcoronavirus.co.za.

Coronavirus | Treasury centralises sourcing of protective gear

Apr 08 2020 16:50

This comes as countries around the globe scramble to secure scare medical equipment to fight the virus.

Coronavirus the latest blow to Stefanutti Stocks as construction projects shut down

Apr 08 2020 15:16

The construction company says it has closed the majority of its operations in countries where lockdowns have been instituted.

MONEY CLINIC: How can I improve my financial position while paying off R188k in debt?

Apr 08 2020 06:04

A Fin24 reader under debt consolidation is left with less than R3 000 per month, finding it impossible to make ends meet. A finance expert responds.

Sasol halts production at inland crude oil refinery as fuel demands drops

Apr 08 2020 10:52

The petrochemical group says it has suspended production "until further notice".

EU fails to rally behind recovery plan, clouding way forward

Apr 08 2020 09:32

EU finance ministers failed to agree on a strategy to mitigate the economic impact of the pandemic, prolonging a paralysis that casts doubt over the bloc’s chances to weather the storm unscathed.

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South Africa

Already facing record unemployment, SA braces for jobs slump after lockdown

Apr 07 2020 13:46

The country may lose about 370 000 jobs this year as a result of the national lockdown to stop the spread of the coronavirus, according to forecasts by the Reserve Bank.

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World

Europe weighs a half-trillion euro plan to stem virus recession

Apr 07 2020 08:16

It’s crunch time for the European Union as it strives to stem a virus-led downturn.

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Money Clinic

MONEY CLINIC: I've been forced into early retirement and can't afford to repay my debt, what can I do?

Feb 15 2020 07:00

A Fin24 user who was forced into early retirement is struggling to pay credit card debt amounting to over R109 000. An expert responds.

More in this section
Entrepreneurs

Small business to benefit from coronavirus relief fund

Mar 19 2020 21:51

A Debt Relief Fund is on the horizon to assist small businesses impacted by the novel coronavirus, the Department of Small Business Development announced on Thursday.

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Markets

Local stocks weaker as volatility in Sasol persists

Apr 08 2020 18:08

The JSE opened marginally softer on Wednesday but sunk deeper into losses as European counters traded under pressure.

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Companies

Coronavirus | Naspers donates food, offers online learning scholarships

Apr 08 2020 19:43

The Naspers group have implemented a number of interventions to help support communities, where they have operations, as they face the impact of Covid-19.

More in this section
Investments

Coronavirus and investment: Keep your eye on the long-term prize

Apr 04 2020 18:45

The "scare" reaction in the markets due to the coronavirus pandemic, has removed "froth" and returned risk markets to much fairer valuations, says an investment expert.

More in this section
Tech

Zoom sued for fraud over privacy, security flaws

Apr 08 2020 08:25

Weak encryption technology has given rise to the phenomenon of “Zoombombing”, where uninvited trolls gain access to a video conference.

More in this section
Finweek

Paying the tax man in a changing employment landscape

Apr 06 2020 17:49

Increasingly, people are foregoing the traditional route of being a permanent employee at a single company. But being 'independent' comes with complex tax implications.

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Most ReadEditor's Choice
Tough times in store for some SA restaurants as job cuts, possible closures loom ANALYSIS | Leave, salaries, and how lockdown has exposed gaps in SA's labour law Sasol halts production at inland crude oil refinery as fuel demands drops Eskom tells investors it doesn't need more state funding 'We're living hand to mouth' to supply rice, pasta to customers - Tiger Brands CEO
Already facing record unemployment, SA braces for jobs slump after lockdown SA has kept its spot on the passport index - but global mobility has all but ground to a halt A top strategist says it’s time to pile into the rand ANALYSIS | What the transport sector taught us during the coronavirus pandemic Will other local companies follow Woolworths' pay cut example?

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