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Travel & Leisure

Another R30m in tourism relief for tour guides

May 30 2020 18:44

An additional R30 million in coronavirus relief has been made available for tour guides, meaning some freelancers are now eligible for financial assistance.

    Financial Services

    PIC: Eskom debt to equity swap is just one option

    May 30 2020 11:05

    A possible conversion of the Public Investment Corporation's bond investment in Eskom into equity is just one option on the table, the state-owned asset manager has said.

    Companies

    Denel backtracks on not paying May salaries

    May 29 2020 20:00

    NUMSA says Denel management has given commitment to pay May salaries to its members, especially the lowest paid workers.

    Financial Services

    PIC extends Matshepo More's suspension

    May 29 2020 16:18

    The statement said that while a disciplinary inquiry report found that Matshepo More was not guilty, the Public Investment Corporation considered it “ill-advised” to reinstate her.

    Industrial

    Autopax gets permanent CEO as Prasa fills several top positions

    May 29 2020 12:10

    Prasa on Friday announced a permanent CEO for its cash-strapped bus service company, Autopax, as well as at Prasa Rail - part of a batch of executive appointments.

    Financial Services

    FIN24 SPEAKS LIVE | SARB governor Lesetja Kganyago on monetary policy in a post-Covid-19 world

    May 29 2020 10:20

    Fin24 editor Ron Derby speaks to Reserve Bank governor Lesetja Kganyago about monetary policy, the role of the central bank, and recovery post-coronavirus.

    Financial Services

    Old Mutual shows first signs of a struggling insurance sector

    May 28 2020 21:38

    Old Mutual says life insurance sales almost came to a standstill in its biggest business unit during the lockdown ,as brokers were not able to see customers, while some existing customers are seeking premium holidays and discounts or lapsing their policies.

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    Investment Holdings

    Stadio chairperson resigns with immediate effect

    May 28 2020 17:25

    Professor Rolf Heinrich Stumpf, board chairperson of Stadio [JSE:SDO], has resigned with immediate effect, the private higher education group announced on Wednesday.

    Retail

    Mr Price rejects speculation of Edcon purchase

    May 28 2020 14:04

    Mr Price has rejected speculation that it has been looking to acquire retail chain Jet, a unit of struggling fashion giant, Edcon, which recently went into business rescue.

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