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Travel & Leisure

KFC owner withholds rent from SA landlords during lockdown

Apr 06 2020 16:54

KFC-owner Yum! Brands has told landlords in South Africa that the US firm won’t be paying rent while outlets are closed during a three-week government-enforced lockdown to contain the coronavirus pandemic.

    Property

    Pam Golding Properties cuts hours, salaries as coronavirus bites

    Apr 05 2020 15:34

    Property giant Pam Golding Properties will be instituting salary cuts and reduced working hours as the effect of the coronavirus lockdown takes its toll on the company.

    Retail

    Life after lockdown | A steep climb for shopping malls

    Apr 04 2020 09:32

    Economic activity in Africa’s richest square mile, Sandton has come to a grinding halt. Analysts say the situation is unikely to return to normal even after the lockdown is lifted.

    Mining

    Some mines lagging behind in lockdown safety standards - Mantashe

    Apr 03 2020 19:14

    Minister of Mineral Resources and Energy Gwede Mantashe said his department found during unannounced site visits at collieries that not all were equally prepared to introduce safety guidelines to stem the spread of the coronavirus.

    ICT

    Helios has $350m primed for expansion after virus eases

    Apr 03 2020 14:28

    Helios Towers's plans to expand following last year’s London share sale may have been waylaid by the coronavirus outbreak, but the Africa-focused company has $350 million primed and ready for when dealmaking can resume.

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    Financial Services

    Rand Merchant Bank urges coordinated effort to soften virus blow

    Apr 03 2020 09:00

    Rand Merchant Bank urged South African lenders and other finance firms to adopt a more coordinated approach with the government to the economic crisis caused by the coronavirus outbreak.

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