Industrial | Fin24
 
  • Another VAT hike?

    Absa warns that govt may again announce an increase in value added tax in next month's Budget.

  • SA Revenue Service

    The tax agency says a unit that tackles illicit financial flows has recovered R2.6bn since April 2019.

  • State Capture Inquiry

    Former Eskom chairperson Zola Tsotsi says Tony Gupta threatened to have him removed.

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Industrial

Relief as SAA is able to pay workers their January salaries

Jan 24 2020 14:59

Following concerns over whether South African Airways would have been able to pay employees' salaries this month, it has now been confirmed that the embattled state-owned airline has the money available to do so - at least for January.

Industrial

Sasol share price rockets after update

Jan 24 2020 10:22

Sasol says it is investigating the explosion which occurred last week at its Lake Charles Chemicals Project and caused to damage to a low-density polyethylene unit.

Industrial

Necsa staff to get salaries on Friday

Jan 24 2020 06:00

Nuclear Energy Corporation South Africa spokesperson Nikelwa Tengimfene told Fin24 that the corporation would be able to pay its staff salaries on Friday and that it was on track to make the necessary payments for employee benefits thereafter.

Industrial

SAA business rescue adds to SA Express financial woes - court papers

Jan 23 2020 05:00

A former supplier of SA Express says the airline's financial position is worsened by the fact that one of its debtors, SAA is currently under business rescue.

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