Covid-19 Money Hub

The hub will help answer your business and money questions during the coronavirus crisis.
Cigarette Ban

British American Tobacco says the ban harms the 'emotional well-being' of smokers.
Rand Rigging

The Competition Commission has revived its case against banks accused of currency manipulation.

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.

Travel & Leisure

Coronavirus | SA events should avoid undercutting each other, warns CEO

May 25 2020 22:15

SA's events industry should avoid going into a price war once the lockdown period is over, warns the CEO of the Southern African Association for the Conference Industry..

Travel & Leisure

Allow inter provincial travel to save hotel industry, says Tsogo Sun

May 21 2020 21:19

Tsogo Sun Hotels says the international travel ban and subsequent lockdown of South Africa in March sent into tailspin what is normally "a peak activity month for the group". The group is now lobbying gopvernment to allow travel between provinces.

Travel & Leisure

ConCourt dismisses Solidarity's bid to appeal Covid-19 tourism fund decision

May 16 2020 11:50

The Constitutional Court has dismissed an urgent application brought by union Solidarity to appeal the High Court's decision to allow the Department of Tourism to include Broad-Based Black Economic Empowerment criteria in its allocation of tourism Covid-19 relief.

Travel & Leisure

Restaurants form lobby group as lockdown takes a big bite out of business

May 15 2020 19:11

Sit down restaurant chains have come together under the banner of a new lobby group – the Restaurant Collective – to advance proposals to save businesses in the sector.

Travel & Leisure

Phumelela CEO John Stuart resigns

May 15 2020 18:05

Phumelela Gaming and Leisure CEO John Stuart has stepped down.

Travel & Leisure

Coronavirus could hurt travel for another five years

May 13 2020 22:04

Demand for air travel will lag behind pre-coronavirus forecasts for at least five more years, according to the latest projections from the International Air Transport Association.

Travel & Leisure

Lockdown eats nearly half of Spur's restaurant sales

May 13 2020 14:18

Spur had to close down all of its restaurants when lockdown kicked off in late March, and it is now relying on deliveries to get business going again.

Travel & Leisure

There will be 'nothing left' of tourism industry if it can only reopen in December, warns CEO

May 12 2020 13:50

The industry has been decimated by travel and movement restrictions imposed in an attempt to curb the spread of the coronavirus pandemic.

Travel & Leisure

Oppenheimers step in with R100m cash injection to keep horse racing alive under lockdown

May 11 2020 17:06

South Africa's richest family, which has a long history of horse ownership in the country, steps in to help the racing industry struggling to stay alive because of the Covid-19 lockdown.

Travel & Leisure

Horse racing industry pleads for partial re-opening to save jobs

May 08 2020 05:02

The horse racing authority is pleading for a partial restart of the industry under Level 4 of the lockdown, warning that a prolonged suspension of activity could lead to massive financial impact and job losses.

Inside Fin24.com

Wage Bill

SA will face an uphill battle to trim the state's wage bill.
Credit Rating

This year's Budget will be all about avoiding Moody's downgrade, say economists
Overhaul Needed

Goldman Sachs says Ramaphosa could unleash a wave of investment in SA
Future Earnings

President Ramaphosa has defended a proposed sovereign wealth fund as investment in SA's future

Travel & Leisure

Coronavirus: Stop SA tourism industry regressing to 'pre-1994' disaster, minister warns

May 05 2020 05:00

South Africa's tourism industry must not be allowed to regress during the coronavirus pandemic to the point that it looks like "pre-1994", Tourism Minister Mmamoloko Kubayi-Ngubane told Parliament's portfolio committee on tourism on Monday.

Travel & Leisure

Musk, Bezos companies win NASA contracts for moon landing

May 01 2020 12:03

Despite the ongoing coronavirus pandemic, NASA on Thursday awarded almost $1 billion in contracts to three space companies, including those owned by Elon Musk and Jeff Bezos, to develop lunar landers, as the United States seeks to return human beings to the Moon.

Latest Headlines

Economy State requests more time to defend cigarette ban in court SA Reserve Bank rules out financing government budget deficit 'We will have to live with this Covid-19': Experts weigh in on SA's post-virus economy	Money Clinic MONEY CLINIC: Can I be charged double interest on a home loan plus R50 000 in legal fees? MONEY CLINIC: The 'no work, no pay' principle applies to me. How do I deal with my debt? MONEY CLINIC \| I have R10 000 to invest. What are the best options during Covid-19?	Markets Rand's speedy recovery rally caught some traders by surprise Floor trading resumes at NYSE - with masks and plexiglas Global stock markets climb on hopes of further lockdown easing
Investments Coronavirus and investment: Keep your eye on the long-term prize Coronavirus and retirement savings: 5 things experts want you to think about 12 tips for taxpayers to better understand section 12J investments	Entrepreneurs Could maggots fuel high-protein sports drinks? This SA startup thinks so WATCH: Is your business cyber secure? Small business to benefit from coronavirus relief fund	Companies Sasol shares briefly rally on stronger oil price before paring gains Facebook’s Zuckerberg defends Trump post decisions to staff Comair creditors, employees glimpse proposed rescue plan

State requests more time to defend cigarette ban in court Nedbank, Rand Merchant Bank join 28 banks charged with rand manipulation Tobacco giant argues cigarette ban harms 'emotional wellbeing' of smokers 'We will have to live with this Covid-19': Experts weigh in on SA's post-virus economy Restructure, possible job cuts at Pam Golding as real estate on 'brink of collapse'

Could maggots fuel high-protein sports drinks? This SA startup thinks so Mboweni's stimulus package dismissed as 'relief' measure in Parliament 'SA can't pull itself up by its bootstraps. There isn't money': Why global losses worry local experts Safety first: Sibanye-Stillwater vows to put employees before profits during pandemic Keen to fly, but will they survive? Airlines weigh in on partial lift of flight bans

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Voting Booth

How has Covid-19 impacted your financial position?

	I'm not really directly affected
	I am taking a hit, but should be able to recover in the next year
	My finances have been devastated
	It's still too early to know what the full effect will be

I'm not really directly affected 19% 159 votes

I am taking a hit, but should be able to recover in the next year 26% 220 votes

My finances have been devastated 30% 252 votes

It's still too early to know what the full effect will be 26% 221 votes

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