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  • Covid-19 Money Hub

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

  • South African Airways

    A draft rescue plan calls for the injection of a further R4.6 billion into the struggling flag carrier.

  • Facebook

    Employees criticise Mark Zuckerberg’s inaction over Donald Trump's comments.

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Industrial

Comair creditors, employees glimpse proposed rescue plan

Jun 02 2020 22:00

In terms of a proposed restructuring plan, it is likely that the existing shareholder base of Comair will be substantially diluted, according to its business rescue practitioners.

Economy

'Really unfortunate' that GovChat dragged into SASSA, CPS saga, says shareholder

Jun 02 2020 21:05

GovChat shareholder, Capital Appreciation, regrets that its directors' past association with Net1 has cast a cloud over its relationship with SASSA, which it says is harmless.

Financial Services

Coronavirus intensifying banking competition on price

Jun 02 2020 20:23

Digital first entrants such as TymeBank and Discovery Bank have positioned themselves as the cheapest option in customers’ minds as FNB announces monthly account fees will remain unchanged for the year.

 

Analysis & Opinion

Opinion

Daniel Silke | SA needs a Ramaphosa reset

The coronavirus is about more than a 'new normal'. The president himself...

Opinion

Wandile Sihlobo | SA's agricultural trade expected to remain vibrant in 2020 despite lockdowns

As the coronavirus pandemic batters global economies, international trade...

Opinion

Ofentse Mokwena | What's it going to take to make SA's airlines soar?

Could a little more wind under the market’s wings go a long way? asks...

Opinion

IAN MANN REVIEWS | A shot of inspiration for SA-pessimists

When you are empowered with fact-based reasons to be optimistic and motivated...

Opinion

OPINION | You were about to retire when Covid-19 struck your savings - now what?

With the Covid-19 economic fallout affecting retirement savings, those...

In other news

SAA rescue plan calls for taxpayers to cough up further R4.6 billion

Jun 01 2020 13:26

The draft plan comes after SAA went into voluntary business rescue in December 2019. The airline had most of its routes cut earlier in the year in an effort to save costs.

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.

SA new vehicle sales still in the doldrums despite small improvement

Jun 01 2020 18:32

The National Automobile Association of South Africa says SA's motor industry continues to face 'unchartered conditions'.

Petrol prices to increase by R1.18 per litre

Jun 01 2020 15:29

From Wednesday, fuel prices will increase across the board as global fuel prices recover.

Treasury now estimates nearly 1.8 million job losses

Jun 01 2020 14:05

Treasury had initially indicated that between three million and seven million job losses are expected, which would have seen unemployment levels balloon to nearly 50%.

Wandile Sihlobo | SA's agricultural trade expected to remain vibrant in 2020 despite lockdowns

Jun 01 2020 17:26

As the coronavirus pandemic batters global economies, international trade in the agricultural and food sector has generally managed to stay operational.

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