Business

Business

‘Devastation’: yet another blow for tourism, hospitality sectors

Much of South Africa might be reopening on Monday but the hospitality and tourist sectors remain almost entirely locked up, with devastating consequences

Business

Lost resorts: Sanlam reveals why hospitality firms aren’t being ...

The hospitality industry has been crippled by the restrictions imposed by the coronavirus pandemic, restaurants, guest houses and B&Bs having lost ...

Business

You’ve lost your income but insurance isn’t forking out? Here’s ...

The lesson of the pandemic is: be very, very careful about what credit life insurance you take out

Business

If your Covid-19 travel claim has been rejected, ...

One of the things travel insurance covers is cancellation. So you’d think that if your international travel plans are cancelled due to various state-imposed restrictions, you’d have a successful claim.
Business

Draft plan for SAA rescue proposes a brand new ...

A draft business rescue plan for SAA has proposed that government put R2bn into an entirely new company to restart a state-owned airline.
Business

Bad loan write-offs may exceed that of 2008 crisis, Standard Bank warns

Credit loss ratios may exceed 1.6%, group says as it forecasts profits for six months to end-June will likely fall more ...

Business

Business activity in Japan and South Korea falls the most in more than a decade

Manufacturing surveys suggest rebound will be delayed, despite China’s factory activity returning to growth in May

Business

Capital Appreciation raises dividend as Covid-19 accelerates online activity

Fintech group has experienced limited effect from pandemic, and is upbeat about shift to online banking

Business

It’s game on as console-makers head for epic face-off

Rivalry between the big guns is intensifying as they launch consoles in a market turbocharged by lockdown

Business

VWSA MD says testing in NMB has to be ramped up

More virus testing needs to be done in Nelson Mandela Bay. This was the call from Volkswagen SA MD Thomas Schaefer, ...

Business

Consumers get R95 million back in claims battle with insurers

The office of the Ombudsman for Short-Term Insurance (OSTI) put R95m into the pockets of insured consumers last year, ...

Business

What do you know about who is choosing your funds?

New survey sheds light on discretionary fund managers

Business

South Africa number three on world list of most cybercrime victims

Research suggests that threat actors perceive SA organisations and businesses as potentially having lower defensive ...

Business

No decision on converting Eskom debt to equity, says state pension fund

The Government Employees Pension Fund (GEPF) has not taken a decision to convert its Eskom bond holdings into shares in ...

Business

Low US demand puts damper on oil price

Oil prices edged lower on Friday after US inventory data showed lacklustre fuel demand in the world’s largest oil ...

Business

Gold rises as investors head to safe havens

Gold prices ticked up on Friday as the Sino-US rift deepened over further moves by Beijing to impose a security law on ...

Business

Asian markets falter on rising tension in Hong Kong

Asia’s stock markets pulled back and major currencies were held in check on Friday, as investors await the US response ...

Business

JSE may be under strain from US-China tension on Friday

The JSE could take its lead from weaker Asian markets on Friday morning, with all eyes on the White House as Beijing ...

Business

Rand weakens as US-China tension hogs sentiment

The rand weakened alongside its emerging-market peers after China approved a new Hong Kong security law

Business

PSG at two-month high after announcing Capitec unbundling

The share price of investment holding company PSG was at a two-month high on Thursday, after saying after markets ...

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