by sundelbolong | Apr 2, 2020 | Business & Finance News
The national lockdown imposed by government to prevent the spread of the coronavirus has not only presented a new challenge to our weak economy, it has also magnified deep socio-economic challenges that are not going away – and that the country will still need...
by sundelbolong | Apr 2, 2020 | Business & Finance News
The impact of the coronavirus pandemic on the South African airline industry could amount to 10.7 million fewer passengers transported and a loss of about R40 billion ($2.29 billion), according to the latest projections by the International Air Transport Association...
by sundelbolong | Apr 2, 2020 | Business & Finance News
An increase in the wages of public servants – originally due to kick in on April 1, in terms of a wage agreement reached in 2018 – is still on ice after Finance Minister Tito Mboweni announced an ambitious plan in his Budget address to save some R160 billion in the...
by sundelbolong | Apr 2, 2020 | Business & Finance News
The JSE closed firmer on Thursday on the back of a charge led by the resources index, and all major indices on the local bourse traded firmer on the day. This was despite a mixed picture in Asia where the Nikkei lost 1.37%, while the Hang Seng and Shanghai Composite...
by sundelbolong | Apr 2, 2020 | Business & Finance News
Amazon.com said it has hired 80 000 people to help meet demand for online orders from people hunkered down during the pandemic and has stepped up safety precautions at its US warehouses. Dave Clark, Amazon’s logistics chief, said in a blog published Thursday that...
