Nicoles Magic Spatula
  • Home
  • Business & Finance News
  • Advertise Here
  • Contact Us
  • Privacy Policy
  • Sitemap
Select Page

Reserve Bank bought R10.2 billion worth of govt bonds in May

by sundelbolong | Jun 5, 2020 | Business & Finance News

The SA Reserve Bank again purchased over R10 billion worth of SA government bonds in May, as it continues to inject liquidity into the market amid the economic shock of the Covid-19 pandemic. The central bank purchased R10.2 billion in government bonds on the...

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

by sundelbolong | Jun 1, 2020 | Business & Finance News

A draft plan proposed by the business rescue practitioners of South African Airways calls for taxpayers to cough up about R4.6 billion more to save the debt-laden struggling national flag carrier. The draft proposal, which has been seen by Fin24, makes provision for a...

Govt seeks funds for R350 billion infrastructure plan as Covid-19 job losses loom

by sundelbolong | May 28, 2020 | Business & Finance News

South Africa is seeking investments from multilateral lenders, commercial banks and pension funds in what a senior ANC official says will be a $20.5 billion (roughly R350 billion at current exchange rates) infrastructure program. The program will focus on...

SA airlines set to lose R55 billion in revenue, over 250 000 jobs on the line

by sundelbolong | May 28, 2020 | Business & Finance News

Revenues generated by airlines in the South African market will fall by about R55 billion ($3 billion) in 2020 – 56% below 2019 levels, according to the latest estimates by global airline body the International Air Transport Association. It is estimated that the...

Woolworths may bail out troubled Australian units to the tune of R1 billion due to Covid-19

by sundelbolong | May 27, 2020 | Business & Finance News

Woolworths may give its Australian businesses up to R1.1 billion in funding support to survive the impact of Covid-19, after its Country Road stores were forced to close during that country’s lockdown while David Jones suffered from lower numbers of people...
« Older Entries

Recent Posts

  • Market Information
  • Create Your Free Web site
  • 30 Small Enterprise Concepts That Use Skills You Already Have
  • Improve Reach With Display Ad Banners And Extra
  • Newest Monetary, Market & Financial Information And Analysis

Archives

Categories

January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Dec    

Tags

ban Bank banks billion business businesses companies concepts coronavirus Covid19 cuts debt economic economy enterprise Eskom financial fund global ideas industry information investors Lockdown market markets million money Oil online opinion pandemic price relief rescue SAA SAs small south start stocks time virus warns world

TL

  • Facebook
  • Twitter
  • Google
  • Instagram
  • RSS
nicolesmagicspatula.com
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.