by sundelbolong | May 28, 2020 | Business & Finance News
City Power has warned that it may be forced to cut electricity to certain areas of Johannesburg for six hours per day due to the proliferation of illegal connections placing strain on its infrastructure as winter demand spikes. Load rotation takes place when the...
by sundelbolong | May 28, 2020 | Business & Finance News
South African banks may be better placed than their European counterparts to weather the Covid-19 storm, but they are not immune to collapsing, the South African Reserve Bank warned on Wednesday. Stress tests performed back in 2018 showed that local banks are...
by sundelbolong | May 26, 2020 | Business & Finance News
There are still large gaps in the financial aid needed to help airlines survive the Covid-19 crisis, the International Air Transport Association said on Tuesday. IATA, the trade association for the world’s airlines, expects the airline industry’s global...
by sundelbolong | May 26, 2020 | Business & Finance News
South Africa’s events industry should avoid going into a price war once the lockdown period is over, warns Glenton de Kock, CEO of the Southern African Association for the Conference Industry (SAACI). For him pricing in the “new normal” will be very...
by sundelbolong | May 24, 2020 | Business & Finance News
African governments could be shooting themselves in the foot in terms of economic recovery if airlines are not given adequate financial support, the International Air Transport Association has warned. IATA – the trade association for the world’s airlines – is...
