by sundelbolong | May 20, 2020 | Business & Finance News
A new survey by landlord-tenant matching platform FlowFindings among 80 000 residential tenants on their database in South Africa, found that, due to the impact of the coronavirus pandemic, only 37% can afford to pay their rent in full in May, while 22% said they...
by sundelbolong | May 19, 2020 | Business & Finance News
State-owned arms manufacturer, Denel, has become the latest company to join a growing list that are telling employees funds for salaries are falling short. State-owned enterprises who went into lockdown in an already troubled financial state are increasingly pleading...
by sundelbolong | May 19, 2020 | Business & Finance News
The contracts of employees of SA Express have been suspended in terms of the Insolvency Act, they were informed in an internal letter from the airline’s provisional liquidator Aviwe Ndyamara of the Tshwane Trust Company. In March, SA Express, like other...
by sundelbolong | May 18, 2020 | Business & Finance News
Three unions representing more than 60% of employees at South African Airways are calling for an investigation into the work done by the troubled airline’s business rescue practitioners since they started in December last year. The National Union of Metal...
by sundelbolong | May 17, 2020 | Business & Finance News
Even CEOs are starting to get squeezed by the economic realities of this pandemic. But compared to their employees, a growing number of critics still say it’s not enough. So far, top executives of many major corporations — including some at the very epicenter of the...
