Your partner in Finance
Cash Flow Capital believes that being a successful business owner in South Africa requires a unique, human-centric approach. Source: BusinessTech
Scrapping COO role helped Eskom’s performance says Makwana
Eskom Chairman says the better performance of Eskom isn’t a fluke but rather attributed to a change in its management structure. Source: BusinessTech
Vaping tax disaster – 50% of retailers could go under by year-end
The implementation of the new tax has been causing severe consequences for vape retailers, leading to the closure of some stores. Source: BusinessTech
The cheapest bank accounts in South Africa
Six banks in South Africa offer entry-level accounts with no monthly fees. Source: BusinessTech
Comair restarts Kulula and British Airways flights in South Africa
Comair has announced that its British Airways and kulula.com flights will start operating again from Thursday (17 March). Source: BusinessTech
New lockdown rules for South Africa to replace state of disaster – here’s what you should know
The Department of Health has published new regulations under the National Health Act which will effectively act as a long-term replacement to South Africa’s state of disaster Covid regulations. Source: BusinessTech
Why South Africa can’t create new jobs: government
Low business confidence is the single most important barrier to investment in South Africa, which has directly led to low employment growth, says the Department of Planning, Monitoring and Evaluation (DPME). Source: BusinessTech
New law proposes scrapping BEE in South Africa – and replacing it with a new model
The opposition Democratic Alliance has announced its intention to table the Preferential Procurement Policy Framework Amendment Act, or ‘Social Impact Bill’ for public comment. Source: BusinessTech
Standard Bank to raise R300 billion to fund green projects
Standard Bank Group, Africa’s biggest lender by assets, plans to raise as much as R300 billion ($20 billion) by 2026 to help fund renewable energy projects, even as it remains open to supporting fossil fuels. Source: BusinessTech
South Africa trials new border system
The Cross-Border Road Transport Agency (C-BRTA) is in a process of implementing a new pilot project which will significantly reduce waiting times at the country’s land borders, says Transport minister Fikile Mbalula. Source: BusinessTech