Further rate cuts in South Africa hinge on forecast for economy
Further interest-rate cuts in South Africa may now depend on how deep the central bank sees the economy contracting.
business
Food prices are climbing again in South Africa – much sooner than anticipated
The price for a basket of select and staple food in South Africa has started trending upwards again, says the Pietermaritzburg Economic Justice and Dignity group (PMBEJD) – something it did not anticipate happening so soon.
Unions push for retrenchment changes in South Africa – including demands for more severance pay
The Congress of South African Trade Unions (Cosatu) says it will push for changes to be made to Section 189of the Labour Relations Act so as to make the retrenchment process fairer to workers.
ADSL is getting cut off next week – Move to fibre now
Openserve will terminate ADSL in areas which are covered by its fibre network on 1 September. Here is an easy way to move to fibre.
City of Tshwane uncovers 1,400 ‘ghost workers’ drawing monthly salaries: report
The City of Tshwane has reportedly identified as many as 1,400 ‘ghost workers’ – illegally drawing monthly salaries from the municipality.
South Africa could be first in region to produce Covid-19 vaccine
South Africa may sign a deal to help produce a Covid-19 vaccine, potentially boosting access to immunization on a continent with limited manufacturing capacity.
Samsung Galaxy Note 20 launched in South Africa – Buy it now
Samsung’s new Galaxy Note 20 and Note 20 Ultra are now available in South Africa, offering high-end users the latest in cutting-edge smartphone technology.
Government’s Covid-19 relief payments are back up
The Department of Labour says that the Unemployment Insurance Fund has resumed payments of the Covid-19 TERS Benefits, following a 24-hour delays which was needed to address some control deficiencies in the online payment system.
Blue Label points to recovery following Cell C write down
Blue Label Telecoms on Thursday (27 August), reported a 10% drop in revenue for the year ended May 2020, to R21.1 billion.
Beyond the balance sheet and digital transformation – How CFOs play a key role in managing a remote workforce
CFOs face new complexities due to the COVID-19 pandemic. This includes managing a remote workforce as well as an expanding security and compliance mandate.