Big payday for SAA business rescue practitioners
The business rescue process for South African Airways (SAA) has cost South African taxpayers a total of R169 million, according to a report by the Sunday Times. Source: MyBroadband
The business rescue process for South African Airways (SAA) has cost South African taxpayers a total of R169 million, according to a report by the Sunday Times. Source: MyBroadband
Local airline Lift will open its website for bookings on Tuesday (10 November) as it prepares to officially begin operations on 10 December. Source: BusinessTech
Demand for second passports and Citizenship by Investment programmes (CIB) has spiked since level 3 of the Covid-19 lockdown, says Nadia Read Thaele, managing director of LIO Global, a leading specialist firm in second residency and citizenship by investment planning. Source: BusinessTech
The South African government’s COVID-19 contact tracing initiative, enabled by the COVID-19 Alert SA app, has failed to help the country meet its contact tracing targets. Source: MyBroadband
The micro-living trend has arrived in South Africa and is making it possible for easy access to property investing in a niche investment sector that is set to explode in SA as an alternative residential asset with higher yields than other property classes. Source: BusinessTech
South Africa’s domestic vehicle market is expected to continue recovering at a steady but tepid pace, but could face disruptions due to international lockdowns, says Nedbank. Source: BusinessTech
No-one could have predicted the catastrophic consequences that Covid-19 would have across the world with its impact having been felt across nearly all industries. Source: BusinessTech
The DoppelPaymer ransomware group has released data which it said it exfiltrated during an attack on the systems of the Office of the Chief Justice in South Africa. Source: MyBroadband
Post-pandemic, it is expected that fixed-term employment contracts will become increasingly valuable business tools that allow employers the flexibility to manage the impacts of a volatile business environment. Source: BusinessTech
Here are 40 of the most popular apps in South Africa which can be installed on new Huawei devices that don’t support Google Mobile Services. Source: MyBroadband