Nedbank has informed staff of a planned shift in workforce plans, with a number of employees set to continue working from home post-Covid-19 pandemic. Source: BusinessTech
The Department of Home Affairs has announced that it will only resume the processing of permanent residency permits in South Africa from next year. Source: BusinessTech
Besides the severe impact it is having on the health sector, the upcoming week’s Covid-19 statistics should influence whether government decides on an extension of the two-week adjusted level 4 regulations, say economists at the Bureau for Economic Research (BER). Source: BusinessTech
President Cyril Ramaphosa says that South Africa is beginning to show signs of economic recovery after the country was deeply damaged by the Covid-19 pandemic. Source: BusinessTech
A handful of emerging-market currencies have held onto gains versus the dollar this year. That list may shrink in the coming weeks as the highly contagious delta variant forms a new fault line for developing nations. Source: BusinessTech
New data from consumer credit reporting agency, TransUnion shows that South Africa’s vehicle finance market is showing signs of recovery as the rate of originations growth continues to improve, balances increased and delinquency rates improved. Source: BusinessTech
Statistics South Africa has published its latest report on liquidations and insolvencies, pointing to a significant increase in liquidations since the start of the year. Source: BusinessTech
Increasingly companies are looking to adopt smart technologies to optimise production and decision-making in order to create businesses of the future. However, as reliance on autonomous and digital technology grows, so too does the risk of cyber-attacks, says professional services firm PwC. Source: BusinessTech
Personal income tax annual filing season starts on 1 July 2021 – and it could leave thousands of South Africans living and working abroad with a potential tax liability for the first time, under amended tax legislation. Source: BusinessTech
The number of daily Covid-19 cases in South Africa climbed to a record 26,485 on Saturday, with a total of 96,896 tests conducted in the last 24 hours, representing a 27.3% positivity rate. Source: BusinessTech
