Category: Business

Latest GDP figures have laid bare the grim reality of COVID-19’s economic effects, revealing an unprecedented 51% decline in economic activity in the second quarter of this year (quarter-on-quarter, seasonally adjusted and annualised). In context, this number is hardly surprising given the impact of the virus and lockdowns on economies around the world. Of far […]

As South Africa continues gradually emerging from the national lockdown, the luxury residential property market is showing promising signs of increasing activity, says Dr Andrew Golding, chief executive of the Pam Golding Property group. Among most recent sales by Pam Golding Properties is a home in Clifton on the Cape’s Atlantic Seaboard purchased ‘sight unseen’ […]

Spring is in the air, and while we get ready to embrace the warm days of summer, we should also brace ourselves for the financial challenges that lie ahead. A new survey conducted by Debt Rescue revealed that 85% of consumers polled said that their financial situation was adversely affected by Covid-19. 45% of respondents […]

Are you in danger of losing your home because of lockdown layoffs? Your flat or house is probably your most important asset and a great source of emotional comfort ‒ but given the pandemic layoffs and precarious economy, you may be concerned that you could lose your hard-earned property. What are the chances of your home being […]

20-year old Tony McPherson believes in quality healthcare and medical access for all. After identifying a need for medical consumables and disposables to difficult-to-deliver regions and rural communities across Africa, 20-year old Capetonian, Tony McPherson launched McPherson Trading, a tender based procurement consultancy to help fill this gap.  Since opening doors in January 2019, the […]

“The birds they sang, at the break of day. Start again, I heard them say. Don’t dwell on what has passed away.” Leonard Cohen, Anthem. Spring is in the air, a season of new beginnings. For many executives it might be a good time to start afresh, to review your goals and to map out […]

COVID 19 has unearthed massive inequalities within our societies and brought to glaring light the unique burdens which women carry the world over. Graça Machel and Melinda Gates joined Africa.com to discuss their policy recommendations in regards to women during the pandemic. Both of these women are strong advocates for women’s issues. And both have […]

South Africans didn’t just spend their lockdown baking banana bread and making sourdough. They also took the opportunity to do renovations at their homes, with the hardware industry reporting an unexpected boom in home upgrades, repairs and extensions. But if you’ve recently renovated your home, it’s critical that you revisit your insurance policies to make […]

The marketing of alcohol brands has had to adapt significantly during the COVID-19 lockdown and the subsequent bans on alcohol sales, with a renewed focus on ensuring the creation of an alcohol-safe South Africa. Distell has collaborated with Diageo SA to promote synergy between players and constructively promote the growing trend of moderation, the responsible […]

A new survey by the South African SME Finance Association (SASFA) shows that despite the help offered by government and the private sector, only a fraction of businesses had any support. Only 47% of business owners applied for relief from government or financial institutions, because many did not believe they would qualify.  Even amongst the […]