The creditor meeting will be convened to discuss the funding issue and the proposed future of the cash strapped state-owned entity. JOHANNESBURG – Administrators at South African Airways (SAA) have called for a creditor meeting on Friday as funding for the airline’s restructuring has not been received as anticipated. The creditor meeting will be convened […]
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WATCH: Will the Reserve Bank drop the repo rate on Thursday? The bank has reduced the rate by 300 basis points so far this year, in an effort to promote growth amid an economy suffering under the effects of the COVID-19 lockdown. South African Reserve Bank (Sarb) Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter JOHANNESBURG – The […]
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SARB Governor Lesetja Kganyago announces repo rate remains unchanged Kganyago made the announcement during a briefing on Thursday afternoon. South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP JOHANNESBURG – The Monetary Policy Committee has decided to hold the repo rate 3.5%, with effect from 18 September 2020. Reserve Bank Governor Lesetja Kganyago made the […]
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Lungisa was convicted of the assault of a fellow councillor in 2016. FILE: Andile Lungisa. Picture: Supplied CAPE TOWN – Former African National Congress (ANC) Nelson Mandela Bay (NMB) Councillor Andile Lungisa, has started serving a 2-year jail term. Lungisa was convicted of the assault of a fellow councillor in 2016. Following failed appeals against […]
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The wife of former Finance Minister Malusi Gigaba is in the Pretoria High Court to challenge the validity of her arrest. Norma Gigaba, wife of Former Finance Minister Malusi Gigaba at Pretoria Magistrates Court on 14 September 2020. Picture: Abigail Javier/EWN JOHANNESBURG – Lawyers for Norma Mngoma have argued that she is going through continuous […]
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The council’s Dr Kgosi Letlape has commented following the shooting death of Dr Abdulhay Munshi, who was co-accused in a legal case following the death of a boy in the care of Dr Peter Beale. HPCSA President Dr Kgosi Letlape. Picture: Twitter/@DrZweliMkhize JOHANNESBURG –The Health Professions Council of South Africa (HPCSA) has described the recent […]
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Business plan training is now available online for South African entrepreneurs, following the launch of the exciting startup business planning tool Hola Business earlier this month. Hola Business aims to simplify and streamline the process of getting a new business off the ground, helping entrepreneurs save both time and money in the early cycles of […]
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GoDaddy, the company that empowers everyday entrepreneurs, has released the GoDaddy Global Entrepreneurship Survey which looks at how the COVID-19 pandemic has impacted the world’s smallest businesses. The research shows the pandemic has severely affected small enterprises, with 75 percent reporting a fall in revenues. Yet, the findings also reveal a resolve among those entrepreneurs to not […]
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The 8th Angel Fair Africa would feature an all female investors and entrepreneurs panel; thus building on our 2016 all female investors panel. The investors pane, consisting of Hannah Subayi, Partner of Dazzle Angels, Evelyne Dioh, CEO of WIC Capital, Lelemba Phiri, Partner of Enygma Ventures and Maya Famodu, CEO of Ingressive Capital, will be […]
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“Blue diamonds are so rare that there are no official statistics on their recovery.” A 29.6 carat blue diamond has been discovered at a South African mine by Petra Diamonds. Picture: www.petradiamonds.com. JOHANNESBURG – A South African diamond producer on Wednesday announced it had found five blue stones, considered to be among the world’s rarest […]
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