Increasing job losses and the overall negative impact on the economy of the nationwide lockdown has seen South Africa’s ’s expanded unemployment rate accelerate to 42% for the second quarter of 2020. The latest Quarterly Labour Force Survey Quarter 2: 2020 results show that a shocking 2.2 million jobs were[…]
An economic plan presented by the South African government last week was “fragmented and uncoordinated,” suggesting there’s been little discussion on the proposals, the nation’s main business lobby group said. State officials met business and labour-union representatives 13 August to discuss ways to revive an economy set to contract this[…]
It seems a national shutdown has formed part of discussions between President Cyril Ramaphosa and smaller opposition parties. Several opposition leaders met with the president at the Union Buildings on Sunday, where they shared their views on the country’s battle against the novel coronavirus. The meeting came amid reports that[…]
Black Friday is around the corner. November 29 to be exact. It is a huge discount-driven shopping day, held annually the day after the American holiday, Thanksgiving. It has slowly become one of SA’s biggest shopping days. Here are some dos, don’ts and definitely don’ts to make your shopping experience[…]
Heads of African countries have flocked to Russia for a first of its kind summit, where Moscow will be offering business ties and security arrangements alternative to ‘colonial-style’ relations with the West. Over the past decade, the African continent has become a battleground for geostrategic competition involving China, the US,[…]
Eskom has announced that South Africans will face a full day of Stage 4 load shedding on Monday as it battles a shortage of capacity. The power utility implemented Stage 4 load shedding on Sunday. It said rotational power cuts would continue throughout the night at Stage 2 level until[…]
Corporate social investment (CSI) has the power to bring about social justice and to end poverty‚ inequality and unemployment. This is according to former public protector Thuli Madonsela‚ who was delivering a keynote address at the eleventh annual Trialogue Business in Society Conference in Johannesburg on Tuesday. “Business is in[…]
Cape Town Mayor Patricia de Lille says saving water in the province should be a collective effort among residents, business and government. She was addressing the business sector on the water situation in the Western Cape on Tuesday night as dam levels stand at only 20 percent with about ten[…]
Six leading South Africans, young and old, received awards for their success stories in commerce, industry and professional sectors from the Minara Chamber of Commerce at the NMJ Hall in Morningside, Durban, on Friday evening. In the presence of Shell South Africa’s chairman Bonang Mohale, KwaZulu-Natal’s MEC for Human Settlements[…]
South Africa has been named amongst the eight worst corruption hotspots on the African continent, in a survey conducted by law firm ENSafrica. The findings placed the country 7th in terms of corruption and bribery across the continent, although it also highlighted an increase in anti-bribery compliance awareness amongst those[…]
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