After already facing severe impacts because of the Covid-19 pandemic, South Africa faced new challenges and a hit to its economy during July, following unrest and looting in Gauteng and KwaZulu-Natal, costing businesses billions, and leading to claims worth over R6 billion, putting a significant amount of pressure on the South African Special Risk Insurance Association (SASRIA). Read more.
Established in 1925, The Foschini Group (TFG) is a South African clothing group that was listed on the Johannesburg Stock Exchange in 1941, trading under a wide range of brands with over 3,000 stores that form part of its portfolio.
Established in 1998, Curro Holdings, Limited (Curro) is a leading for-profit independent school provider in South Africa, actively involved in the development, acquisition, and management of independent schools for learners that range from the age of three months to Grade 12. Read more.
According to President Cyril Ramaphosa, his administration has made progress in combatting the scourge associated with corruption while strengthening the capacity of the state to deliver basic services to communities as well as businesses, hopefully leading to the creation of new jobs. Read more.
During the past 18 months, South Africa needed a reliable and incorruptible leader at the helm of the National Department of Health. Unfortunately, former Health Minister Zweli Mkhize has recently been exposed to being closely associated with a corruption saga that involves the communication firm, Digital Vibes. Read more.
After 544 days of grounded flights, South African Airlines (SAA) has emerged from bankruptcy proceedings with its first plane having flown on September 23 after flights were grounded in March 2020, and not necessarily only because of the Covid-19 pandemic. Read more.
Long gone are the days where people had to rely solely on their televisions for entertainment. As video streaming technology and subscription services such as YouTube and Netflix increased, a new era was ushered in that drew away from the purpose of having a television set when entertainment could be accessed from different devices. Read more.
Woolworths Holdings Limited (JSE: WHL) is a retailer based in South Africa, with operations that are spread across the entire Southern Hemisphere. Woolworths’ core business is focused on the provision of retail goods. Read more.
All developed economies around the world have an inherent responsibility to fund the transition involved with reducing carbon emissions to become a low carbon economy. South Africa is expecting a delegation from four of the richest nations in the world, namely the United States, the United Kingdom, France, and Germany during this coming week.
While many jurisdictions around the world are wary of how Bitcoin would perform in real-world applications, El Salvador took the plunge to roll Bitcoin out as a legal currency, becoming the first country in the world to do so. Read more.