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Increasing concern about the effects of lockdown
Business sentiment turned negative in May marking the first subdued outlook as firms became increasingly concerned about the extended lockdown.
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Business sentiment turned negative in May marking the first subdued outlook as firms became increasingly concerned about the extended lockdown.
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Oppenheimer, Cisco-backed Harambe raise funds for Africa tech startups
Harambe Entrepreneur Alliance raised $1 million to support its African technology startups.
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Harambe Entrepreneur Alliance raised $1 million to support its African technology startups.
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American Airlines to boost US flights in July as economy reopens
American Airlines Group said Thursday it will boost its US flight schedule next month over dramatic reductions since the coronavirus pandemic.
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American Airlines Group said Thursday it will boost its US flight schedule next month over dramatic reductions since the coronavirus pandemic.
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Farmers turn to commercial banks as SA lender stalls
Farmers are turning to commercial lenders to top up their working capital as the Land and Agricultural Development Bank battles a liquidity crisis.
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Farmers are turning to commercial lenders to top up their working capital as the Land and Agricultural Development Bank battles a liquidity crisis.
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Africa has to weather Covid-19 trauma without massive stimulus
For advanced economies dealing with economic disruptions from the coronavirus pandemic, the response of choice has been massive stimulus packages.
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For advanced economies dealing with economic disruptions from the coronavirus pandemic, the response of choice has been massive stimulus packages.
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British Airways boss says burning through cash, urges unions to engage
The boss of British Airways said its parent company IAG was burning through 178 million pounds ($223 million) a week and could not guarantee its survival.
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The boss of British Airways said its parent company IAG was burning through 178 million pounds ($223 million) a week and could not guarantee its survival.
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World Bank warns 60 million could be pushed into extreme poverty
The World Bank yesterday warned that 60 million people globally could be pushed into extreme poverty this year due to the coronavirus pandemic.
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The World Bank yesterday warned that 60 million people globally could be pushed into extreme poverty this year due to the coronavirus pandemic.
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Mozambique expects Exxon gas project decision next year
Mozambique’s National Petroleum Institute expects Exxon Mobil’s final investment decision on a $30 billion gas project in the north of the country in 2021.
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Mozambique’s National Petroleum Institute expects Exxon Mobil’s final investment decision on a $30 billion gas project in the north of the country in 2021.
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Grit nets more than 80% of contracted rent in April, 76% for May
GRIT REAL ESTATE Income Group, a pan-African income real estate company, said yesterday that it had collected more than 80 percent of contracted rent revenues for April, and more than 76 percent for May.
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GRIT REAL ESTATE Income Group, a pan-African income real estate company, said yesterday that it had collected more than 80 percent of contracted rent revenues for April, and more than 76 percent for May.
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7 things you need to know today
We take a look at the night-loving business news this morning and top stories from our newsrooms across SA, Africa, and the world.
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We take a look at the night-loving business news this morning and top stories from our newsrooms across SA, Africa, and the world.
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Cautious collaboration for the subsistence of SME's post Covid-19
The exceptional nature of this crisis may spark the urge for businesses to collaborate with competitors.
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The exceptional nature of this crisis may spark the urge for businesses to collaborate with competitors.
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The impact of Covid-19 on the African energy sector
According to the latest statistics, the coronavirus outbreak will reduce global oil demand by 4% - or 4.1 million barrels a day.
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According to the latest statistics, the coronavirus outbreak will reduce global oil demand by 4% - or 4.1 million barrels a day.
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BLSA: Back to school delays highlights work to be done on the social compact
There needs to be a more flexible approach between business and the government in the weeks to come.
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There needs to be a more flexible approach between business and the government in the weeks to come.
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WATCH: Rand hits 11-week high against the US dollar
Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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Finbond liquidity, cash flow position resilient
Finbond has warned that the Covid-19 pandemic and national lockdowns will result in a global economic downturn.
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Finbond has warned that the Covid-19 pandemic and national lockdowns will result in a global economic downturn.
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Rand breaks psychological R17/$ level
The country's monetary unit gains on the back of improving global sentiment and a weakening greenback
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The country's monetary unit gains on the back of improving global sentiment and a weakening greenback
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Bank of England tells banks to be ready for no-deal Brexit
Banks should prepare for the possibility of a no-deal in post-Brexit trade talks between Britain and the European Union, said the Bank of England.
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Banks should prepare for the possibility of a no-deal in post-Brexit trade talks between Britain and the European Union, said the Bank of England.
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OPINION: The future of agri-food marketing as world turns to e-commerce
The agri-food sector should not be left behind and should be innovative in its response to the pandemic.
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The agri-food sector should not be left behind and should be innovative in its response to the pandemic.
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High demand for ride-hailing cars with Covid-19 protection measures by healthcare workers
The demand for ride-hailing vehicles with additional Covid-19 physical protection measures has surged according to ride-hailing company Bolt.
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The demand for ride-hailing vehicles with additional Covid-19 physical protection measures has surged according to ride-hailing company Bolt.
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Oppenheimer, Cisco backed Harambe raise funds for Africa tech startups
Harambe Entrepreneur Alliance has raised $1 million to support its African technology startups and help kick-start the return of venture capital to the continent.
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Harambe Entrepreneur Alliance has raised $1 million to support its African technology startups and help kick-start the return of venture capital to the continent.
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Royal Ascot more than halves prize money due to pandemic
Ascot Racecourse chief executive Guy Henderson said in a statement that 2020 had been set to be a landmark year.
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Ascot Racecourse chief executive Guy Henderson said in a statement that 2020 had been set to be a landmark year.
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I was overcome with sadness - Kenyan Kipchoge after London Marathon postponement
The London Marathon was scheduled for April, with Kipchoge the defending champion, before it was postponed.
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The London Marathon was scheduled for April, with Kipchoge the defending champion, before it was postponed.
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Soccer club Tottenham among firms to tap virus financial loan scheme
Tottenham are among companies to take up a coronavirus loan scheme from the Bank of England to tide them over during the pandemic.
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Tottenham are among companies to take up a coronavirus loan scheme from the Bank of England to tide them over during the pandemic.
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Federation plagued by decades of corruption, says investigation
Canadian law professor Richard McLaren told reporters on Thursday that the IWF was rife with corruption.
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Canadian law professor Richard McLaren told reporters on Thursday that the IWF was rife with corruption.
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Players have responsibility to oppose racism, says Bayern's Kimmich
Players have to acknowledge their responsibility as role models and take a stand against racism, says Joshua Kimmich.
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Players have to acknowledge their responsibility as role models and take a stand against racism, says Joshua Kimmich.
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A world-class event and medal-worthy team - Netball SA president’s bold ambitions for World Cup
Cecilia Molokwane told a virtual media conference this week that SA would like to stage “a world-class African magical World Cup”
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Cecilia Molokwane told a virtual media conference this week that SA would like to stage “a world-class African magical World Cup”
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SuperSport to conclude season with 20 players
SuperSport United won’t be renewing some players’ contracts that will expire on June 30.
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SuperSport United won’t be renewing some players’ contracts that will expire on June 30.
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All-female W Series cancels entire 2020 season
But the formula has promised to return next year with at least two support races on the Formula One calendar.
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But the formula has promised to return next year with at least two support races on the Formula One calendar.
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I'm ready to get back in the win column - former EFC contender Luke Michael
Luke Michael lost his title shot against Extreme Fighting Championship's Themba Gorimbo at EFC82.
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Luke Michael lost his title shot against Extreme Fighting Championship's Themba Gorimbo at EFC82.
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Bryan Habana: In his own words
Historian Dr Dean Allen will sit down with Bryan Habana where they will reflect on his auspicious rugby career as well as charity work.
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Historian Dr Dean Allen will sit down with Bryan Habana where they will reflect on his auspicious rugby career as well as charity work.
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Benni wants to mend his relationship with 'good friend' John Comitis
Benni McCarthy feels he owes his former boss at Cape Town City John Comitis a call following his unceremonious departure from the Cape club earlier this season.
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Benni McCarthy feels he owes his former boss at Cape Town City John Comitis a call following his unceremonious departure from the Cape club earlier this season.
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Bidvest Wits' finances: Where there's smoke, there's fire.
Mihlali Baleka looks at the disturbing rumours about Bidvest Wits' financial well-being.
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Mihlali Baleka looks at the disturbing rumours about Bidvest Wits' financial well-being.
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Tyrone Green: I’m definitely not thinking about qualifying for England
New Harlequins signing Tyrone Green is confident Springbok coach Jacques Nienaber will keep a close eye on him in England.
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New Harlequins signing Tyrone Green is confident Springbok coach Jacques Nienaber will keep a close eye on him in England.
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Absa, PSL part ways after 16-year relationship
Absa and the PSL will be ending their sponsorship relationship of the Absa Premiership at the end of the current season.
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Absa and the PSL will be ending their sponsorship relationship of the Absa Premiership at the end of the current season.
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Ryder Cup: 'To cheat out the Wisconsin fans would be a crime'
Holding golf's Ryder Cup later this year without fans present due to the Covid-19 pandemic would almost make the event "a "yawner".
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Holding golf's Ryder Cup later this year without fans present due to the Covid-19 pandemic would almost make the event "a "yawner".
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Wolff admits Mercedes blocked F1 reverse grid, calls it a 'gimmick'
The Mercedes team felt it was a gimmick that could affect the championship outcome, Toto Wolff said on Wednesday.
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The Mercedes team felt it was a gimmick that could affect the championship outcome, Toto Wolff said on Wednesday.
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The Glory of '95: Argentina's Los Pumas not crying anymore
How Argentina went from also-rans in 1995 to Rugby World Cup semi-finalists and top-tier threat.
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How Argentina went from also-rans in 1995 to Rugby World Cup semi-finalists and top-tier threat.
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One positive result at Spurs in latest round of Covid-19 testing
One person has tested positive for Covid-19 in the latest round of testing ahead of the Premier League’s restart on June 17.
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One person has tested positive for Covid-19 in the latest round of testing ahead of the Premier League’s restart on June 17.
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Mercedes F1 boss Toto Wolf backs Lewis Hamilton on racial injustice
Mercedes team boss Toto Wolff has given Lewis Hamilton his full backing for the condemnation of racial injustice after the death of George Floyd.
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Mercedes team boss Toto Wolff has given Lewis Hamilton his full backing for the condemnation of racial injustice after the death of George Floyd.
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Young Blues players 'pinching themselves' after Dan Carter signing
Former All Blacks flyhalf Dan Carter has made a surprise return to New Zealand domestic rugby by joining the Blues.
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Former All Blacks flyhalf Dan Carter has made a surprise return to New Zealand domestic rugby by joining the Blues.
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Born in a war zone: Frantic women help deliver baby amid gunfire
A group of Manenberg moms rolled up their sleeves during the early hours this week and helped deliver a healthy baby girl amid gunfire and a bloody gang war.
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A group of Manenberg moms rolled up their sleeves during the early hours this week and helped deliver a healthy baby girl amid gunfire and a bloody gang war.
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Cameroon accused of not taking coronavirus seriously
Measures implemented to curb the spread of Covid-19 in Cameroon have triggered mass criticism as the country most affected by the virus, compared to other central African countries, is accused of taking the virus lightly.
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Measures implemented to curb the spread of Covid-19 in Cameroon have triggered mass criticism as the country most affected by the virus, compared to other central African countries, is accused of taking the virus lightly.
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SA's Covid-19 cases shoot up by more than 3 000, with 56 more deaths
The number of confirmed Covid-19 cases in SA is increasing exponentially. The tally rose by 3 267 to 40 792, compared to yesterday's increase by 1 713, Health Minister Zweli Mkhize said on Thursday.
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The number of confirmed Covid-19 cases in SA is increasing exponentially. The tally rose by 3 267 to 40 792, compared to yesterday's increase by 1 713, Health Minister Zweli Mkhize said on Thursday.
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'Drunk thugs causing havoc' in Cape Town suburb after lifting of ban on booze sales
A 70-year-old woman and her son say drunk thugs drove into the wall at the front of their home and have been causing havoc in Clarke Estate since Monday.
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A 70-year-old woman and her son say drunk thugs drove into the wall at the front of their home and have been causing havoc in Clarke Estate since Monday.
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Use of high-flow oxygen in Western Cape 'game changing Covid-19 alternative to ventilator'
Premier Alan Winde believes this therapy can be administered in general wards, under the correct supervision, which will minimise the need for critical-care beds.
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Premier Alan Winde believes this therapy can be administered in general wards, under the correct supervision, which will minimise the need for critical-care beds.
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Social distancing won't be enforced at Trump Mount Rushmore event
Organisers have scrapped plans to mandate social distancing during President Donald Trump's appearance at a July 3 Mount Rushmore fireworks display and won't limit the crowd due to coronavirus concerns.
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Organisers have scrapped plans to mandate social distancing during President Donald Trump's appearance at a July 3 Mount Rushmore fireworks display and won't limit the crowd due to coronavirus concerns.
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Tunisian museums reopen to visitors after three months
After nearly three months of closure due to precautionary measures implemented to counter the coronavirus pandemic, visitors are now allowed to visit Tunisia’s museums.
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After nearly three months of closure due to precautionary measures implemented to counter the coronavirus pandemic, visitors are now allowed to visit Tunisia’s museums.
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Two post offices targeted in Limpopo – but one alleged robbery bid foiled
An armed robbery that was allegedly set to take place at a post office used as a social grant paypoint at Atok in Apel, 85km from Polokwane, has been foiled.
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An armed robbery that was allegedly set to take place at a post office used as a social grant paypoint at Atok in Apel, 85km from Polokwane, has been foiled.
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Western Cape records 42 more Covid-19 deaths while cases increase to 26 386
The Western Cape has recorded 643 deaths, 11 469 active Covid-19 cases, 26 386 confirmed cases, 14 917 recoveries and 973 people in hospital.
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The Western Cape has recorded 643 deaths, 11 469 active Covid-19 cases, 26 386 confirmed cases, 14 917 recoveries and 973 people in hospital.
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Black architect who knew George Floyd hopes to rebuild a more just Twin Cities
The 48-year-old James Garrett, whose grandfather was Saint Paul's first black deputy police chief, said he was committed to helping rebuild his community
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The 48-year-old James Garrett, whose grandfather was Saint Paul's first black deputy police chief, said he was committed to helping rebuild his community
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Woman shot dead, nephew wounded after Cape Flats robbers target car
The heartsore family of Anneline Rangolie, 38, say they are struggling to come to terms with her death after seeing her slumped behind the wheel of her silver VW Polo.
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The heartsore family of Anneline Rangolie, 38, say they are struggling to come to terms with her death after seeing her slumped behind the wheel of her silver VW Polo.
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World Health Organisation launches app to support healthcare workers
The app enables workers to access the WHO’s rapidly expanding bank of educational material and guidance, along with offering opportunities to participate in virtual skills workshops and other live training.
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The app enables workers to access the WHO’s rapidly expanding bank of educational material and guidance, along with offering opportunities to participate in virtual skills workshops and other live training.
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Lapses in behavioural change drive Covid-19 infection rate, says Western Cape health boss
Western Cape health boss Keith Cloete says it has been found that healthcare staff, for example, comply fully with all precautions when tending to a coronavirus patient, but drop their guard in the hospital tea room with colleagues.
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Western Cape health boss Keith Cloete says it has been found that healthcare staff, for example, comply fully with all precautions when tending to a coronavirus patient, but drop their guard in the hospital tea room with colleagues.
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More than 3 million screened for Covid-19 in SA
Health Department spokesperson Thapelo Lekgwethwane said this is good progress considering the total population of North West stands at just below 4 million.
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Health Department spokesperson Thapelo Lekgwethwane said this is good progress considering the total population of North West stands at just below 4 million.
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ANC slams mayor Mzwandile Masina’s ‘white capital’ views
The Gauteng ANC provincial executive committee has openly slammed Ekurhuleni mayor Mzwandile Masina’s behaviour and his expressed support for the collapse of “white monopoly capital”.
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The Gauteng ANC provincial executive committee has openly slammed Ekurhuleni mayor Mzwandile Masina’s behaviour and his expressed support for the collapse of “white monopoly capital”.
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KZN government distances itself from social media influencer payment claims
The KZN government has distanced itself from social media claims and suggestions various departments had paid social media influencers to promote its budget presentations for the 2020/2021 financial year.
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The KZN government has distanced itself from social media claims and suggestions various departments had paid social media influencers to promote its budget presentations for the 2020/2021 financial year.
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There is a case for radical economic transformation, says economics professor
UWC Professor Matthew Ocran says the country’s economy has been stagnating in the past decade and, in order to reform it, there must be structural reforms like those proposed by radical economic transformation proponents.
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UWC Professor Matthew Ocran says the country’s economy has been stagnating in the past decade and, in order to reform it, there must be structural reforms like those proposed by radical economic transformation proponents.
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Young woman wounded in gang crossfire days before her 21st birthday
Michelle Louwfkieter from Manenberg is spending her 21st birthday in hospital after she was hit by a stray bullet inside her grandmother's home as heartless gangsters exchanged gunfire.
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Michelle Louwfkieter from Manenberg is spending her 21st birthday in hospital after she was hit by a stray bullet inside her grandmother's home as heartless gangsters exchanged gunfire.
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WATCH: The Covid-19 battle has just become robotic
There has never been a better time for the use of UV-D medical robots, using short-wavelength ultraviolet (UV-C) lamps that can disinfect theatre units, and rooms in eight minutes.
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There has never been a better time for the use of UV-D medical robots, using short-wavelength ultraviolet (UV-C) lamps that can disinfect theatre units, and rooms in eight minutes.
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The SANBS begins research on convalescent plasma for the treatment of Covid-19
There is an international rush to develop vaccines and treatment options for the illness and effective treatments are crucial for curing patients.
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There is an international rush to develop vaccines and treatment options for the illness and effective treatments are crucial for curing patients.
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