The NUMSA led strike in the engineering sector looks set to continue while union members at SAA continue to protest what they deem to be 'deplorable' working conditions, the markets remain mixed.
The ongoing strike in the steel sector could lead to job losses, the global energy squeeze continues as France swings back to nuclear power, and the JSE slightly down.
Shares in cement maker PPC jump due to a new protective government ban, stand by for a probable interest rate hike in November, and the Nobel prize in economics is shared by three US scholars.
The tourism industry breathes a sigh of relief as South Africa is removed from the UK's red list, in a major coup for small businesses Santam loses appeal on covid-19 payouts, and the markets are in much better shape.
The SA liquor industry resumes tax payments of two and a half billion rands per month, the new communications minister says the outage of global social media platforms this week is a reminder that government can do more to support the development of similar technology, and the markets look a…
Eskom is now the biggest emitter of sulfur dioxide in the world, Sanlam buys Absa's investment management businesses, and the markets are in somewhat better shape.
South Africa could be off the UK's Covid travel red list by Thursday, Bioentech says a new vaccine formula is likely to be needed by mid-2022 to protect against future mutations of the virus, and mixed signals from the markets. (Chris Buchanan was in for Chris Gibbons this morning)
Five billion dollars may be on the table to assist South Africa in breaking its dependence on coal-fired electricity, a suspect related to alleged money laundering related to the Guptas and state capture has appeared in court, and the markets remain mixed.
An interest rate hike may be closer than we think, Bloomberg reports we are taking pressure from a slow down in China's economy, and SA's red list coronavirus status continues to cripple the tourism industry.
China dominates business headlines, property giant Evergrande defaults on crucial bond repayment, and in case you missed it, the Reserve Bank Thursday decided to leave interest rates unchanged.
SA Airways back in the skies as of today, mining houses score a major victory in the High Court, and interest rates in the USA expected to rise mid 2022.
A measure of stability returns to global markets as Evergrande makes payments, South Africa's energy regulator and the Department of Energy face a legal challenge, and the SA post office is seeking financial assistance.
A substantial sell-off on world markets triggered by China's property giant Evergrande, and President Xi Jinping calls for tighter economic control of his country's economy by the ruling Communist Party.
At least a dozen central banks to decide on interest rates this week including our own Reserve Bank, the US stock market is down, and crunch time for huge Chinese property group Evergrande.
Officials from some of the wealthiest countries in the world due to arrive in SA to strike a deal to close Eskom's coal-powered stations, Unions representing municipal workers strike a deal for a below-inflation wage increase, and the lack of tourism continues to hammer Cape Town's Waterfront.
SA cabinet ministers have met to discuss how best to accelerate economic growth amidst a declining fiscal capacity, Business Day decries the emigration of skilled workers from the country, and the bid to liquidate retail giant Steinhoff continues in the Western Cape High Court.
Big names in SA business appeal to British Prime Minister Boris Johnson to ease restrictions on travel to South Africa, and the CEO of Investment House PSG pens an open letter calling for a mandatory vaccination policy.
14 Sep 2021
2 min
920 – 940
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