Africa Edition Headlines

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• Source limited to: Business Report (IOL)

 2020-07-08 03:08 

Business Report (IOL)

Chinese premier stresses people's well-being, advancing reform, innovation...

Chinese Premier Li Keqiang stressed the importance of ensuring people's well-being and advancing reform and innovation to boost development....

 2020-07-08 03:08 

Business Report (IOL)

Chinese premier stresses people's well-being and advancing innovation...

Chinese Premier Li Keqiang stressed the importance of ensuring people's well-being and advancing reform and innovation to boost development....

 2020-07-07 20:30 

Business Report (IOL)

Starting a business in your 20s, consider these money management tips...

Starting a business is not easy, especially as a young person, with limited access to information and resources....

 2020-07-07 19:30 

Business Report (IOL)

Deutsche Bank and Google agree multi-year, strategic partnership...

Deutsche Bank said it has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients....

 2020-07-07 18:30 

Business Report (IOL)

HSBC to cut 38% of global banking and markets jobs in France...

HSBC France seeks to cut 255 of 678 jobs in its French global banking and markets unit by end-2021 as part of a broader plan to reduce costs....

 2020-07-07 17:30 

Business Report (IOL)

Omnia Holdings share price jumps more than 10% on the JSE...

Omnia Holdings share price jumps more than 10 percent on the JSE after the diversified chemicals group returned to profitability in the year to end March....

 2020-07-07 16:30 

Business Report (IOL)

Edgars owner to sell stake in clothing chain to rival retailer...

Edcon Holdings Ltd. agreed to sell part of South African clothing chain Edgars to a private equity-backed regional rival....

 2020-07-07 15:48 

Business Report (IOL)

Understanding what's going on with oil prices the avocado theory...

On 20 April for the first time ever, the price of West Texas Intermediate (WTI) crude oil, the benchmark price for US oil, fell into negative territory....

 2020-07-07 15:30 

Business Report (IOL)

Debt sale may tell if investors can stomach SA glut...

It could prove to be the bond auction that swamped the South African market....

 2020-07-07 14:30 

Business Report (IOL)

4Sight and Unplugg partner to form B-BBEE firm...

The new alliance, 4Sight Unplugg, will be 51 percent owned by Unplugg while 4Sight will have a 49 percent stake....

 2020-07-07 13:30 

Business Report (IOL)

Banks so far give R30.6bn in customer relief - Basa...

In addition, more than R10.6bn has been extended to distressed businesses under a Covid-19 loan guarantee scheme...

 2020-07-07 13:14 

Business Report (IOL)

Uber launches grocery delivery in Latin America, Canada with US to follow...

Uber Technologies Inc further expanded delivery offerings, launching an app-based grocery service in several Latin American and Canadian cities....

 2020-07-07 12:38 

Business Report (IOL)

Tribunal fines Dis-Chem R1.2m fine for inflating face mask prices...

The Competition Tribunal has slapped Dis-Chem Pharmacies with an R1.2m administrative penalty for charging excessive prices for face masks....

 2020-07-07 12:30 

Business Report (IOL)

Omnia swings into annual profit as restructuring pays off...

Despite coronavirus lockdowns in regions where Omnia operates, the company was able to withstand its impact....

 2020-07-07 12:21 

Business Report (IOL)

ICTU outraged by 'unfair play' against Iqbal Surv, Sekunjalo, Independent Media...

The ICTU's Thabang Mothelo said on Tuesday that no individual should live in a constant state of fear for their lives in democratic South Africa....

 2020-07-07 11:30 

Business Report (IOL)

FNB to discontinue cheque issuance from January 2021...

FNB has announced that it will be discontinuing the issuing of cheques by 01 January 2021....

 2020-07-07 11:04 

Business Report (IOL)

Public enterprises tells SAA unions there is no money for better severance pay...

The Department of Public Enterprises said it would not be able to entertain further demands from labour unions regarding the retrenchment process at South African Airways....

 2020-07-07 10:30 

Business Report (IOL)

Massmart eyes 1800 job cuts at Game...

Massmart has embarked on Section 189 consultations with organised labour on plans to possibly cut 1 800 jobs across its Game stores....

 2020-07-07 09:30 

Business Report (IOL)

Tribunal approves sale of Tongaat Hulett's starch business...

Tongaat Hulett said it was pleased at the decision by SA's Competition Tribunal to approve the acquisition of its Tongaat Hulett Starch business....

 2020-07-07 09:25 

Business Report (IOL)

Consumer confidence plunges to 35 year low...

Consumer confidence plunged to record lows in 35 years during the second quarter of 2020 due to the halt in economic activity in the three months to June....

 2020-07-07 09:00 

Business Report (IOL)

Will there be a steady electricity supply over the next decade?...

We need a reliable electricity supply to get us through the next six months. But what about the next six years?...

 2020-07-07 08:41 

Business Report (IOL)

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....

 2020-07-07 08:13 

Business Report (IOL)

Covid-19 hits Media24 hard with newspapers and magazines facing closures...

Media24 said that it is considering closures, reduced frequencies and will be closing 5 magazines ad 2 newspapers....

 2020-07-07 08:00 

Business Report (IOL)

22 On Sloane: Africa's ecosystem can learn from Global Start-up Ecosystem Report...

So a friend and I debated whether South African-born Elon Musk would have been as globally successful if he had launched his company at home. The jury is still out......

 2020-07-07 07:00 

Business Report (IOL)

WATCH: Rand gives up gains overnight...

Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world....

 2020-07-07 07:00 

Business Report (IOL)

Protection of personal information laws kick in...

WORDS ON WEALTH: The Protection of Personal Information Act, which was signed into law seven years ago in 2013, came fully into effect on July 1....

 2020-07-07 06:30 

Business Report (IOL)

Sasol to end its gas exploration near Bazaruto after robust pre-feasibility assessment...

Sasol's share price has been heavily traded by individual share traders since its sharp increase from only around R21 in March, following a global slump in oil prices....

 2020-07-06 05:30 

Business Report (IOL)

OPINION: Trust is the new black: a business argument for a more just post-pandemic world...

Let us work collectively and collaboratively, with all stakeholders, to achieve a social outcome that restores trust in our society....

 2020-07-06 05:00 

Business Report (IOL)

Are you thinking big?...

PSG is hosting a series of free webinars featuring some of South Africa's sharpest minds and most passionate voices....

 2020-07-06 04:30 

Business Report (IOL)

Proudly SA: On youth and their perceptions of South African brands...

On the very last day of Youth Month, Proudly SA engaged in a panel discussion on the topic of perceptions of South African brands....

 2020-07-05 20:34 

Business Report (IOL)

Chinese President Xi Jinping holding a welcome ceremony for Ghana's President Nana Akufo-Addo...

Chinese President Xi Jinping exchanged congratulatory messages to his Ghanaian counterpart, Nana Addo Dankwa Akufo-Addo, on the 60th anniversary of the establishment of China-Ghana diplomatic relations....

 2020-07-05 19:28 

Business Report (IOL)

Chinese-owned firm fined for locking workers inside Durban building until they met targets...

Chen Lu Fragrances CC forced 14 employees to each produce 500 surgical face masks each day....

 2020-07-05 16:00 

Business Report (IOL)

Goodbye to the wild wild web...

It felt like a dam breaking, or the changing of a guard....

 2020-07-05 13:00 

Business Report (IOL)

Is it a good time to refinance your commercial property?...

Even as lockdown regulations ease and the economy reopens, many businesses continue to face serious cash flow issues....

 2020-07-05 10:00 

Business Report (IOL)

Yes there is disruption - but also opportunity...

We have been through tough business situations like this before. This is not the first time and it may not be the last....

 2020-07-05 07:08 

Business Report (IOL)

Unions to take legal action to prevent SAA liquidation; call for Mboweni to be fired...

Numsa and Sacca had noted "with absolute shock and dismay" the recent press statements attributed to Mboweni and the National Treasury to the effect that SAA "should be closed down"....

 2020-07-05 07:00 

Business Report (IOL)

Icasa planning to issue invitations for licensing radio frequency spectrum...

Icasa is planning to issue invitations for the licensing of the radio frequency spectrum and the Wireless Open Access Network (WOAN)....

 2020-07-05 05:00 

Business Report (IOL)

SAA business rescue plan thrown into a tailspin...

The multi-billion rand proposed business rescue plan for South African Airways (SAA) has been thrown into a tailspin....

 2020-07-04 20:00 

Business Report (IOL)

Durban entrepreneur heads home to give back...

Local IT entrepreneur Shermar Stuart has returned to his old high school to set up a data-less streaming device for pupils at the school to pick up educational content on the school grounds and catch up what they missed during lockdown....

 2020-07-04 09:57 

Business Report (IOL)

Calls mount for solidarity with Africa as Covid-19 worsens livelihood of poor Africans...

China promised to cancel the debt of relevant African countries in the form of interest-free government loans that are due to mature by the end of 2020 within the framework of the Forum on China-Africa Cooperation....

 2020-07-04 07:38 

Business Report (IOL)

Reserve bank sanctions insurers for FICA transgressions...

Clientele Life fined R200 000, while Hollard Life and Outsurance Life cautioned....

 2020-07-03 20:00 

Business Report (IOL)

GM's China sales drop 5% in second quarter, underperforms industry recovery...

General Motors vehicle sales in China dropped 5.3 percent between April and June from the corresponding period last year....

 2020-07-03 19:00 

Business Report (IOL)

JPMorgan drops terms 'master,' 'slave' from internal tech code and materials...

JPMorgan Chase & Co is eliminating terms like "blacklist," "master" and "slave" from its internal technology materials and code as it seeks to address racism within the company....

 2020-07-03 18:00 

Business Report (IOL)

SA no longer features on Top 100 companies list...

Pandemic sees market capitalisation of the world's largest listed firms fall by R67 trillion...

 2020-07-03 17:53 

Business Report (IOL)

SA Reserve Bank imposes administrative sanctions on Outsurance, Clientele, Hollard...

SARB found weaknesses in each of the life insurers' money laundering control measures in terms of the FIC Act following inspections in 2019....

 2020-07-03 17:53 

Business Report (IOL)

SARB imposes administrative sanctions on Outsurance, Clientele, Hollard...

SARB found weaknesses in each of the life insurers' money laundering control measures in terms of the FIC Act following inspections in 2019....

 2020-07-03 17:00 

Business Report (IOL)

African budget carrier Fastjet suspends flights, warns on funds...

Fastjet said it's suspending commercial flights in South Africa and Zimbabwe due to the pandemic, jeopardising negotiations to raise emergency funds through a disposal....

 2020-07-03 16:00 

Business Report (IOL)

Building set for take-off if demand is unshackled...

The construction industry could grow rapidly from the third quarter if interest rates stay low for some time....

 2020-07-03 15:00 

Business Report (IOL)

RBPlat partnerss with government to open Royal Bafokeng Platinum Field Hospital...

Royal Bafokeng Platinum added 200 new beds to provide initial medical care for employees and community members....

 2020-07-03 14:42 

Business Report (IOL)

Old Mutual appoints of Iain Williamson as Chief Executive Officer...

Old Mutual has announced the appointment of Iain Williamson as Chief Executive Officer, effective immediately....

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