Category: BUSINESS
Retailer SPAR’s chairman and deputy chair resign
South African retailer SPAR Group said on Monday that its chairman, Mike Bosman and deputy chair Shirley Zinn had resigned from the board with immediate effect, prompting the appointment of
Read MoreWorkers at RCL Foods on strike over salary increases
Workers at RCL Foods Sugar and Milling, affiliated to different labour unions, have embarked on a protected strike action following a deadlock in salary negotiations. They are demanding a 13%
Read MoreNdabeni to update on Spaza Shop Support Fund implementation
Small Business Development Minister Stella Ndabeni will on Monday provide an update on the implementation of the Spaza Shop Support Fund. Ndabeni is expected to provide an update on the
Read MoreUS Senate votes to extend AGOA for another two years
The US Senate has voted overwhelmingly to extend the African Growth and Opportunity Act (AGOA), a key trade agreement with Africa, for another two years. The Senate voted 90 to
Read MoreEconomic development key to tackling SADC migration crisis: Baloyi
The government has emphasised the importance of using economic development as a tool to address the issue of migration in the Southern African Development Community (SADC) region. The government’s position
Read MoreSAA places acting CEO Matshela Seshibe on special leave
The board of South African Airways (SAA) has placed Acting Group Chief Executive Officer, Matshela Seshibe, on special leave with immediate effect. Seshibe has been at the helm of
Read MoreConstitutional Court rules in favour of Wild Coast communities – SABC News
The Constitutional Court has ruled that Shell’s offshore exploration cannot proceed off South Africa’s Wild Coast. The ruling is a setback for the oil major after years of legal challenges brought by communities and environmental
Read MoreRand holds firm amid cooling US data, Middle East uncertainty
The rand was little changed on Friday as easing United States (US) inflation boosted speculation that the Federal Reserve would keep rates on hold, while Middle East tensions supported the
Read MoreWholesale Electricity Market will address high power costs: Ramaphosa – SABC News
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Read MorePhilips, Shell targeted by hacking group
Philips and Shell were recently targeted by Cl0p, the hacking group said in a statement on its website. Philips said it had been targeted by Cl0p while Shell said it
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