Category: BUSINESS
Wonga survey shows rising credit use amid cost-of-living squeeze – SABC News
A new credit utilisation survey has shown a growing dependency as consumers buckle under the pressure of the higher cost of living. This is contained in payday lender Wonga’s survey, where
Read MoreG20 flags global risks amid geopolitical, trade tensions – SABC News
G20 finance ministers and central bank governors wrapped up the third finance track meeting, issuing a communique that highlights the complex challenges the world faces, brought about by the heightened
Read MoreFlySafair pilots set to go on strike on Monday – SABC News
FlySafair pilots are set to go on strike for 14 days from Monday, 21 July. This, after giving a notice to strike to the employer, following a deadlock in wage
Read MoreG20 finance chiefs agree communique stressing importance of central bank independence – SABC News
Finance leaders from the Group of Twenty (G20) countries agreed a final communique on Friday that stressed the importance of central bank independence following a two-day meeting in Durban, South
Read MoreAutomotive sector in EC says Trump’s tariffs reduce SA’s competitive edge – SABC News
The automotive sector in the Eastern Cape (EC) is concerned about the planned 30% on South African exports to America as ordered by US President Donald Trump. The proposed tariff
Read MoreThree accused in VBS Mutual Bank scandal to appear in Polokwane court – SABC News
Three people, including two former senior officials at the Lepelle-Nkumpi Local Municipality and a businessman, are expected to appear in the Polokwane Special Commercial Court in Limpopo today. Their appearance
Read MoreStrike looms at FlySafair following wage negotiation deadlock – SABC News
Trade union Solidarity has threatened a strike action at local and regional airline, FlySafair over wages. This following a move to rope in the CCMA to facilitate wage talks at
Read MoreFATF to make decision on SA’s grey listing in October – SABC News
The Financial Action Task Force (FATF) President Eliza De Anda Madrazo says they have recognized South Africa’s efforts in addressing deficiencies in anti-money laundering and counter terrorism regulations. De Anda
Read MoreNUMSA confirms wage deal with Gautrain operator signed – SABC News
Trade union NUMSA has confirmed that it has signed a wage deal with the Bombela Operating Company, which runs the Gautrain. The union had threatened the possibility of workers striking
Read MoreCwA generates over 190 billion dollars for Africa’s economy – SABC News
Finance Minister Enoch Godogwana says the Compact with Africa initiative, which was launched in 2017 under the chairmanship of South Africa, has grown into a dynamic initiative that has mobilised
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