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SME relief programme hits capacity - for now

7 Apr 2020  / Moneyweb
Ben Bierman of Business Partners outlines the over-subscription to the Sukuma Relief Programme, the grants and loans envisaged, and the speed of disbursements.

Retail landlord alliance reveals Covid-19 relief package for tenants

7 Apr 2020  / Suren Naidoo
To qualify for the relief benefits, retail tenants will need to undertake not to retrench staff during the relief period.

Mines forced to overhaul their supply chains

7 Apr 2020  / Ciaran Ryan
Keeping six months’ stock of essential supplies, considered wasteful a year ago, now seems like a good idea.

More than 10 000 SMEs apply for Rupert's R1bn

UPDATE
7 Apr 2020  / Ryk van Niekerk
Applications closed for now, after they exceeded the available donated capital almost three times over.

Vodacom sues Absa for losses of at least R1.2bn

7 Apr 2020  / Justin Brown, TechCentral
Mobile operator alleges Absa defaulted on a multibillion-rand guarantee signed last year.

Jack Ma foundation searches for Africa’s business heroes

7 Apr 2020  / Melitta Ngalonkulu
Initiative aims to allocate US$100m in grant funding, training programmes and support to develop an entrepreneurial ecosystem.

Small-scale farmers thrown an emergency funding lifeline

7 Apr 2020  / Tebogo Tshwane
Agricultural Minister Thoko Didiza announced the criteria on Monday.

A non-essential business? There's no such thing

7 Apr 2020  / Patrick Cairns
They are all essential to somebody.

Decoding the Draft Disaster Management Tax Relief Bill

7 Apr 2020  / Barbara Curson
The changes have already come into effect and run until the end of July.

Covid-19: Freeze dividends and exec bonuses, Sarb tells bankers

7 Apr 2020  / Suren Naidoo
Reserve Bank’s Prudential Authority steps in with further regulatory relief for SA’s financial sector and broader economy.

Keeping up with the CEOs amid Covid-19: Naspers SA head

7 Apr 2020  / Melitta Ngalonkulu
Phuthi Mahanyele-Dabengwa misses the social interaction with her team.

Coping with coronavirus, Zimbabwe style

7 Apr 2020  / Cathy Buckle
Burning food when people are desperate for it is very hard to understand.

FTSE Russell takes over administration of local bond indices

7 Apr 2020  / Patrick Cairns
Extending its partnership with the JSE.

Lockdown: Sarb foresees 370 000 initial job losses, 1 600 business insolvencies

7 Apr 2020  / Suren Naidoo
Covid-19 has made forecasting 'nightmarish', concedes Reserve Bank governor Lesetja Kganyago.

Standard Bank will consider central bank guidance on dividends

UPDATE
7 Apr 2020  / Emma Rumney, Reuters
'The board fully recognises the importance of dividends to the group's owners.'

UK's Johnson fights worsening coronavirus symptoms in intensive care

7 Apr 2020  / Paul Sandle and Costas Pitas, Reuters
Foreign minister Raab stands in for him.

How can Mexem help you get access to global markets?

7 Apr 2020  / Ciaran Ryan
Find out what Mexem Africa has to offer to those investors who are interested in access to offshore markets.

R20/dollar by the end of the week?

6 Apr 2020  / Moneyweb
While SA's currency could reach that level, economist Bianca Botes doesn’t see it staying there for long.

The effect of force majeure on contracts amid Covid-19

6 Apr 2020  / Moneyweb
Certain clauses allow for the suspension of contractual obligations, while in common law such calls terminate agreements: Michael Straeuli, Webber Wentzel.

Companies scramble to postpone, cancel dividends

6 Apr 2020  / Hilton Tarrant
But the real impact will be seen later this year.

Sarb sees GDP shrinking up to 4%

UPDATE
6 Apr 2020  / Mfuneko Toyana, Reuters
Over coronavirus fallout.

Some corporates aren't letting the crisis go to waste

6 Apr 2020  / Ann Crotty
The more things change, the more they stay the same.

'If there's a crisis unfolding, why be there for it?'

6 Apr 2020  / Ryk van Niekerk
Many 'black swan' events are in fact ‘grey rhinos’ – Rob Spanjaard, chief investment officer, Rezco Asset Management.

Look who’s winning during lockdown

6 Apr 2020  / Ciaran Ryan
Netflix, of course. Also teleconferencing provider Zoom, toilet paper makers – and gold.

Woolworths warns of likely 20% profit fall

UPDATE
6 Apr 2020  / Emma Rumney, Reuters
The board and senior executive team will forgo 30% of their fees and salaries over the next three months.

Underperforming RCL execs in line for generous payout

6 Apr 2020  / Ann Crotty
Incurring the wrath of shareholders and shareholder activists.

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READER'S SAY

  O, no regrets there, you can take your covid=19 to Zambia and Tanzania. We have enough of it already. This is no brainer - good riddance. Goodluck with that pile of cash, it may be enough to buy you a sparking goldenc casket. Tell me how that works out for Zam-bia and Tanz-ania once the fa...  

  75

  Farmers need a policy environment that ensures a sustainable agricultural sector. The socialist policies of the DTI put pressure on the profit margins of farmers to such an extent that they have no financial buffer to cope with droughts. Ad-hoc and arbitrary intervention won't save the ind...  

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