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UIF Ters benefits for April and May can still be claimed

4 Aug 2020 /  Melitta Ngalonkulu  
Cut-off date will be announced two weeks ahead of time.

Sars gets blown in Lesotho number plate case, class action to follow

4 Aug 2020 /  Ciaran Ryan  
The floodgates have opened for thousands of people whose foreign-registered vehicles have been impounded over the decades.

Table Bay Hotel and Sun City remain closed

4 Aug 2020 /  Suren Naidoo  
It still 'doesn’t make financial sense to open' with Covid-19 inter-provincial and international travel bans in place.

SAB to cancel R5bn in investments due to alcohol ban

3 Aug 2020 /  Mfuneko Toyana, Reuters   6
Over the revenue losses suffered due to the near 3-month coronavirus ban on alcohol sales.

Dollar rebound signals rocky road ahead for SA’s rand

3 Aug 2020 /  Robert Brand, Bloomberg   3
Options traders are hedging against wider rand swings, with a bias toward weakness.

Eskom and SIU go after bigwig officials and Guptas

3 Aug 2020 /  Tebogo Tshwane    26
In R3.8 billion Optimum claim.

Fuel prices to rise in August

3 Aug 2020 /  Mfuneko Toyana, Reuters  
Diesel will rise by 45 cents to R13.48 per litre.

Eskom seeks to recover diverted funds from former executives

3 Aug 2020 /  Paul Burkhardt, Bloomberg   2
A further claim pertains to payments made unlawfully to consultants by the utility.

Public Protector probes Covid-19 tenders

3 Aug 2020 /  Alexander Winning, Reuters  
Also looking into complaints that people were denied Covid-19 grants on unreasonable grounds.

July Absa PMI signals slower manufacturing improvement

3 Aug 2020 /  Olivia Kumwenda-Mtambo, Reuters  
The employment sub-index showed the manufacturing sector was still shedding jobs even with activity recovering.

Stocks retreat as banks fall; Shoprite soars on update

3 Aug 2020 /  Adelaide Changole, Bloomberg  
Foreigners were net sellers of South African stocks for the second day Friday.

Behind the scenes at JP Markets

3 Aug 2020 /  Adriaan Kruger   4
Shenanigans to avoid paying out client trading profits – or efforts to stop rogue traders?

Shoprite sees better South African trade with market-share gains

3 Aug 2020 /  Janice Kew, Bloomberg   1
Even as the main lower-income customers of Africa’s largest food retailer battle with the impact of an economic slowdown.

SA carmakers want vehicle taxes reduced

3 Aug 2020 /  Roy Cokayne   17
With the benefits going to consumers to stimulate demand for new vehicles locally.

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