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LATEST South Africa  

African Bank reports loss a day after CEO’s surprise resignation

26 Jan 2021 /  Loni Prinsloo, Bloomberg   6
The unsecured lender swung to a R560 million loss in the 12 months through September, compared with a year-earlier profit of R267 million.

Court rulings throw spanner into Eskom’s municipal debt collection works

26 Jan 2021 /  Moneyweb   16
Government to sort out internal disputes first, before prejudicing end-users.

Ramaphosa: Rich countries must release excess vaccines

26 Jan 2021 /  Thando Maeko    22
The president made the remarks on Tuesday during the WEF Davos Dialogues.

SA stocks post biggest drop this month on Tencent effect

26 Jan 2021 /  Adelaide Changole, Bloomberg  
Tencent lost as much as 6.7% in Hong Kong on Tuesday.

No Flash? No problem! Sars releases its own web browser

26 Jan 2021 /  Duncan McLeod   4
The is meant as a stopgap measure until Sars can move to more modern HTML5 technology in all of its forms.

Objection to witness evidence delays former Sharemax auditors’ disciplinary hearing

26 Jan 2021 /  Roy Cokayne   5
Three auditors face a total of 413 improper conduct charges related to the failed property syndication scheme.

Storm Eloise leaves 13 dead, thousands homeless in southern Africa

25 Jan 2021 /  Kirthana Pillay and Emma Rumney, Reuters  
Including a five-year-old child in Mpumalanga.

SA’s maize planting area seen up 7%

25 Jan 2021 /  Tanisha Heiberg, Reuters   1
On higher prices and good weather.

Labour unions slam SA ruling party over inaction

25 Jan 2021 /  Antony Sguazzin and S'thembile Cele, Bloomberg   3
From delays in securing Covid-19 vaccines to failing to provide income support for workers affected by the pandemic.

SA’s excess deaths soar as new virus variant spreads

25 Jan 2021 /  Pauline Bax, Bloomberg   2
SA’s death toll from Covid-19 is likely to be far higher than the official number of 40 874 reported so far.

Ramaphosa strikes back at critics over steps to secure vaccines

25 Jan 2021 /  Hilton Shone, Bloomberg   2
Saying government had acted as swiftly as possible in the face of extensive negotiations to get sufficient doses.

SA stocks rally to record as Tencent surge boosts Naspers

25 Jan 2021 /  Adelaide Changole, Bloomberg  
Foreigners remained net sellers of South African stocks for a third consecutive day Friday.

Trailer hire companies not liable for customers’ traffic offences – court

25 Jan 2021 /  Ciaran Ryan   5
That liability falls to the driver of the towing vehicle.

Saica revs up compliance declaration for CAs and associates

25 Jan 2021 /  Barbara Curson    19
The new submission requirements are more onerous, and must be done on or before January 31.
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