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LATEST Covid-19  

Coverage of the business and financial impact of the Covid-19 epidemic.

Is a corporate excess profits tax on the cards?

22 Feb 2021 /  Barbara Curson   5
Rather than increase taxes for citizens – who have reached their taxation ceiling – an unprecedented solution may be in order.

SA’s Covid-19 Loan Guarantee Scheme ‘largely dead’ – Intellidex

22 Feb 2021 /  Suren Naidoo   4
But there is ‘good reason for it to come back to life in a new form’ with the potential of future ‘lockdown waves’.

Dis-Chem issues ‘good set of numbers’

18 Feb 2021 /  Simon Brown  
Gary Booysen of Rand Swiss expresses concern as to whether the pharmacy retailer is going to need such a huge bricks-and-mortar footprint in a digital world.

Xero and Nedbank’s plan to save small businesses time and money

18 Feb 2021 /  Adriaan Kruger  
The direct link between bank accounts and accounting software is already proving popular.

Tiger Brands flags reduced consumer demand in January

18 Feb 2021 /  Suren Naidoo   1
But says it's too soon to know whether this indicates that even more challenging times lie ahead.

Emira declares interim dividend despite Covid-19 hit

UPDATE
17 Feb 2021 /  Suren Naidoo  
But defers a small portion of the planned 52 cents per share payout.

How tech is coming to the aid of a battered healthcare sector

17 Feb 2021 /  Ciaran Ryan  
From resource efficiency to security, with some futuristic solutions such as ‘mixed reality’ surgery, technology is contributing to the provision of better care to more people across the world and in SA.

SA plans to ‘share’ AstraZeneca doses via African Union

16 Feb 2021 /  Alexander Winning, Reuters   3
Health department refutes reports of asking the Serum Institute to take the doses back.

Double-digit growth for Shoprite’s upper-market Checkers chain

UPDATE
16 Feb 2021 /  Suren Naidoo   3
While its mid-to-lower-end Shoprite and Usave see slower sales growth of 5.6%.

Tourism and hospitality industry hail Covid-19 Ters extension to mid-March

UPDATE
12 Feb 2021 /  Suren Naidoo   9
Liquor sector also likely to benefit, including liquor retailers and pubs.

Italtile defies with double-digit growth in half-year turnover, profit and dividend

UPDATE
11 Feb 2021 /  Suren Naidoo  
Benefits from Covid-19 pandemic-induced home improvement boom.

Cloud solutions increase business efficiencies in the ‘new normal’

11 Feb 2021 /  Neesa Moodley  
While 2020 shifted the way the workplace functions, the reality is that business has learned great lessons around improving productivity in a work-from-home environment.

Marc Wachsberger looks to capitalise on distressed hotel assets

11 Feb 2021 /  Suren Naidoo   3
Business rescue and bankruptcies mean this could be the right time to buy.

The costs of South Africa’s Covid-19 incompetence

10 Feb 2021 /  Mamokgethi Molopyane   26
The pandemic did not need government ineptitude to add impetus to its destructive force – yet here we are.

Greyhound closure could see 700 job losses

4 Feb 2021 /  Suren Naidoo   13
KAP Industrial’s Unitrans Passenger subsidiary faces a showdown with unions over the plan to shut the luxury coach operator down.
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