Amazon to hold Prime Day event on October 13-14

28 September 2020, 9:31 PM Inc said on Monday it would hold its annual shopping event, Prime Day, on Oct. 13 and 14 as the e-commerce giant aims for an early kickstart to the holiday season.
China’s post-pandemic recovery has severe regional imbalances – Survey 24 September 2020, 2:39 AM

While China’s coastal provinces and major cities are recovering from the coronavirus pandemic, firms in its poorer western and central provinces are falling well behind in metrics like output and sales revenue, a private survey showed on Thursday.

German foreign, economy ministers in quarantine after coronavirus contacts 24 September 2020, 1:25 AM

 German Economy Minister Peter Altmaier became the country’s second cabinet member to enter quarantine on Wednesday, writing that he would stay at home after coming into contact with the aide of another European Union minister who had tested positive.

IMF official warns coronavirus will weigh on some economies for years 24 September 2020, 12:15 AM

The coronavirus crisis is lasting longer than expected and it will take some countries years to return to growth, the No. 2 official at the International Monetary Fund said on Wednesday.

Canada will spend big to combat coronavirus, says now is not the time for austerity 23 September 2020, 10:01 PM

Canada’s Liberal government on Wednesday promised major new investments and policy initiatives to help the country recover from the coronavirus pandemic, saying “this is not the time for austerity”.

Huawei chairman urges U.S. to reconsider ‘attack’ on global supply chain 23 September 2020, 7:23 PM

Chinese telecom giant Huawei Technologies said on Wednesday its supply chain was under attack from the United States and called on Washington to reconsider its trade restrictions which were hurting suppliers globally.

Oil edges up to $42, eyeing Libya and US inventories 23 September 2020, 5:32 PM

Oil edged up to around $42 a barrel on Wednesday, supported by rising investor risk appetite and a report that U.S. fuel inventories fell, although rising crude supply and concern of stalling demand capped gains.

Panday to fight corruption charges against him at Supreme Court of Appeal 23 September 2020, 12:49 PM

Durban businessman Thoshan Panday hopes the Supreme Court of Appeal might come to a different decision from the High Court in Pietermaritzburg which dismissed his corruption and fraud charges.

Strict regulations to be enforced at King Shaka Airport as international travel resumes 23 September 2020, 10:31 AM

Authorities at Durban's King Shaka International Airport in Durban say strict lockdown regulations will be enforced as the country prepares to re-open its international borders on October 1st.

Dollar gains on virus woes, Aussie hit by rate outlook 23 September 2020, 5:37 AM

The US dollar held onto gains against major currencies on Wednesday, supported by positive US economic data and concerns about a second wave of coronavirus infections in Europe and Britain.

British pubs’ loss from COVID-19 curbs is supermarkets’ gain 23 September 2020, 3:10 AM

Britain’s supermarket sector will be a beneficiary of new curbs on the opening hours of bars and restaurants to tackle a fast-spreading second wave of COVID-19, analysts said on Tuesday.

Argentina economy plunges record 19.1% in second quarter on pandemic impact 23 September 2020, 12:28 AM

Argentina’s economy contracted a record 19.1% in the second quarter versus the same period a year earlier as the coronavirus pandemic crippled production and demand, though was slightly better than analyst forecasts.

Automotive sector feeling the pinch 22 September 2020, 9:00 PM

The automotive sector has recorded a 25 percent decline for the year to date compared to the same time last year.

Most corruption cases reported during lockdown 22 September 2020, 12:13 PM

Corruption Watch says most of the reported corruption activities occurred during the lockdown period.

LIVE | State Capture Inquiry, 22 September 2020 22 September 2020, 10:07 AM

The commission will continue to hear R 1billion Housing Free State Project related evidence from the Head of Department; Human Settlements Free State Provincial Government;Mr Nthimotse Mokhesi and Mpho Gift Mokoena tomorrow at 10:00.

Eskom COO John Oberholzer cleared of wrongdoing 22 September 2020, 10:07 AM

Eskom COO Jan Oberholzer has been cleared of wrongdoing following allegations of corruption, nepotism and victimisation.

Oil rises as US storm eases, but demand worries linger 22 September 2020, 5:00 AM

Oil rose in early trade on Tuesday, paring sharp overnight losses, as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand persisted with flare-ups around the globe in coronavirus cases.

Asian stocks fall on concerns about fresh lockdowns, banking sector 22 September 2020, 3:11 AM

Asian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt global banking stocks.

SAA BRPs misled public on Treasury’s funding letter: DA 21 September 2020, 9:03 PM

The DA has accused the SAA Business Rescue Practitioners of misleading the public when they announced that National Treasury had provided another letter of commitment to provide the R10.4 billion required to relaunch the ailing airline.

Successful economic recovery plan requires inclusion of SMMEs: BMF 21 September 2020, 4:42 PM

The Black Management Forum (BMF) believes that a successful economic recovery plan requires a rapid transformation in business.

Nehawu in talks with ANC Top Six on list of demands 21 September 2020, 3:08 PM

The leadership of the National Education, Health and Allied Workers’ Union (Nehawu) is currently in a virtual meeting with the African National Congress (ANC) Top Six leaders regarding their demands on government.

Numsa paints bleak picture should SAA retrenchments go ahead 21 September 2020, 12:19 PM

Trade union, Numsa, says the negative impact on SAA employees and their livelihoods is dire and has warned that should government fail to ensure the viability and sustainability of the national airline, the situation will be worse.

ByteDance says not aware of $5 billion education fund in TikTok deal 21 September 2020, 4:47 AM

TikTok owner Bytedance said in a social media post on Sunday that it was the first time it had heard in the news it was setting up a $5 billion education fund in the United States.

Free State announces plans to revive provincial tourism industry 20 September 2020, 9:03 PM

The Free State government has announced that it plans to revive the tourism industry in the province.

Gauteng, KZN transport departments in talks about ‘smart corridor’ creation between provinces 20 September 2020, 7:25 PM

The Gauteng and KwaZulu-Natal Transport departments are meeting to discuss the creation of a smart corridor between the two provinces.

Illegal fishing crippling fish populations in the North West 20 September 2020, 6:36 PM

Growing levels of illegal fish harvesting in North West are crippling fish populations in the province.

Nehawu members to protest at Union Buildings on Monday 20 September 2020, 3:51 PM

Members of the National Education, Health and Allied Workers' Union (Nehawu) will on Monday lead a protest at the Union Buildings in Pretoria as well as outside the offices of the Premiers across all nine provinces.

Liquor Traders raises concerns over the continued restrictions of the sale of alcohol 20 September 2020, 1:34 PM

The National Liquor Traders Council says it's concerned about continued restrictions on the sale of alcohol.

Rolls-Royce plans to raise up to £2.5 billion as COVID-19 bites 20 September 2020, 2:04 AM

Britain's Rolls-Royce Holdings Plc RR.L said on Saturday it was looking to raise up to 2.5 billion pounds ($3.2 billion) in an effort to strengthen its balance sheet.

Comair could resume flights in December 19 September 2020, 4:05 PM

South African airline Comair has announced a restructuring process that, if successfully implemented, could see the airline resume flights by December.

Public Enterprises Department given seven days to finalise funding for SAA 19 September 2020, 7:40 AM

Trade unions NUMSA and SACCA have given the Public Enterprises Department seven days in which to finalise funding for the structuring of the embattled South African Airways (SAA) or face protracted protests.