CAPE TOWN – Good morning. This is all the latest business news that you need to know today.
Power blackouts in February eclipsed the State of the Nation Address (Sona) and the Budget Speech, with business sentiment having fallen to its lowest level in five months in February.
Denel, the government-owned weapons maker grappling with big financial losses, governance and its involvement in “state capture”, claimed yesterday that it remained positive about its future, in spite of a ratings downgrade by Fitch Ratings earlier this week.
Absa Group is restructuring its South African retail and business banking unit within months of reducing the division’s management team and rolling out a new strategy.
Microsoft's opening of its first cloud data centres in South Africa today marked a historic milestone for South Africa and the continent as it will allow for faster, more agile business operations and provide access to next-generation technologies.
Recent weak South African economic data and the uncertainty surrounding the upcoming local general elections are clipping the rand’s potential for gains.
Tourism KwaZulu-Natal is preparing for one of the world’s biggest trade shows, ITB Berlin, to network with exhibitors and contacts to drum up business for the province.
Last night at Africa Tech week, Standard Bank bagged tech invention of the year award for its virtual card.
BUSINESS REPORT ONLINE