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CAPE TOWN – Good morning. This is all the latest business news that you need to know today.

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Business opportunities, networks and knowledge for entrepreneurs and owners of small- and medium-sized businesses will be the key focus of the 2019 Global Trade Show of Networking and Match-Making South Africa in July, organisers said.

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Fifteen out of 75 species of coffee in East Africa are facing possible extinction which is threatening exports by Kenya, Uganda and Tanzania.

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Labour expert, Advocate Tertius Wessels from Strata-g Labour Solutions has warned that more retrenchments are on the table for South Africa’s workforce. 

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The SA Reserve Bank’s (Sarb's) leading indicator, which aims to provide foresight into where the economy is heading, contracted for six consecutive months in March, the longest streak in more than three years.

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MTN Nigeria has gained R24 billion in value in four days, but investors are complaining of a lack of shares to trade.

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Lucid Ventures, the R350m Cape Town based Hotel Fund, this week announced the launch of an all new boutique hotel brand Home* Suite Hotels into the South African market. The brand aims to attract discerning business travellers and well-travelled tourists.

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The introduction of MyWORLD has elevated African Bank to a digital retail bank, offering a variety of products including transactional banking, personal loans, savings and investments and insurance. 

BUSINESS REPORT ONLINE