CAPE TOWN – Good morning. This is all the latest business news that you need to know today.
The newly appointed acting chief executive of SAA, Zukisa Ramasia, will have to hit the ground running after the board of the embattled national carrier said it would need an additional R4 billion in immediate liquidity to survive the current financial year.
In September, Egypt’s president Abdel-Fattah Al-Sisi visited China for the 2018 Beijing summit Forum on China-Africa Cooperation (FOCAC), the 5th visit since taking office in 2014.
Public protector Advocate Busisiwe Mkhwebane’s adverse ruling against the Financial Sector Conduct Authority (FSCA), formerly the Financial Services Board, was heavily reliant on information from a known criminal who looted millions from a series of pension funds in dodgy deals.
The SA Communist Party has slammed Finance Minister Tito Mboweni and other ANC leaders who have expressed their opposition to the expansion of the mandate of the SA Reserve Bank (Sarb).
After completing its restructuring strategy last year, Taste Holdings has set its sights on returning to profitability in the long run, with more store openings planned for both Starbucks and Domino’s Pizza.
The rand broke through technical resistance to hit the worst level in eight months amid ongoing attacks on central bank independence and perceived deterioration in policy credibility according to NKC Research.
Transnet National Ports Authority(TNPA) in Durban says the 29 percent cruise passenger increases spell better prospects for the local sector in the future.
BUSINESS REPORT ONLINE