7 things you need to know today
CAPE TOWN - Good morning. This is all the latest business news that you need to know today.
Multichoice Group said on Monday its core headline earnings per share (HEPS) for the half year that ended Sept. 30 will be between 40-45 percent higher than the corresponding period last year.
Trade, Industry and Competition Minister Ebrahim Patel has warned that South Africa’s foreign direct investment will experience a sharp decline next year as the Covid-19 pandemic has driven the appetite for new investments to an all-time low.
The South African rand welcomed news that president-elect Joe Biden will take over the US political reins – despite pushback and election fraud allegations from Trump – and applauded Pfizer’s announcement that its vaccine prevented 90 percent of infections.
Comair said on Monday that the reintroduction of kulula.com flights on the domestic network was the first phase of its ramp up to full operations over the next few months.
The average remuneration of public servants in SA is high by international standards and when compared to private sector employees and per capita gross domestic product (GDP), according to a report by Intellidex, a leading capital markets and financial services research house.
Liberty Holdings has asked its remuneration committee to review its executives’ long-term incentive (LTI) schemes following the Covid-19 outbreak, which impacted its business.
If you are wondering if Black Friday is going to be very different this year, the answer is a resounding yes!
BUSINESS REPORT ONLINE