7 things you need to know today
CAPE TOWN - Good morning. This is all the latest business news that you need to know today.
The labour Court ruled in favour of SAA and SAA’s Business Rescue Practitioners (BRPs), Les Matuson and Siviwe Dongwana, for leave to appeal to the Labour Appeal Court.
South Africa’s alcoholic-beverage makers are pushing the government to allow smaller bars to convert into drink-collection points when a nationwide ban on sales is lifted next week.
The South African currency steadied amid thin trading volumes as cautious optimism surrounding a recovery in global trade growth was put against concerns that simmering US-Sino tensions will smother risk appetite according to NKC Research.
Netcare saw its March revenue decline by R143million due to Covid-19 disruption and the JSE-listed healthcare provider yesterday, while releasing its interim results, warned that it could not provide an earnings guidance for the rest of the year as the period ahead was too uncertain.
Black-owned IT group AYO Technology Solutions expects to increase headline earnings a share (Heps) by between 15.4 and 35.4percent for the six months to February 29, it said in a trading statement yesterday.
Standard Bank has announced that all customers who open a MyMo account between now and June 15 will get certain fees waived over the next six months.
Investec Chief Executive Officer Fani Titi saw a sign of things to come when he dropped by the bank’s headquarters last week.
BUSINESS REPORT ONLINE