7 things you need to know today
CAPE TOWN - Good morning. This is all the latest business news that you need to know today.
Loss-making state defence company Denel yesterday announced the unceremonious resignation of group chief executive Danie du Toit after only 18 months at the helm.
The South African rand traded little changed as risk appetite was curbed by concern surrounding rising infections across the globe according to NKC Research
The SA Reserve Bank (SARB) might deliver another interest rate cut this week as it ponders easing monetary policy with deepening domestic and international economic recession as well as tumbling consumer price inflation.
Ride-hailing platform Bolt has launched a new low-cost category called Bolt Go in South Africa with fares approximately 20 percent less than regular Bolt rides.
In a big win for South African industry, the government's ventilator manufacturing project (NVP) entered production last week and the first life-saving machines should be ready in a few weeks, Trade, Industry and Competition Minister Ebrahim Patel announced on Friday.
Petra Diamonds has agreed to sell its Botswanan exploration assets to Botswana Diamonds for $300,000 and a 5% royalty on future revenue, the diamond miner, which is in the process of restructuring, said on Monday.
Capitec CEO Gerrie Fourie has been named Alumnus of the Year 2019 by the University of Stellenbosch Business School (USB), the banking group said on Monday.
BUSINESS REPORT ONLINE