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Business Report
25 May 2020
FILE PHOTO: A South African Airways (SAA) plane is towed at O.R. Tambo International Airport in JohannesburgShape up or ship out, parliament tells SAA’s business rescuers

Parliament has told the business rescue practitioners of SAA to “shape up or ship out” as the process of saving the airline has drowned millions.

 
Gordhan stakes his reputation and South Africa’s on new airline

Pravin Gordhan, South Africa’s minister for public enterprises, is staking his own credibility on the creation of a new airline.

 
Dis-Chem in agreement to acquire 100% of Baby City from its founder

Dis-Chem is set to enter the baby retail market after it entered into an agreement to acquire the issued share capital of Baby City for R430m,

 
Government’s ‘U-turn’ on e-commerce decision good news for industry

The government’s ‘U-turn’ on e-commerce is good news for the online retail, and the courier, logistics and freight forwarding industries.

 
BREAKING BUSINESS NEWSMore from Business Report
Crackdown on companies that flout safety rules
 
 
 
Could HCI go into business rescue as Covid-19 infects hotel sector?
 
 
 
Can maggots fuel sports drinks? South African startup thinks so
 
 
 
COMPANY NEWSMore from Companies
Crackdown on companies that flout safety rules
   
Can maggots fuel sports drinks? South African startup thinks so
 
 
 
Mining billionaire gets help from ex-spies in bitter legal fight
 
 
 
Naspers and Axel Springer in bid for eBay classifieds unit
 
 
 
NEWSMore from Economy
Crackdown on companies that flout safety rules
   
Could HCI go into business rescue as Covid-19 infects hotel sector?
 
 
 
ATM seeks to prohibit foreigners from certain jobs
 
 
 
Easing of South Africa lockdown may bring no joy for smokers
 
 
 
 
OPINION/ANALYSISMore from Opinion
Yoco: Reinventing to inspire and rebuild out of a crisis
 
 
 
Tech News: Technology usage patterns during Covid-19
 
 
 
The Infonomist: SA should change its education approach
 
 
 
INTERNATIONALMore from International
Thailand vaccinates thousands of horses against African Horse Sickness diseaseA deadly virus from Africa is killing horses in Thailand
   
Mining billionaire gets help from ex-spies in bitter legal fight
 
 
 
Naspers and Axel Springer in bid for eBay classifieds unit
 
 
 
EasyJet founder loses bid to oust management in strategy showdown
 
 
 
MARKETSMore from Markets
A South African startup aims to produce high-quality protein powder from maggots for use in food products and sports drinks by the end of the year.Can maggots fuel sports drinks? South African startup thinks so
   
Easing of South Africa lockdown may bring no joy for smokers
 
 
 
S&P forecasts South Africa's economy to shrink 4.5% in 2020
 
 
 
Battle Against Desert Locusts Gets $500 Million Boost From World Bank
 
 
 
 
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