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Business Report
22 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
Eskom to sell assets to plug its debt hole
 
 
 
OPINION: Pride and patriotism don't justify keeping SAA flying
 
 
 
Tech News: Technology usage patterns during Covid-19
 
 
 
COMPANY NEWSMore from Companies
Thabile Wonci is the chief executiveat Kogae Rainbow Investment Holdings and a senior partner at Kogae Advisory Partners. Photo: SuppliedOPINION: Pride and patriotism don't justify keeping SAA flying
   
Hospitality Property Fund decides not to declare dividend
 
 
 
Tsogo Sun Hotels sees core profit hit from travel restrictions
 
 
 
Momentum Metropolitan share price decline by almost 8%
 
 
 
NEWSMore from Economy
Thabile Wonci is the chief executiveat Kogae Rainbow Investment Holdings and a senior partner at Kogae Advisory Partners. Photo: SuppliedOPINION: Pride and patriotism don't justify keeping SAA flying
   
Tech News: Technology usage patterns during Covid-19
 
 
 
Rate cut gives vital savings to property buyers and bond holders
 
 
 
Covid-19 testing at borders delays essential cargo trucks for days
 
 
 
 
OPINION/ANALYSISMore from Opinion
Tech News: Technology usage patterns during Covid-19
 
 
 
The Infonomist: SA should change its education approach
 
 
 
5 myths about the alcohol ban in South Africa
 
 
 
INTERNATIONALMore from International
Amazon.com Inc is rolling out services to deliver food in India, pitting it against established players Swiggy and Zomato. Photo: Michel Spingler/APAmazon taps into food delivery services in India
   
OPINION: US President Trump continues to attack China, despite no scientific evidence
 
 
 
Cocoa deforestation fight needs to be intensified to meet goals
 
 
 
Zambia seeks restructuring after ‘over-ambition’ on debt
 
 
 
MARKETSMore from Markets
Sarb governor Lesetja Kganyago said despite sustained higher levels of country financing risk, economic contraction and slow recovery would keep inflation well below the midpoint of the target range for this year. Photo: African News Agency (ANA) ArchivesMore capital for households as SA Reserve Bank relaxes monetary policy
   
Techstars backed startup launches cryptocurrency payments gateway for Africa
 
 
 
WATCH: MPC decides on interest SA rates
 
 
 
Elephant platinum coins sell out in South Africa
 
 
 
 
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