The rules for Alert Level 4 lockdown saw their first update on Tuesday, less than two days into the two-week minimum it is intended to last. A 50% limit on occupied rooms for hotels and bed-and-breakfasts has been lifted. So has a gatherings requirement that stores of all kinds onlyContinue Reading

The business sector is part of a push to get government to reinstate the Unemployment Insurance Fund’s Covid-19 Temporary Employer/Employee Relief Scheme (TERS), which will this week be discussed at the National Economic Development and Labour Council (Nedlac). On Tuesday, Employment and Labour Minister Thulas Nxesi said that government, with businessContinue Reading

Rio Tinto Group declared force majeure on customer contracts at Richards Bay Minerals after escalating violence forced it to suspend activity at the minerals sands operation in South Africa. Managing Director Werner Duvenhage said the company is prioritising the safety of its 5 000 workers at RBM, which exports titaniumContinue Reading

Cape Town locals Johannes Le Roux and Inus Smuts may not have set out to become role models for other South African entrepreneurs, but that is what they have become. In the space of only three years, their non-alcoholic gin and tonic beverage, called the Duchess, has won awards andContinue Reading

With the current bull market reaching its 10-year anniversary this June, investors are beginning to question when the next recession will hit. During the current bull market, there have been dozens of calls for stock market crashes from even very seasoned investors. However one of these came true, and ifContinue Reading