Africa Business News Headlines, Business Breaking News

Many people in South Africa have faced challenges regarding their place of work - be it salary cuts, loss of income, retrenchments or liquidation.

08 Jul 2020

Edcon entered a process called business rescue after it failed to generate enough revenues as a coronavirus lockdown shut its stores across the country.

08 Jul 2020

Deaths from the coronavirus pandemic in India surpassed 20,000 and case numbers increased, with infections in the United States also jumping, dampening global enthusiasm over the easing of lockdowns.

08 Jul 2020

The City of Cape Town said those registered on its database would be given toolkits.

08 Jul 2020

Ratings agency Fitch said the country had a poor track record of delivering debt and spending cuts.

08 Jul 2020

The consumer confidence index (CCI) slumped to minus 33 points in the quarter after registering minus 9 points in the first quarter.

07 Jul 2020

Media24 announced on Tuesday that it was considering the closure of a number of magazines and newspapers, the consolidation of some business operations and unfortunately, job losses.

07 Jul 2020

The rand weakened in early trade on Tuesday as worries over surges in coronavirus infections reactivated investor concerns about the economic impact of the pandemic.

07 Jul 2020

In an update to shareholders on Monday morning, the retailer said that it had made the decision after completing an assessment of opportunities to improve efficiency.

07 Jul 2020

This comes after a meeting on Friday where the department indicated its decision to withdraw from the leadership consultative forum established to find the best way to restructure SAA.

07 Jul 2020

Bruce Whitfield talks to SweepSouth cofounder Aisha Pandor about her attitude to money (hopes and fears, successes and failures).

07 Jul 2020

In a viral video posted last week, businessman Vusi Thembekwayo slammed politicians for the devastating impact the lockdown has had small businesses.

07 Jul 2020