Business News Updates 2020

Russia and China have approached Zimbabwe about supplying vaccines to tackle its escalating Covid-19 outbreak amid concern about Harare's ability to afford the shots, with plans for meetings with business leaders who have offered to pay for them.

Woolworths said its business was boosted by an improved business environment in the final six weeks of the period pushing up its HEPS to R2.47 - R2.64 ($0.1622-$0.1733) for the 26 weeks ending December 27, compared to R1.65 a year earlier.

Statistics South Africa has published its latest report on liquidations and insolvencies, with the data showing an annual decrease in both categories.

Several businesses that Eyewitness News spoke to said that they had struggled to settle their bills and maintain jobs since President Cyril Ramaphosa announced the third ban on alcohol sales in December last year in a bid to slow the spread of COVID-19.

Insurer Santam Ltd said on Monday it will start processing business interruption claims for all commercial policies that were affected by a coronavirus-led lockdown in April beyond those of its hospitality and leisure division.

A love for food and beautiful things is what led to Nwabisa Ngcobo, 35, establishing her own catering and decor business.

Insurer Santam Ltd said on Monday it will start processing business interruption claims for all commercial policies that were affected by a coronavirus-led lockdown in April beyond those of its hospitality and leisure division.

a startup based in Jimma has developed an app that automatically detects then classifies plant diseases through image detection once it runs the image through an algorithm. Debo engineering designs and develops smart engineering solutions for the agricultural sector. The startup banks on applied engineering centering on newly evolved technologies such as ML, artificial intelligence, IoT, image processing, mobile computing, and big data. Debo has a desktop application connecting commercial farms and research institutes in making farm analysis and drone rental services in the case of large rental farms. Most of the startup's customers are urban farmers operating in Jimma city. Debo served over 300 customers in the last year. Boaz Berhanu and Jermia Bayisa are founders of Debo Engineering. They both have engineering backgrounds and have received several recognitions to date. The team clinched the Green Innovation and Agritech Slam 2019 business Competition and MEST Africa's Ethiopia Competition. This has helped them raise initial funding to begin the implementation of their business ideas. Share

AMDON), to prioritize digitized car loans, car sales, and car repairs. Etop Ikpe, the CEO of Autocheck Africa described the strong cooperation as a lever in achieving a digitized and enabling platform for vehicle dealers across Nigeria. Mr. Ikpe described the partnership with Autocheck Africa as a way of delivering a digitally enabled platform for vehicle dealers across Nigeria. Through this partnership, AMDON members will work on a platform that introduces both technology and data in creating a single marketplace for car loans, car sales, and car repairs. Through this collaboration, AMDON members drive more sales by fully exploiting the online marketplace, increasing the visibility of their inventories to potential buyers. Car buyers not only choose from a select number of vehicles but can access multiple car loan offers from financial partners operating on Autochek's platform. This partnership introduces standardized inspections and rating system for vehicles while enhancing customer trust when completing the car buying process. Prince Adedoyin, the chairman of AMDON described the partnership as timely and beneficial as it gives its members a chance to expand their businesses by leveraging digital solutions and technology provided by Autocheck. More on Techawk Share