solidarity wants saa to be put under business rescue - Solidarity wants SAA to be put under business rescue
Business News

Solidarity wants SAA to be put under business rescue

Solidarity has filed a case on Thursday asking a court to subject the distressed state-owned airline South African Airways (SAA) to a business rescue, with the aim of restoring it to profitability.

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interest rate cut might be back - Interest rate cut might be back
Business News

Interest rate cut might be back

Bank Card

An interest rate cut might be on the cards on Thursday. This is after Statistics South Africa (Stats SA) announced on Wednesday that inflation slowed to 3,7 % in October from 4,1% in in September.

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apple intel file antitrust case against softbank owned firm over patent practices - Apple, Intel file antitrust case against SoftBank-owned firm over patent practices
Business News

Apple, Intel file antitrust case against SoftBank-owned firm over patent practices

Apple Inc (AAPL.O) and Intel Corp (INTC.O) on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp (9984.T) unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion.

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irregular expenditure at over r60 billion ag - Irregular expenditure at over R60 billion: AG
Business News

Irregular expenditure at over R60 billion: AG

Auditor-General Kimi Makwetu says irregular expenditure in government departments and state-owned enterprises has increased from R51 billion last year to R62,60 billion this year.

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sa inflation declines to 37 - SA inflation declines to 3,7%
Business News

SA inflation declines to 3,7%

Consumer

Figures by Statistics South Africa show that the Consumer Price Inflation declined to 3,7% in October from 4,1% in September 2019.

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saa in desperate need of government guarantee board member - SAA in desperate need of government guarantee: Board member
Business News

SAA in desperate need of government guarantee: Board member

South African Airways board member Martin Kingston says unless the national carrier is able to secure a government guarantee then the board would have to recommend that the airline be placed under liquidation.

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