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Fighting back: How will the hospitality and tourism industry win the war against Covid-19?
Fighting back: How will the hospitality and tourism industry win the war against Covid-19?Article

The hospitality and tourism industry in sub-Saharan Africa must adopt a new "adapt and innovate" modus operandi to meet the challenges produced by the Covid-19 pandemic...

Mark Havercroft 8 hours ago

Gavin van Dyk
Seven cures for a lean purse: Age-old money lessons from 1926 that apply in 2020Article

There is much uncertainty in the world today and the effects of the coronavirus pandemic has had a significant impact on the financial and emotional well-being of many South Africans...

Gavin van Dyk, 16 Sep 2020

Be cautious when claiming tax allowances for future contractual expenditure
Be cautious when claiming tax allowances for future contractual expenditureArticle

Many taxpayers have made use of Section 24C of the Income Tax Act which allows for the holding over of income received in the present year that is due to be used on expenses in the following year...

16 Sep 2020

Zutari completes R377m Pampoennek Road in Brits
Zutari completes R377m Pampoennek Road in BritsArticle

Built at a cost of R377m on behalf of Sanral, the R512-PWV3 Pampoennek Road in Brits in the North West Province was recently officially opened...

10 Sep 2020

Advertising can be poisonous but it should never damage a brand
Advertising can be poisonous but it should never damage a brandArticle

Clicks' blunder was easily avoidable. Was it worth the gamble, if intentional, or will it damage the brand within the hair care sector, or in the larger brand equity. What was the damage?

mike broom 10 Sep 2020

Tax tips for landlords
Tax tips for landlordsArticle

Owning a rental property portfolio that provides an income is much like owning a business. This means that there are tax implications and dues that need to be paid to the South Africa Revenue Service...

Adrian Goslett 9 Sep 2020

Maarten Ackerman, chief economist and advisory partner, Citadel
Latest GDP shocker the straw that will break the camel's back?Article

Latest GDP figures have laid bare the grim reality of Covid-19's economic effects, revealing an unprecedented 51% decline in economic activity in the second quarter of this year...

Maarten Ackerman 9 Sep 2020

Image source: Getty/Gallo
Contract mining clarification muddies the waterArticle

Proposed amendments to the Income Tax Act limiting capex deductions to mining right holders are likely to have negative consequences, particularly for the junior mining sector...

Shirleen Ritchie and Brian Dennehy 8 Sep 2020

How we should be fighting Eskom's massive debt
How we should be fighting Eskom's massive debtArticle

The effective end of South Africa's Covid-19 lockdown has been compounded by the resumption of rolling blackouts, or load shedding to use the government's double speak...

7 Sep 2020

Government should pay people to dig holes and then fill them
Government should pay people to dig holes and then fill themArticle

It was not until high levels of unemployment ensued in the 1930s that policymakers in the UK and US started to pay attention to Keynes' powerful argument for active demand management...

Dr Sitsabo Dlamini 4 Sep 2020

Law enforcement probes Covid-19 relief fund management
Law enforcement probes Covid-19 relief fund managementArticle

Law enforcement agencies are working together to probe the breaches of the Covid-19 Temporary Employee/Employer Relief Scheme (TERS)...

3 Sep 2020

Newly launched virtual event to bring African agrofood, plastprintpack industries together
Newly launched virtual event to bring African agrofood, plastprintpack industries togetherArticle

The four-day event brings leading global manufacturers and decision-makers from the African agrofood and plastprintpack industries together, creating a network of valuable business contacts.

3 Sep 2020

UIF Commissioner suspended
UIF Commissioner suspendedArticle

The Minister of Employment and Labour, Thulas Nxesi, on Wednesday suspended the Unemployment Insurance Fund (UIF) Commissioner Teboho Maruping...

2 Sep 2020

Why sectional title schemes need a 10-year plan
Why sectional title schemes need a 10-year planArticle

According to the Sectional Title Schemes Management Act (STSMA), a 10-year maintenance, repair and replacement plan for major capital assets must be presented at the annual general meeting for approval by the members of the body corporate...

Bjorn Laubscher 31 Aug 2020

Dr David Masondo, deputy finance minister
Treasury to consider budget cuts, increase revenue collectionArticle

The South African government will implement departmental budget cuts and bolster revenue collection to stimulate economic growth...

27 Aug 2020

Insights beyond industry data
Insights beyond industry dataArticle

The advertising industry has certainly grown over the past two decades seeing the changes in technology and the way consumers consume media in general, fragmentation upon fra-g-men-ta-tion...

Issued by Advertising Media Forum 26 Aug 2020

Develop products and market them with women in mind
Develop products and market them with women in mindArticle

Although women are more likely to be unemployed and earn less than their male counterparts, research has found that women hold the buying power in most SA households...

Kerry Thomas 25 Aug 2020

Data companies collaborate to advise on SMME recovery strategies
Data companies collaborate to advise on SMME recovery strategiesArticle

Ask Afrika's weekly Covid-19 Tracker study reveals very similar findings to TransUnion's Consumer Financial Hardship report, revealing constrained household budgets, which impacts many SMMEs...

Lynette Dicey, Issued by Ask Afrika 25 Aug 2020

Tongaat Hulett celebrates women in sugar cane farming
Tongaat Hulett celebrates women in sugar cane farmingArticle

Ranging from owner and farmer manager to junior farm assistant, Tongaat Hulett is celebrating three inspiring KwaZulu-Natal women in agriculture this Women's Month who are involved in sugar cane farming...

21 Aug 2020

Getty
4 South African purchasing trends brought on by Covid-19Article

From toilet paper in Australia to pasta in Italy and condoms in France, countries have noted interesting patterns of demand in the world of fast moving consumer goods...

21 Aug 2020

Carrie Norden, tax specialist, Allan Gray
The taxman cometh, so be preparedArticle

The Supplementary Budget delivered by the minister of finance in June showed that a projected shortfall in tax revenues is expected to be around R300bn for the 2020/2021 fiscal year...

19 Aug 2020

How to cut expenses from your budget
How to cut expenses from your budgetArticle

Dawie Roodt, chief economist at the Efficient Group, relates a story from many years ago, before he acquired all of his current financial wisdom...

Issued by Private Property South Africa 18 Aug 2020

How to protect your technology investment
How to protect your technology investmentArticle

Technology has the ability to improve efficiency and differentiate businesses, providing an important competitive edge...

Sumit Kumar Sharma 17 Aug 2020

South Africa needs better food price controls to shield poor people from Covid-19 fallout
South Africa needs better food price controls to shield poor people from Covid-19 falloutArticle

The pandemic has put in stark relief the country's poorly understood food system, in which powerful firms operate with little oversight while vulnerable actors in the informal food sector face over-regulation...

Ihsaan Bassier, Refiloe Joala and Thando Vilakazi 14 Aug 2020

First-time buyers jump at opportunity to own property
First-time buyers jump at opportunity to own propertyArticle

According to recent research from home loan originator ooba, first-time home buyers increased by 12% in June, with the average age of buyers being 34...

13 Aug 2020

New claims and questions from City Press journalist
New claims and questions from City Press journalistArticle

The latest enquiries from the City Press journalist regrettably seeks once more to elevate anonymous emails beyond their merit...

Professor Ihron Rensburg, Issued by Vaal University of Technology 7 Aug 2020

Bonitas preserves financial stability and reserves in a weak economy
Bonitas preserves financial stability and reserves in a weak economyArticle

Bonitas Medical Fund reported its financial results for 2019, announcing bolstered reserves of R4.3bn during extremely difficult trading conditions...

Issued by Bonitas 7 Aug 2020

Evictions set to rise as tenants feel the pinch
Evictions set to rise as tenants feel the pinchArticle

The increasing financial pressure of the national lockdown means that hot button topics such as evictions and affordability can no longer be ignored...

Grant Smee 6 Aug 2020

Adjustments Appropriation Bill sent to President for assent
Adjustments Appropriation Bill sent to President for assentArticle

The National Council of Provinces (NCOP) approved the Adjustments Appropriation Bill during its virtual sitting on Tuesday...

6 Aug 2020

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Reduced demand for oil and oil products to last for 6 monthsArticle

"We expect that this reduced demand scenario will persist for some time with pre-Covid consumption levels being reached at the back end of 2021. How oil companies and traders will survive during this period will largely depend on their operating models."

4 Aug 2020

Alcohol ban dampens SAB and Heineken's investment ambitions
Alcohol ban dampens SAB and Heineken's investment ambitionsArticle

SAB has halted R5bn in investments in South Africa over the next two years, while Heineken SA is reevaluating plans to establish a new major production facility in KwaZulu-Natal...

4 Aug 2020

Tanya van Lill, CEO, Savca
Private equity likely to weather Covid-19 stormArticle

The private equity industry's resilience in the face of weak macroeconomic circumstances during the 2019 bodes well for the industry's ability to navigate the Covid-19 crisis...

31 Jul 2020

Covid-19 lays bare impact of inequality, historical privilege
Covid-19 lays bare impact of inequality, historical privilegeArticle

On a trip to Denmark to discuss the Sustainable Development Goals (SDGs) with the National Business Initiative's (NBI) counterparts there, the one issue on which we struggled to connect was inequality...

Steve Nicholls 30 Jul 2020

A nurse participates in the drill to test their system capabilities for the Covid-19 coronavirus mass patients influx at the Aga Khan University Hospital in Nairobi.
Covid-19 exposes weaknesses in Kenya's healthcare system. And what can be doneArticle

There are reports that Kenya's hospital beds are filling up because of a surge in Covid-19 patients. This highlights concerns since the start of the pandemic, that the health systems of many African countries would quickly become overwhelmed...

Abdu Mohiddin & Marleen Temmerman 29 Jul 2020

South Africa’s finance minister Tito Mboweni says the IMF loan will limit the country’s economic vulnerabilities which have been exacerbated by Covid-19. Gallo Images/Brenton Geach
The IMF's $4bn loan for South Africa: the pros, cons and potential pitfallsArticle

The International Monetary Fund (IMF) has approved a R70bn ($4.3bn) loan for South Africa to help the country manage the immediate consequences of the fallout from Covid-19...

Danny Bradlow 29 Jul 2020

Deductions available for commission earners
Deductions available for commission earnersArticle

Commission earners could make an argument to Sars that they should be allowed to deduct their normal range of business expenses, even if commission is no longer more than 50% of their total remuneration under the exceptional circumstances of the Covid-19 pandemic...

Joon Chong 22 Jul 2020

6 strategies to grow a tech business during a downturn
6 strategies to grow a tech business during a downturnArticle

At the start of 2020, the South African economy was already on the back foot. GDP shrank 1.4% quarter-on-quarter in Q4 of 2019, following a contraction of 0.8% in Q3. That was even before Covid-19 had arrived...

Mike Rogers 22 Jul 2020

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Update on the state of tourism in SAArticle

The Tourism Business Council of South Africa recent webinar, discussed and raised concerns, and solutions on the current state of the tourism industry in South Africa, ranging from UIF-TERS to agri-tourism.

21 Jul 2020

Report examines food price drivers and discrepancies during pandemic
Report examines food price drivers and discrepancies during pandemicArticle

The Competition Commission said that of the 1,600 complaints received under the excessive pricing and consumer protection regulations by the end of June, 19% related to basic food products...

17 Jul 2020

Surviving a crisis depends on how quickly you adapt
Surviving a crisis depends on how quickly you adaptArticle

Most businesses have been on one end or the other of the scale during this global crisis. On the one hand, some have been fortunate enough to be producing a service or product that has been in lockdown demand while others fall on the dismal end of the scale...

Issued by Adverb 16 Jul 2020

How fleet managers can best keep rising costs down amid new challenges
How fleet managers can best keep rising costs down amid new challengesArticle

While the disciplines and principles of fleet management still hold true under the new normal, it is expected that the increased emphasis on cost reductions will have a big impact on how fleets are operated going forward...

Derick De Vries 16 Jul 2020

New UN report: Tens of millions more going hungry globally
New UN report: Tens of millions more going hungry globallyArticle

According to the United Nations' recently published annual State of Food Security and Nutrition in the World report, tens of millions have joined the ranks of the chronically undernourished over the past five years, and countries around the world continue to struggle with multiple forms of malnutrition.

16 Jul 2020

Why is Durban splurging R50m on a sea pier extension?
Why is Durban splurging R50m on a sea pier extension?Article

Questions are piling up on why City of Durban officials want to pour R50m of concrete and steel into the sea next to uShaka Marine World...

Tony Carnie 15 Jul 2020

Facing retrenchment? Here's 5 tips to start a business
Facing retrenchment? Here's 5 tips to start a businessArticle

Retrenchment is a word that can strike fear into the hearts of even the most seasoned veterans of the corporate world...

15 Jul 2020

Insightopedia: Media trends during Covid-19
Insightopedia: Media trends during Covid-19Article

Due to the Covid-19 pandemic and the global lockdown, society has relied more on digital platforms for updated information. Here's an in-depth look at what Covid-19 media consumption habits look like...

Issued by Openfield 14 Jul 2020

Top management tips from Africa's oldest Employer of Record
Top management tips from Africa's oldest Employer of RecordArticle

As one of the longest established organisations on the African continent to offer Employer of Record services, Africa HR Solutions shares the top management benefits a company gains by using an Employer of Record...

Issued by Africa HR Solutions 14 Jul 2020

Business continuity plans to secure the future of SMMEs
Business continuity plans to secure the future of SMMEsArticle

Managing and growing a business is no easy feat, this task becomes even more difficult when you factor in recessions, economic downgrades and pandemics...

Arnoux Maré 10 Jul 2020

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Prasa appoints acting group chief procurement officerArticle

The Passenger Rail Agency of South Africa has appointed Willie Mathebula the acting group chief procurement officer with immediate effect...

8 Jul 2020

Preventing Covid-19 from becoming a hunger crisis in Africa
Preventing Covid-19 from becoming a hunger crisis in AfricaArticle

In the last several months, Covid-19 has taken up nearly every news headline in nearly every country in the world. The health impact, testing, confinement, and trying to curb the pandemic have rightly been at the forefront...

Mimi Alemayehou 6 Jul 2020

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Impact playersArticle

During these strange times with no live sport to satiate our thirst for epic clashes, there is a new rivalry playing out in our industry between marketing teams and bottom-line focused executives...

Grant McEwan 3 Jul 2020

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