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 | "The impact of Covid-19 and travel restrictions resulted in the company foregoing performance bonuses and reducing other operating expenses towards the end of the financial year in order to mitigate the liquidity challenges, but it also necessitated an increase of R270m in provision for doubtful debts." read |
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Aviation |
 | Comair's business rescue process has navigated past two important milestones this week as the investors secured the required credit approval from various lenders of debt funding, as well as approval from various regulators necessary for their investment in Comair to proceed. Read |
 | The FlySafair airline had a television advertisement banned for showing an illegal and unsafe failure to wear masks in public... Read |
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Railway |
 | Traxtion plans to invest a further R14-17bn in locomotives and wagons over the next five years as part of a carefully scaled rolling procurement programme... Read |
Shipping |
 | A new series of Grade 12 Maritime Economics videos has been launched to assist the more than 600 matriculants across South Africa who, despite significant disruptions to their education by the Covid-19 pandemic and other challenges, will sit down to write their final NSC/IEB Maritime Economics examination on 25 November 2020... Read |
Transport |
 | There's good news for SA motorists as the Automobile Association says that the fuel price is set for a solid decrease in November. Here's what you need to know... Read |
Africa |
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 | Chidi Nwaogu of Publiseer was named the "Big Winner" of the 2020 ITU Global Innovation Challenge by the International Telecommunications Union... Read |
Business |
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 | HAYDN TOWNSEND Many consumers feel brands don't know them well enough to serve them in a way that makes them feel special. But when those brands know too much, can you trust them? Read |
 | CLAIRE DENHAM-DYSON In B2B marketing, creating a seamless customer experience can be a key differentiator or justification for a premium. Just how many brands get this right is unknown... Read |
 | Bronwyn Williams, partner at Flux Trends, interviewed Lee Naik at the Alinea Innovation Master Class to find out South African businesses can use innovation to become more resilient and sustainable... Read |
 | The winners of this year's MTN Business App of the Year Awards have been announced. EasyEquities, an app for new and existing investors, took the top spot... Read |
 | AMIR SOHRABI Over the past few months, the entire globe has been through the largest proof-of-concept in working from home... Read |
 | MICHAEL SACHS The social and economic crisis generated by the Covid-19 pandemic has accelerated South Africa's fiscal crisis. But the origins of the fiscal crisis are deeper. It is a structural crisis that will define public policy over the years ahead... Read |
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