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  • 2020
  • April

Month: April 2020

KZN FNB CUSTOMER WINS OVER R135 MILLION IN POWERBALL WINNINGS

29 April 2020 Dumisani Hlatswayo

A KwaZulu-Natal based FNB customer won R135 million from the PowerBall draw after he purchased a R100 Quick Pick ticket through the FNB online banking platform yesterday. Since the start of Ithuba’s LOTTO administration in 2015, a total of over Read the full story

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BLACK BUSINESS SIDELINED IN THE ALLOCATION OF MULTI MILLION CONTRACTS

28 April 202028 April 2020 Dumisani Hlatswayo

Sunday World reports that black businesses cried foul following allegations of being sidelined in the allocation of multimillion-rand contracts for purchasing equipment including ventilators and personal protective equipment (PPEs). According to the Sunday tabloid, gov­ernment had centralised the procurement of Read the full story

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MEDIA ASSOCIATION PENS AN OPEN LETTER TO RAMAPHOSA

24 April 202024 April 2020 Dumisani Hlatswayo

The economic disruption related to the coronavirus continues to impact South Africa’s economy negatively for the first time since 2009. Last month President Cryril Ramaphosa announced measures aiming to offset the economic costs of the virus. The most significant measures Read the full story

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5 FINANCIAL MISTAKES CONSUMERS SHOULD AVOID DURING THESE TRYING TIMES

23 April 202023 April 2020 Dumisani Hlatswayo

 As consumers continue to quantify the impact of COVID-19 on their finances, some financial mistakes can be avoided in these unprecedented times. Dhashni Naidoo, FNB Consumer Education Programme Manager says, “Consumers should do everything in their control to keep their Read the full story

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STRUGGLE ICON AHMED TIMOL FINALLY REMEMBERED

18 April 2020 Dumisani Hlatswayo

If you are desperate to escape the never-ending negative news cycle, a book can provide the perfect escape. One of the books you should read during lockdown is The Murder of Ahmed Timol: My Search for the Truth by Imtiaz Read the full story

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CEO INITIATIVE CALLS ON BUSINESS TO PAY SMEs CREDITORS EARLY

15 April 202015 April 2020 Dumisani Hlatswayo

Large corporations have been requested to pay their creditors early this month in an effort to bolster small and medium businesses. This request was issued by The CEO Initiative, whose members include 200 company bosses. It has called on businesses Read the full story

BusinessLeave a comment

COVID 19: WHO HAS CONTRIBUTED TO THE SOLIDARITY FUND?

14 April 202014 April 2020 Dumisani Hlatswayo

President Cryril Ramaphosa has set a good example by announcing a one-third salary cut for himself, the Deputy President, Ministers, their deputies and Premiers. The money will go into the Solidarity Fund that has been set up to fight the Read the full story

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PRESIDENT RAMAPHOSA WELCOMES FOSAD’S DECISION TO CONTRIBUTE TO THE SOLIDARITY FUND

14 April 202014 April 2020 Dumisani Hlatswayo

President Cyril Ramaphosa has welcomed the decision of the Forum of South Africa’s Directors-General (FOSAD) members to contribute to the Solidarity Fund. FOSAD members met on Sunday, 12 April 2020 where a decision was made to support the call by Read the full story

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WORKERS CAN NOW APPLY FOR THE UIF RELIEF BENEFIT

9 April 20209 April 2020 Dumisani Hlatswayo

The coronavirus crisis and lockdown have left many businesses and their employees  without an income. The majority of South African small businesses generating less than R200,000 are at a risk of collapsing as they struggle to secure emergency cash, despite Read the full story

Government, SMMEsUIF1 Comment
(Image: TSA)

7 COVID-19 BUSINESS RESCUE FUNDS TO HELP SMMES

8 April 20208 April 2020 Dumisani Hlatswayo

As small businesses suffer the impact of the Covid-19 pandemic and national lockdown, the Minister for Small Business Development,  Khumbudzo Ntshavheni, announced details of the intervention measures to support SMMEs affected by the Covid-19 disaster. “We’ve put in a facility Read the full story

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