Germany's Maas - Can't see UK-Ireland talks solving Brexit deadlock
World
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Moody's predicts 'slow recovery' for SA & Nigeria
The ratings agency says exposures to tightening global financing conditions vary across the sub-Saharan region.
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Salga rejects Eskom’s request for another electricity price hike
The association says Eskom’s demands will not only exacerbate debt owing by municipalities, but also force more paying customers to move off the grid.
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Eskom teetering on brink of debt trap, Hadebe says
Eskom CEO Phakamani Hadebe says that if the price of electricity is not increased over the next three years, the institution will struggle to improve its financial position.
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Spar issues ultimatum to franchise owner over compliance with HR audit
EWN has learned that the organisation that runs the Spar supermarket franchise has instructed that a human resources audit be conducted at all the Spars owned by Chris Giannakopoulos, who has been accused of assaulting staff and unfair labour practice.
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SA Express hopes to put financial woes behind it soon
Airline spokesperson Madikwe Mabotha says a key focus now is to steer the business towards financial stability.
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Rand falls on subdued risk appetite
Locally, focus this week will mainly be on the South African Reserve Bank interest rates decision on Thursday.
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SA Express resumes daily flights between CT & Walvis Bay
This forms part of efforts by the carrier’s management to resuscitate operations after flights were grounded in May last year.
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Economist dismisses ANC’s plans for job creation as unrealistic
Ramaphosa says the R1.2 trillion that the ANC plans to raise in new investments for the next year will be used to assist creating 275,000 additional jobs.
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SpaceX to lay off 10% of workforce
The company said it will 'part ways' with some of its manpower, citing 'extraordinarily difficult challenges ahead.'
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China's premier says tax cuts support employment, economic stability
Developing and strengthening small companies is linked to economic stability and stable employment, he said.
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Nissan China chief Jose Munoz resigns amid broadened Ghosn probe
Reuters had reported earlier on Friday that the Japanese automaker was looking into decisions made in the United States by Munoz who led Nissan’s North American operations from 2016 to 2018.
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Elon Musk shows off prototype of Mars-bound rocket, Starship
An orbital prototype is expected in June. That version will be paired with a massive rocket booster known as the Super Heavy.
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CAA once again suspends CemAir
The Aviation Authority says the second suspension, in as many months, has been necessitated by concerns over the systemic failure of the airline’s maintenance controls.
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'Nissan expands Ghosn probe to more countries, executive Munoz under scrutiny'
Nissan has said its internal investigation had uncovered 'substantial and convincing evidence of misconduct' by Carlos Ghosn and that its scope is expanding.
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Poland arrests Huawei director suspected of spying
The Polish announcement comes weeks after Canada arrested Huawei vice president Meng Wanzhou, who is accused of violating Iran sanctions.
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SA Reserve Bank to hold rates in Jan, hike in May - poll
With global growth weakening, some economists expect no change in South African policy across the forecast horizon.
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Rand, assets firm on Fed chief's 'patient' comments
Markets are now pricing in no further rate hikes by the Fed this year, an outcome which would be supportive for emerging market currencies like the rand.
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Under pressure to change, Ford is reinventing itself
The iconic American brand will roll out a major reorganisation of its European operations to boost profitability, including thousands of potential job cuts.
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Ramaphosa's Eskom task team loses another member
Sy Gourrah resigned reportedly because her company does a lot of work with Eskom and she asked to be recused as soon as her appointment was announced.
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SA Express adopting 'pragmatic approach' to get airline fully operational
It will be reintroducing flights from Cape Town this weekend after routes were put on hold last May following aircraft being grounded.
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Concerns over SA’s business confidence levels
The South African Chamber of Commerce and Industry says this is due to a dip in merchandise export volumes and fewer new vehicle sales.
