Govt will open ownership of new SAA to all South Africans – Mboweni
Tito Mboweni said South Africans could subscribe to shares of the new SAA through subscription agreements.
Business
SABC extends suspension of retrenchments until end of December
The SABC has extended the suspension of its retrenchment process following consultations with labour unions and other stakeholders.
Govt, Nedbank partner to offer informal traders R40m in grants
The traders will receive R1,000 each as part of the Department of Small Business Development’s Township and Rural Enterprises Programme.
Mboweni questions whether South Africa needs a national airline
Finance Minister Tito Mboweni has once again signalled his scepticism about SAA’s future, questioning whether the country needs a national airline or not.
SABC retrenchments: Ndabeni-Abrahams implores on board to preserve jobs
Stella Ndabeni-Abrahams has implored on SABC to “consider all options” before going ahead with retrenchments.
Just 24% of billed TV licences got paid as SABC posts R511m loss
SABC says it is finalising proposals for the future collection of a public broadcasting levy in a bid to shore up its revenue.
UIF TERS extension: Applications to open on 23 November
UIF TERS applications for the extended period (16 September until 15 October, 2020) will close on 31 December, 2020, UIF said.
Govt pushing ahead with state bank plans – Tito Mboweni
Finance Minister Tito Mboweni has revealed that a feasibility study for a state bank is now complete.
BEE is not a racist policy, but an empowering one – Ramaphosa
President Cyril Ramaphosa says it is not racist to make provisions to “lift up those who were unprivileged” during apartheid.
Ramaphosa announces UIF TERS extension by 1 month
President Cyril Ramaphosa said discussions will continue on how to support businesses in distress going forward.