Business News

JPMorgan predicts global GDP could contract at a 10.5% annualised rate in the first half of 2020

Brent fall amid the heightened fear that the global coronavirus shutdown could last months and demand for fuel could evaporate further

Sam Mokorosi from Vunani Capital and David Shapiro from Sasfin Securities talk to Business Day TV

Nigeria, Angola and Algeria cannot compete with the lower costs of erstwhile allies Saudi Arabia and Russia

Uncertainty reigns about whether funds will have to buy or sell for month- and quarter-end to meet benchmarks

US West Texas Intermediate crude futures fall as far as $19.92, near an 18-year low hit earlier in March

Johann Els, chief economist at Old Mutual Investment Group, discusses the prospects

The finance minister did not rule out seeking further economic support, if needs be

SA has an opportunity 'to do the things we are supposed to do', says Tshepiso Moahloli

Minerals Council SA is working on data to put reliable numbers into the market and warns against simplistic conclusions

Though some have argued that the downgrade was priced in, it comes as global and local markets experience volatility on coronavirus fears

It is also considering lowering the specified minimum requirement of capital and reserve funds to be maintained by banks

Companies in SA are being urged to divert stocks of personal protective equipment for use in the national healthcare sector.

South Africa will start to feel the impact of Friday’s decision by Moody’s to downgrade the country to junk status as an investment destination from today.

We take a look at the latest business news this morning and top stories from our newsrooms across SA, Africa, and the world.

The price of most locally produced goods will not rise in the immediate future. That is the glimmer of light provided by economists and financial analysts...

Essential services businesses can now use Bolt Business Delivery to help fulfill orders.

The big question is will gold continue its superior performance relative to oil?

Collapsing oil prices have left African producers facing not only lost revenue when they most need it to tackle coronavirus, but also a fall in hard-won market share they may never regain. The post Oil crash puts Africa’s cash-strapped producers in peril appeared first on SABC News - Breaking news, special reports, world, business, sport […]

The National Union of Metal Workers South Africa (Numsa) has condemned Golden Arrow bus services in the Western Cape for allegedly forcing workers to go to work during the national lockdown. The post Numsa condemns Golden Arrow for forcing employees to work during lockdown appeared first on SABC News - Breaking news, special reports, world, […]

Zimbabwe legalized the use of foreign currencies in domestic transactions on Sunday, less than a year after abandoning dollar, as the country readies for a 21-day lockdown to prevent the spread of coronavirus, starting at midnight.   The post Zimbabwe brings back foreign currencies ahead of coronavirus lockdown appeared first on SABC News - Breaking news, […]

National Treasury has published details of tax measures aimed at cushioning small and medium enterprises (SMEs) and vulnerable firms from the impact of the coronavirus outbreak. They include a tax subsidy to employers of up to R500 per month for the next four months for private sector employees earning below R6 500. The post Treasury […]

The SABC Board has rejected claims that management put workers at risk of exposure to the coronavirus by concealing information about a staff member who had been exposed to coronavirus. The post SABC board reassures staff as COVID-19 fears rock the public broadcaster appeared first on SABC News - Breaking news, special reports, world, business, […]

Analysts say it's time for government to adopt ultra-aggressive economic policies following a downgrade by credit rating agency Moody's. The post Government needs aggressive economic policies: Analysts appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Eskom moved to reassure lenders and markets on Monday that it will continue to meet its financial commitments and obligations during and after South Africa’s Covid-19 lockdown.

Promoted | Liquid Telecom’s resilient network architecture safeguards business connectivity as some internet traffic is impacted.

Netflix will reduce the bandwidth it uses to serve customers in South Africa and the rest of Africa for the next 30 days in an effort to alleviate pressure on network infrastructure during the Covid-19 crisis.

A cable ship has been sent to fix the break in the West African Cable System off the coast of England. Repairs are expected to be completed on Saturday, 4 April.

The rand plumbed a record low after the country lost its last investment-grade credit rating, and investors anticipated it may slide deeper into junk as the spread of the coronavirus decimates the economy.

South Africa has recorded the second death resulting from the Covid-19 pandemic, a 74-year-old man from Ladysmith who had been in ICU and on ventilation in a private hospital in Ladysmith.

As we enter into lockdown, Tamryn Lamb, head of retail distribution, reassures investors that we are open during this most unsettling time. She also provides...

We have managed our portfolios through a range of different crises since 1974. Over the last 20 years, the dotcom collapse in 2001/02, the global financial...

As we enter into lockdown, Saleem Sonday, head of group savings and investments, reassures umbrella fund members that the trustees continue to ensure that...

Following President Cyril Ramaphosa’s announcement of a 21-day country-wide lockdown as of midnight on 26 March 2020, we would like to reassure you that Alla...

The world is changing extremely fast. The global business shutdown is unlike anything seen outside wartime. It is impossible to know the length or depth of t...

With so much uncertainty in the markets as a result of the COVID-19 coronavirus, we recognise the importance of being available to our clients.

Are you looking for ways to counteract the negative impact of the Coronavirus? Want to invest your new-found spare time into a long-term SEO strategy? Digital Marketing Philippines share the SEO trends to help you through in this infographic. Here’s a quick summary: The mad scramble for position zero Optimising content for voice search rises […]

Is your business suffering due to the Coronavirus outbreak? Suddenly got more time on your hands and want to put it to good use? We share 8 marketing ideas to beat the Coronavirus in this infographic. Here’s a quick summary: Connect with your customers on social media Make sure your business can be found online […]

Do you struggle to come up with blog content ideas? Need help creating engaging content to share with your readers and followers? We share 10 tools to generate blog content ideas in this infographic. Here’s what makes the list: Hubspot’s blog topic generator Impact’s blog title generator Answer the Public Buzzsumo’s question analyser Seopressor’s blog […]

Is your business suffering due to the Coronavirus outbreak? Looking for quick ways to adapt and keep your business afloat? We share 8 ways to stay ahead of the Coronavirus outbreak in this infographic. Here’s a quick summary: Find leads and customers ahead of time Adapt your services to the current situation Market your solutions […]

Is a slow website killing your online conversions? Looking for ways to improve website speed and stop visitors from leaving? We share 10 website speed killers in this infographic. Here’s a quick summary: Caching issues Overloaded database Outdated CMS Excessive usage of social media scripts The use of chatbots Broken links Render-blocking JavaScript Accelerated mobile […]

Are you staying at home to avoid the Coronavirus? Want to look at ways you can earn money until the madness passes? We share 10 ways to make money from home in this infographic. Here’s a quick summary: Become a virtual assistant Sell stuff on eBay Online tutoring Sell services on Fiverr Launch an ecommerce […]