Newsroom

In the wake of Eskom scandal, two Deloitte directors resign

While the world is focused on the coronavirus pandemic, Deloitte has been making major changes to senior management. Last month, Deloitte agreed to pay back...
April 9, 2020

Analyst’s grim view of mining after lockdown: ‘Pain’ for most companies, some won’t survive

Overall, mining companies will have to take a "fair amount of pain" as they battle the impact of a 21-day lockdown, while some may not survive at all, an...
April 9, 2020

Bonang Mohale | Recovering from a pandemic, we’ll never be the same. Perhaps we shouldn’t

"The Stone Age did not end because we ran out of stones. It ended when alternative options opened for humanity."   - Steven Chu & Arun Majumdar, (energy...
April 9, 2020

Goldman sees virus causing $75 billion funding hole in Africa

The funding needs of governments in sub-Saharan Africa could rise by $75 billion (about R1.3 trillion at current exchange rates) as the coronavirus pandemic...
April 9, 2020

Uber rival Bolt seeks state aid after banks decline loan request

Ride-hailing company Bolt Technology OU is seeking credit support from the Estonian government after a switch to quarantine-friendly services failed to...
April 9, 2020

Coronavirus could push half a billion Africans into poverty, Oxfam warns

With the World Bank predicting that the ongoing economic impact of the coronavirus could push Sub-Saharan Africa into its first recession in over 25 years,...
April 9, 2020

Global powers scramble as WTO braces for ‘worst recession of our lifetimes’

World powers scrambled on Thursday to build a global response to the human and economic catastrophe caused by the coronavirus epidemic, as death tolls in the...
April 9, 2020

US jobs data: Another 6.6 million claim unemployment benefits

Another 6.6 million Americans submitted claims for unemployment benefits in the week ending 4 April, the US Department of Labor reported on Thursday, as the...
April 9, 2020
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