Executive pay is under the spotlight amidst growing inequality caused by the COVID-19 pandemic and lockdown. Here are interesting numbers and facts about salaries at top tech companies.
South Africa’s gyms were only told that they would be limited to 50 members at the ’11th hour’, with the decision not part of the protocols discussed with the government, says Mark Field, managing director Virgin Active South Africa.
Listed private tertiary education provider, Stadio Holdings, says that the Covid-19 pandemic has created a shift in the perception and attractiveness of distance learning in South Africa, an avenue it will look to pursue further given the attractive price point.
The Office of the Chief Procurement Officer (OCPO) has published a full list of all companies who have been awarded contracts by government for the supply of goods and services relating to the Covid-19 pandemic.
Finance minister Tito Mboweni has published updated data on how much money government has spent on bailouts for state-owned entities over the last 20 years.
With South Africa’s biggest state utility in crisis, one of parliament’s most important financial oversight committees called an urgent online meeting with the company.
The Fair-Trade Independent Tobacco Association (Fita) has reached a settlement agreement a with the state attorney acting on the behalf of president Cyril Ramaphosa and Cogta minister Nkosazana Dlamini-Zuma about the return of the country’s cigarette sales ban.
With the lockdown gradually easing, the annual consumer price index (CPI) rose to 3.2%, up from 2.2% in June.
The Congress of South African Trade Unions (Cosatu) says it will begin mobilising for major strike action in the first week of October.
From level 5 to level 3 of South Africa’s lockdown, there has been a decline in the number of new cases, showing a slowing down of Covid-19 transmissions.
