The Western Cape Government has issued an urgent hotspot alert for the Garden Route, due to the rapidly increasing number of Covid-19 cases in that area. Source: BusinessTech
Capitec has launched a new virtual banking card which will allow the bank’s clients to shop more safely online. Source: BusinessTech
South Africa’s biggest retailers are looking at new profit avenues in a bid to recover from the devastating damage caused by coronavirus lockdown. Source: BusinessTech
Naspers said in a trading statement on Monday (16 November), that it expects to report a decline in earnings following the listing of subsidiary Prosus in Amsterdam last year, which has seen the amounts it receives from the company slip to 72.66% in the current period, from 100% before. Source: BusinessTech
African Infrastructure Investment Managers, an infrastructure-focused private equity fund manager, has acquired a minority equity stake in open access fibre network operator, MetroFibre Networx, through the newly incorporated Digital Infrastructure Investment Holdings platform. Source: BusinessTech
South African hospitals likely under-reported the number of patients with Covid-19 and the death toll from the virus is probably much higher than the official figure, according to a study. Source: BusinessTech
New local airline Lift has opened its website for bookings as it prepares to officially begin operations on 10 December- but first it wants the public to settle on a design for its planes. Source: BusinessTech
Retailer Game has published the third in a series of deals as part of its month-long Black Friday 2020 sale. Source: BusinessTech
Stor-Age Property REIT, the largest self storage property fund and brand in South Africa, said Tuesday (17 November), that it delivered a strong performance for the six month period ended September 2020, despite the disruption of the Covid-19 lockdowns. Source: BusinessTech
Civil society group Dear South Africa has approached the High Court to set aside the ‘lockdown extension’ which was introduced on 13 November. Source: BusinessTech
