“It would be foolhardy to paint a rosy picture, given the figures presented by Statistics South Africa, but the situation is not hopeless,” said Employment and Labour Minister Thulas Nxesi. Source: MyBroadband

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

Parcelninja has launched Optimise, an all-in-one courier management solution which makes it easy for corporates and large companies to manage and streamline their deliveries. Source: MyBroadband

African Infrastructure Investment Managers (AIIM) has acquired a R980-million stake in South African open-access fibre network operator MetroFibre Networx. Source: MyBroadband

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

South Africa’s newest airline, Lift, has revealed the livery that will be sported by its aircraft. Source: MyBroadband

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