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Crunch time for Necsa

The South African Nuclear Energy Corporation (Necsa) is desperately awaiting an annual grant allocation of some R500 million from government for its new financial year, which commences on April 1. However, calculations based on current…

‘No need to stockpile’ say retailers

South Africa’s three largest retail chains – Shoprite, Pick n Pay and Massmart – are calling on the public not to ‘panic buy’ in response to concerns over the possible impact of the Covid-19 outbreak.…

Will your travel insurance cover you for Covid-19?

When Sandra Sowray and her husband Ryan booked a dream holiday last November, they never imagined it would turn into a logistical nightmare on the back of a global pandemic. Unfortunately, a fine print condition…

Nova: Insolvent, or in a sound financial position?

The board of the Nova PropGrow Group says the company is in a “sound financial position”, despite receiving a lengthy qualified audit report and the auditor expressing significant concern about the company’s ability to continue…

Business dips as Namibia battles COVID-19

Business dips in Windhoek following Namibia’s first two coronavirus cases on Saturday. Small scale enterprises are lamenting of poor sales as people desert public places as precautionary measures. “Personally for my job, it went down…

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Despite zero case, Zimbabwe declares national emergency over…

Zimbabwean President Emmerson Mnangagwa has declared the coronavirus pandemic as a national disaster. He said this could help the government mobilize resources. Mnangagwa also cancelled Independence Day celebrations and international sporting events to curb spread…