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A business degree opens doors to a wealth of highly paid careers

A business degree opens doors to a wealth of highly paid careers

SPONSORED | Business graduates from reputable institutions such as Mancosa have the potential to secure a wide range of job opportunities and earn impressive salaries

Stocks, FX hit by hawkish Fed bets; Geopolitics in focus

The rand rose 0.2%, inching closer to Thursday's over two-month highs, as rising inflation data this week increased bets that the central bank will hike interest rates next week.

Government gets R11.4bn World Bank loan to bolster Covid-19 recovery efforts

The loan is intended to protect the poor and support economic recovery from the Covid-19 pandemic.

Toyota curbs production in Japan as Covid-19 spreads among workers

Toyota Motor Corp is slowing production at as many as 11 plants in Japan because of rising Covid-19 infections among its workers and those at parts suppliers, it said on Thursday.

Tax, paying down debt and where to spend your cash: finance minister calls for input

Finance minister Enoch Godongwana will deliver his inaugural national Budget speech on February 23, his office said on Thursday.

‘Bank rep’ call about large transaction on store card prompts new scam alert

A new threat involving a call from a fake bank representative has been highlighted by the Southern African Fraud Prevention Service.

Heritage land dispute over Amazon's new Africa HQ goes to court

Groups representing the descendants of SA's earliest inhabitants, the Khoi and San, went to court on Wednesday to try to halt construction of Amazon's new 70,000-square metre Africa headquarters.

Reserve Bank to hike rates by 25 bps to 4.00% on January 27

South Africa's Reserve Bank (SARB) will raise interest rates to 4.00% on January 27 as it continues its hiking cycle amid a pick up in consumer price inflation, a Reuters poll found on Wednesday.

Most loyal customer and longest trip: e-hailing app Bolt crunches 2021 data

The convenience of being "chauffeur driven" is loved by this South African: A Bolt passenger hailed 908 rides on the app during 2021 – equating to nearly two-and-a-half rides per day on every day of the year.

Expel companies complicit in state capture, says BMF

The Black Management Forum has called for companies complicit in state capture to be prohibited from doing business in SA, also lambasting the role played by the ANC’s cadre deployment system in corruption that is undermining the transformation agenda.

Toyota needs to build 1-million cars in March to reach annual target

Toyota Motor Corp will build 700,000 vehicles globally in February, up 10% on the year, but will still need to make a million more in March to reach an annual production target of 9-million, the Nikkei business daily said.

Cognac sales jump 31% as drinkers go upmarket

Cognac sales surged by a nearly a third last year as American and Chinese drinkers guzzled old vintages, in the latest sign premium drinks makers are putting the pandemic behind them.

Apply now for an incubation programme that will take your SME to the next level

SPONSORED | Black Umbrellas has teamed up with Sasria to offer bursary-funded training, coaching and mentorships to help entrepreneurs in the finance and insurance sectors grow their businesses

Renault’s 2021 worldwide group sales fall 4.5%

French carmaker Renault said its worldwide group sales had fallen for the third year in a row in 2021, due notably to problems over chips supplies

Eskom to shut down units of nuclear plant for refuelling

Eskom will from Monday carry out a staggered shutdown of both units of its Koeberg nuclear power station for scheduled refuelling and maintenance.

Tesla delays production of Cybertruck to 2023

Tesla Inc aims to start initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023, pushing back its plan to begin production late this year, a person familiar with the matter told Reuters on Thursday

NPA, Hawks' plan to receive finance from private sector rejected

This comes as the NPA and the Hawks jointly announced that they were planning to expedite the state capture cases and that they were also looking to the private sector for support.

Kenya's new car sales rebound in 2021 on economic recovery

New car sales in Kenya jumped by a quarter in 2021 as economic growth rebounded from a pandemic-induced slump the previous year, driving up demand, the industry association said on Thursday.

Mercedes-Benz building its new all-electric EQS in India

German luxury carmaker Mercedes-Benz plans to start local assembly of its EQS electric sedan in India this year, part of a broader push to electrify its portfolio in Asia, the head of its India unit said on Wednesday

MBA graduates can help businesses succeed in SA’s post-Covid economy

SPONSORED | A Mancosa MBA will equip current and prospective leaders to best navigate the challenges facing their companies and the country

Tesla sold a record number of China-made vehicles in December

US electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car Association showed on Tuesday

VW CFO expects inflation to ease and chip shortage to drag on

Volkswagen AG expects inflation to ease later this year but warned there would be no significant improvement in the global semiconductor shortage, CFO Arno Antlitz told the Wall Street Journal in an interview

Cybercriminals are targeting the world’s wealthy: here’s how to protect yourself

SPONSORED | A Standard Bank cybercrime expert shares tips and techniques for making sure you don’t fall prey to online fraud

South Korea's SsangYong sold for $255m to local consortium

A consortium led by South Korean electric carmaker Edison Motors Co has agreed to acquire debt-ridden SsangYong Motor Co Ltd for 305-billion won, SsangYong Motor said on Monday

KFC to sell plant-based fried 'chicken'

Yum Brands Inc's KFC restaurants will start selling plant-based fried "chicken" from Beyond Meat Inc across the United States on January 10 for a limited time

Six SMMEs chosen to pitch to international investors

Six South African SMMEs have been afforded a rare opportunity to pitch to global start-up investment community as part of MultiChoice’s World Expo 2020 participation.

Telkom asks court to stop spectrum auction again

Telkom is seeking an urgent court order to prevent telecoms regulator ICASA holding a spectrum auction in March, which would further delay the country's rollout of 5G and expansion of 4G capacity already held back by legal action.

How to build back your small business better after setbacks

SPONSORED | A Shari’ah-compliant offering at Standard Bank is the first of its kind in the SA region

Germany wants to avoid escalation in EU dispute over green finance rules

The European Commission's decision to include gas and nuclear investments in the European Union's "sustainable finance taxonomy" rules was circulated in a draft proposal late on December 31 - a timing which was criticised by European lawmakers.
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