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Uber rides take COVID-19 hit but food-delivery business doubles

Homebound customers of Uber Technologies Inc more than doubled their orders from the company's food-delivery service in the second quarter but demand for ride-hailing trips only marginally recovered from pandemic rock-bottom.

Thousands of taxpayers accept auto-assessments

Be sure yours is correct before you do

Denel can't honour court ruling on salaries - letter

Struggling state defence firm Denel told trade unions on Friday that it cannot honour a court ruling that it should pay outstanding salaries by Friday.

Record bullion prices give gold miners a lifeline, risks remain

South African gold miners are looking to cut debt and boost dividends as bullion hits record highs, with analysts and fund

SA's women execs are still earning less than their male counterparts

Significant pay disparities still exist between male and female executives in corporate SA.

How to accelerate your Road Accident Fund payout

If you've been awarded a settlement from the Road Accident Fund, you can access an upfront payment of your money from new startup, RAFPay. 

Test driving TymeBank

The only glitch in the process was when scans of my fingerprints didn’t match my prints at Home Affairs. Apparently, hand sanitizer makes it harder to capture print details.

You can’t claim disability if you’re forced to stay at home

You can only claim for a disability benefit if Covid-19 leaves you disabled as defined by your policy. 

Honour your loved ones by putting funeral savings to good use

The Covid-19 regulations on funerals are a tough pill to swallow, but at the very least they may provide grieving families with a little financial flexibility after the tragedy. 

MTN to exit Middle East to focus on Africa

South African mobile operator MTN Group will exit the Middle East in the medium term, it said on Thursday, starting with the sale of its 75% stake in MTN Syria, as part of plans to focus on Africa.

BMW loses almost $800m as sales slide during lockdowns

BMW expects to make a profit this year if demand continues to recover, despite posting a record loss for its car division in the second quarter after sales slumped 25% because of coronavirus lockdowns, it said on Wednesday

Telkom Kenya says no longer pursuing joint venture with Airtel Kenya

Telkom Kenya said on Wednesday it was no longer pursuing a proposed joint venture transaction with the Kenyan unit of India's Bharti Airtel.

Heineken SA has rubbished claims that it has been forced to shut down

Heineken SA is not shutting now, despite what it calls immense pressure placed on the industry to retain jobs during the Covid-19 lockdown

Roberta Annan a powerhouse in the investment world

Roberta Annan is not only a powerhouse in the investment sphere, but she has made it one of her life missions to make it fashionable to invest in African creatives.

Wheels come off on Up Money as authorities freeze R18.5m in cash, seize luxury cars in pyramid bust

The National Consumer Commission warns that it will be prosecuting everyone involved in the Up Money meat and grocery scheme it has identified as a pyramid scheme.

Hugo Boss sees demand for suits despite home working

German fashion house Hugo Boss expects demand for suits and formal wear to return as coronavirus lockdowns ease even as it adjusts to the rising popularity of casual styles after sales tumbled 59% in the second quarter.

Duo claims huge stake for women in building sector

A 100% black women-owned company is breaking new ground in the construction and engineering industry.

Documents due to Nkosana Makate can't be found

Vodacom couldn't find seven of the 18 contracts that the high court ordered be make available to "Please Call Me" inventor Nkosana Makate in his protracted legal battle with the cellphone giant.

Microsoft talks to buy TikTok's U.S. operations spurs ire in China

A potential shotgun wedding to Microsoft Corp for TikTok's U.S. operations provoked an outcry on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance.

Shoprite shares rise on higher sales, Nigeria divestment plan

Shares in South Africa's Shoprite Holdings shot up over 11% on Monday after it reported higher total sales and said it was considering the sale of all of, or a majority stake in, its Nigerian subsidiary.

Trump to give TikTok's Chinese owner 45 days to agree sale

President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft Corp , three people familiar with the matter said on Sunday.

Telkom moves into financial services

South Africa's telecom operator Telkom has branched into the competitive space of financial services by launching a life insurance business that it said will initially sell funeral insurance.

Diamond giant De Beers likely to cut jobs after COVID-19 hit

Diamond mining giant De Beers is likely to have to cut jobs, its chief executive said on Thursday, as it outlined plans for an overhaul of its business after the coronavirus hit jewellery demand.

Coronavirus hits Anglo American's profit but recovery in sight

Diversified miner Anglo American on Thursday told its investors it was on track for a second-half rebound after a 39% dive in profits in the first six months when lockdowns paralysed production.

Covid-weary consumers told: Upfront fees spell scam

Manie van Schalkwyk, executive director of the SA Fraud Prevention Service, says the requirement that you pay an upfront fee is a tell-tale sign that you’re dealing with a fraudster.

What to do if you can no longer pay your life premiums

Life insurers are extending the premium relief measures to the end of August or September for those who remain in financial difficulty.

This is how your bank has to treat you from now on

South African banks are not known for treating their customers fairly, but this is about to change.

How relief measures impact Islamic banking clients

First National Bank has also offered its Islamic Banking clients separate relief options. 

Huawei overtakes Samsung as top smartphone seller: industry tracker

China's Huawei has overtaken Samsung to become the number-one smartphone seller worldwide in the second quarter on the back of strong domestic demand, industry tracker Canalys said Thursday.
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