The struggling national carrier South African Airways (SAA) has appointed Thomas Kgokolo as the new acting CEO. Mr Kgokolo has assumed the position with immediate effect with an aim to move the business into a new entity. A statement from the SAA board adds that Kgokolo had 15 years of public sector experience and more...
Day: <span>16 April 2021</span>
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Automaker Geely launched a High-end Electric car brand called Zeekr
Chinese automaker Geely, the owner of Volvo Cars, on Thursday launched a high-end electric vehicle brand called Zeekr. The new car is targeting growing Chinese demand for electric cars. According to UK Autocar website, the 001 will be offered with either an 86kWh or 100kWh battery, delivering up to 435 miles of range on a...
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FNB terminates Accounts of Iqbal Survé’s Ayo Technology Solutions
Sekunjalo Investment Holdings, Ayo’s banking facilities has been terminated by First National Bank According to Moneyweb, the First National Bank has terminated the banking facilities it provides to Iqbal Survé’s Ayo Technology Solutions, Ayo said in a statement to shareholders after markets closed in Johannesburg on Thursday. “Shareholders are advised that the company’s current bankers, First National Bank,...
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African Bank Appointed Kennedy Bungane as their new CEO
The African Bank has appointed banker Mr Kennedy Bungane as the African Bank’s new CEO following the resignation of Basani Maluleke in January. According to the bank, Basani was instrumental in rebuilding the bank after it emerged out of curatorship. “The Board of Directors of the African Bank Group is pleased to announce the appointment...
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Understand the Value in Taking one Step back to take Several steps Forward
The #1 underrated move in business and in life is to take one step backward. Too often, people’s egos and insecurities around what other people are thinking won’t allow them to move backward financially — drive a less fancy car, live in a less fancy house, go on less fancy trips. The truth is, these...