Category: <span>Business</span>

More than 2 million jobs lost in lockdown South Africa shed 2.2 million jobs during the second quarter, according to Statistics South Africa. While the employment figures reflected the largest decline in employment between the second and first quarter since 2008, Stats SA on Tuesday said unemployment fell substantially as well, decreasing by 2.8 million...

CeFi and DeFi Explained With Bitcoin’s 10th birthday come and gone, developers and entrepreneurs are now looking to take a bigger bite out of the banking industry. Over the last 10-years, the crypto market has been largely aligned with the global banking system in the form of centralized financial services. In fact, only a handful of decentralized exchanges have existed...

Donald Trump said he doesn’t want to pay tax because he is “a private business people” during the first presidential debate with Joe Biden on Tuesday. Responding to a question from moderator Chris Wallace about how much income tax he paid in 2016 and 2017, Mr Trump said: “millions of dollars.” “It was the tax laws....

Uber won a long-running legal battle on Monday that will allow it to continue operating in London, a major victory for the ride-hailing app that has repeatedly clashed with the city’s transport authorities and its traditional cabdrivers. A judge on Monday said that Uber had overcome “historical failings” and was now a “fit and proper”...

Saudi group Zahid snaps up another 5% of Barloworld The Saudi Arabian group Zahid Tractor & Heavy Machinery Co now owns 15% of its shares in all, Barloworld told shareholders on Monday afternoon. In mid July Barloworld announced the company had bought 10% of its shares – at a time when its share price was...

Amazon  is introducing a personal shopping service for men’s fashion. The service, now available to Prime members, is an expansion of the existing Personal Shopper by Prime Wardrobe, a $4.99 per month Stitch Fix rival, originally aimed at women. With Personal Shopper by Prime Wardrobe, an Amazon stylist selects an assortment of fashion items that match a...

Energy Minister Gwede Mantashe said electricity from independent power producers (IPPs) must be purchased by Eskom and programmes will target connection to the grid as soon as reasonably possible. Energy Minister Gwede Mantashe has officially confirmed that government now intends to buy 6,800 megawatts of solar and wind power. The plan is outlined in the...

South African Airways’ maintenance subsidiary has withdrawn its services to its parent after the struggling airline failed to pay money it owes, SAA spokesman Tlali Tlali told local news channel eNCA on Saturday. Administrators took control of SAA in December after almost a decade of financial losses, and have been trying to keep it afloat...

REVOLT will be in more households by month’s end. On Sept. 29, Comcast will expand REVOLT’s availability to Xfinity TV customers across the country in new and existing markets. Under the networks’ new deal, the hip hop TV platform will be added to the Xfinity Digital Starter package in various cities. As a result, millions of...

Having a good credit score is beneficial, and an excellent score is even better. But what if you could achieve the perfect credit score? To attain the highest credit score there is, you’ll need to have outstanding credit practices, meet all the credit scoring criteria perfectly and get a little lucky. However, if your score is anywhere...