# Die vakbond Solidariteit het ‘n ondersoek van stapel gestuur na die Amerikaanse onderneming Amazon oor bewerings dat ondernemings in Suid-Afrika op grond van die eienaars se ras uitgesluit word van ‘n sakeontwikkelingsprogram. Amazon Web Services se beleggingsprogram vir ekonomiese bemagtiging, wat gelyke deelname en insluiting bevorder, aanvaar volgens berigte slegs ondernemings in swart besit. […]
# The United Nations says global warming is likely to surpass the 1.5-degree Celsius warming threshold within the next few years, with warming potentially peaking at 1.8-degrees under the best-case scenario. The UN report says current policies could result in warming of around 2.6-degrees. Scientists warn every additional fraction of warming increases climate risks. They […]
# The Department of Trade Industry and Competition has urged South African exporters to collaborate to access international markets under the Block Exemption for Promotion of Exports. The framework allows qualifying businesses to share certain costs, infrastructure, market information and logistics, and jointly market goods where permitted. The department says the measure responds to rising […]
# The Institute of International Finance says Africa is facing a potentially severe El Niño from a weaker economic position than a decade ago. Higher oil prices, a stronger dollar and tighter financing conditions are adding pressure. Forecasters warn the climate event could bring drought to Southern Africa and flooding in the east, damaging crops […]
# Die bekroonde Amerikaanse akteur George Clooney het Donald Trump se administrasie beskryf as ‘n regering wat deur die mins bevoegde mense bestuur word. Hy het op die openingsdag van die Venesiese Rolprentfees gepraat, waar hy met ‘n Goue Leeu bekroon sal word vir sy loopbaanprestasie. Clooney sê hy bly optimisties en glo Amerika sal […]
# Trade union Solidarity has launched an investigation into US company Amazon for allegedly excluding companies from a business development programme in South Africa based on their owners’ race. Amazon Web Services’ Equity Equivalent Investment Programme, which promotes diversity and inclusion, reportedly only accepts 100-percent black-owned businesses and disqualifies any company where a white person […]
# Die Foschini-groep het planne aangekondig om teen 2029 sowat 280 winkels reg oor Suid-Afrika, Brittanje en Australië te sluit na ‘n ernstige daling in wêreldwye kleinhandelbesteding. Die modereus, wat swaar getref is deur internasionale handelsmerk-verswakkings, waarsku dat sy verdienste per aandeel vir die volle jaar met tot 65-persent kan daal. Uitvoerende hoof Anthony Thunström […]
# The Foschini Group has announced plans to close about 280 stores across South Africa, the UK, and Australia by 2029 following a severe drop in global retail spending. The fashion giant, hit hard by international brand impairments, warns its full-year earnings per share could plunge by up to 65-percent. CEO Anthony Thunström says the […]
# Award-winning American actor George Clooney has described US president Donald Trump’s administration as a ‘kakistocracy’, defining it as a government run by the least qualified people. He was speaking at the opening day of the Venice Film Festival, where he is to be awarded a Golden Lion for career achievement. Clooney says he is […]