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Tag: losses

7 things you need to know today

1. Big players rally behind accelerated economic recovery strategy Private sector players have rallied behind the accelerated economic recovery strategy proposed by South Africa’s biggest business grouping with the aim of achieving...

Western Cape braces for an estimated 240 000 job losses

The Western Cape economy stands to lose an estimated 240 000 jobs as a result of national lockdown regulations, with 104 505 jobs just in the tourism sector. During a presentation made...

Cryptocurrency crime surges, losses hit $4.4bn by end-September

Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking to carry out bigger heists, according to a report from blockchain...

Feathers set to fly over poultry import tariffs, job losses

The increase ‘will rob many consumers of a favoured protein, will shut businesses and lead to the loss of up to 12,000 jobs’. The SA Poultry Association has been accused of gate-keeping...

Burger King losses mount in South Africa as Dunkin Donuts and Baskin Robbins shut...

Grand Parade Investments wants to focus on making Burger King franchises profitable in South Africa, as it liquidates Dunkin Donuts and Baskin Robbins, which counted losses over R70 million. For the six...

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Liquor industry urges government to prepare to lift alcohol ban

The liquor industry is once again calling on government to lift the ban on alcohol. Their latest call is based on suggestions by the...

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