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Exxaro collaborates with the Steve Tshwete Local Municipality to empower local entrepreneurs
Exxaro Resources has partnered with the Steve Tshwete Local Municipality and mining companies Arnot OpCo, Anglo-American Coal South Africa and Glencore to establish enterprise development centres for local entrepreneurs in the township of Mhluzi. The establishment of an Enterprise Development Centre (EDC) is one of the Local Economic Development projects which Exxaro committed to in
Enspired Women Mag expands their horizons launches new offices in Johannesburg
Coming soon to the heart of Johannesburg is one of Port Shepstone's leading news platform, Enspired Women Magazine. Enspired Women Magazine will open and move into its new office building in Johannesburg by December 2020. According to the founder and director of the magazine, Reshma Maharaj, the newly launching office facility is the company’s latest
The best Black Friday deals on Apple devices
It’s rare that Apple slashes the prices on its own products. Fortunately, other retailers are putting a lot of Apple products on sale for Black Friday. A bunch of retailers like Amazon, Best Buy, B&H Photo, Walmart, and Woot are slashing the prices on everything from wearables to its wireless earbuds. Additionally, the online Apple
Mr Price powers up with acquisition
The value retailer is also adding baby, school uniform and gifting lines to its offering. Mr Price is buying fellow Durban-based clothing retailer Power Fashion as it expands its presence in the mid to lower end of the market. Alongside its interim results yesterday, the value retailer said it would spend about 4% of its
Nampak prepares investors for a loss
Nampak will report a full-year loss due to the impact of Covid-19 on its operations, big impairments and foreign currency movements. In a trading statement, the packaging group said Covid-19 affected trading conditions over the year to end-September with the result that it booked impairments totalling R4 billion. These consisted mainly of a R2.2 billion
Billionaires, Bezos and Ambani battle for India retail supremacy
Jeff Bezos and Mukesh Ambani, two of the world’s richest men, face a turning point in a battle for preeminence in India’s booming, nearly trillion-dollar retail market. Amazon, Reliance and Future did not respond to requests for comment. Bezos’s behemoth is a formidable foe, but Ambani has a history as a disrupter. He has shaken
Facebook cryptocurrency Libra to launch in January
Facebook’s Libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project. The Geneva-based Libra Association that will issue and govern Libra plans to launch a single digital coin backed by the dollar, the FT said, citing one of the people. The
Venus Williams’ Advice For Entrepreneurs: Don’t Let Fear Take Over—Just Push Through It
Tennis champion and Olympic gold medalist Venus Williams has some advice for the more than 30 million small business owners and entrepreneurs across the U.S. struggling to find their footing in the new normal: Don’t let fear take over. It’s a lesson she learned at the age of 19 while competing with sister Serena, then
From selling candy to tasting sweet success
Zibusiso Mkhwanazi employs the ‘strategic creative firepower’ he uses in advertising to help businesses innovate and survive the current crises. Today, he is the Group CEO of M&N Brands and co-founder of Avatar, but Zibusiso Mkhwanazi’s entrepreneurial journey started in primary school, when he would sell sweets to make transport money. The sugar rush was
Delta hints at the possibility of purchasing Boeing's 737 MAX: FT
Delta Air Lines Chief Executive Ed Bastian hinted at the possibility of purchasing Boeing Co’s 737 MAX, which was recently approved to fly again by U.S. regulators, in an interview to the Financial Times on Sunday. "We're talking to Boeing about lots of different things, the Max included," Delta's chief executive told the Financial Times.
DELL XPS 13 2-IN-1 (2020) REVIEW: SPEEDY, SPECTACULAR CONVERTIBLE
Not only is the Dell XPS 13 one of Dell’s best-known laptops, but it’s one of the best-known laptops, period. If you know anything about Windows laptops, you’ve probably heard its name. It’s great in pretty much every way, and it just keeps getting better. So it’s forgivable to hear about a “Dell XPS 13 2-in-1” and assume
Tiger Brands tamed by earnings decline
Tiger Brands has reported a sharp decline in full-year earnings after some of its operations were impacted by Covid-19 and exports were held back by a dispute with a former distributor in Nigeria. However, it's sweetened its payout to shareholders with a special dividend and says a rejig of its operating model should help reverse
Sasol shareholders back Lake Charles deal
Sasol's shareholders have voted overwhelmingly in favour of the sale of a 50% stake in the base chemicals operations at its Lake Charles Chemicals Project (LCCP) to LyondellBasell Industries. The deal was approved at a general meeting ahead of its annual general meeting on Friday and followed news earlier in the week that the last
Exxaro’s new partnership with GIBS empowers local entrepreneurs
Johannesburg, 23 November 2020 – Exxaro, one of South Africa’s largest black-empowered resource companies, has announced a new supplier development partnership with internationally accredited University of Pretoria’s, Gordon Institute of Business Science (GIBS). The two organisations are launching a new Contractor Development Programme. The programme aims to promote and support the advancement and empowerment of local
Investec reinstates dividend despite tough first half
The first half of the financial year has been characterised by difficult and volatile market and economic conditions attributed primarily to Covid-19," CEO Fani Titi said. "We are encouraged by the resilience of our loan book, the performance of our core franchises against a tough backdrop and progress made on our strategic objectives."Operating income before
Exxaro tops the Sunday Times Top 100 companies list
Exxaro Resources, South Africa’s largest black-empowered resource company, has been ranked 13th in the Sunday Times Top 100 Companies in South Africa in the 2020 list. This is a remarkable achievement, as the mining company placed 37th in 2019. As one of the most prestigious award events on the business calendar, the Sunday Times Top
eBucks to reward customers with R20m worth of prizes in celebration of 20th birthday
eBucks Rewards is officially turning 20 years and they will celebrate the milestone by rewarding FNB and RMB Private Bank customers with R20 million worth of prizes between 20 November until 9 December 2020. Johan Moolman, CEO of eBucks Rewards says, “eBucks is proud of the meaningful 20-year contribution to helping members manage their money.
50 large companies in South Africa commit to paying SMEs faster
In excess of 50 large companies in South Africa have formally committed to paying their small and medium sized businesses (SMEs) suppliers within a 30 day period, as part of an effort to ensure SMEs survive the economic crisis. The initiative is spearheaded by Business for South Africa (B4SA), the SA SME Fund, and Business
Google’s latest Chrome update delivers ‘largest performance gain in years’
Google is wrapping up 2020 with what it claims are major performance enhancements to the company’s Google Chrome browser. “This month’s update represents the largest gain in Chrome performance in years,” Matt Waddell, Chrome’s director of product, wrote in a blog post. Sounds pretty exciting on the surface, no? Waddell says a slew of under-the-hood
President Trump has fired the official in charge of election cybersecurity
President Donald Trump announced the firing of the official in charge of election cybersecurity, Christopher Krebs, in a Tuesday evening tweet. Before his firing, Krebs served as the first director of the Department of Homeland Security’s (DHS) Cybersecurity and Infrastructure Security Agency (CISA). In response to being fired, Krebs tweeted “Honored to serve. We did it right. Defend