Daybreak Foods’ business rescue plan is a best-effort scheme to minimise residual harm to employees, and the only chance the Public Investment Corporation has to salvage something from a bad situation. The post Daybreak Foods to chop 2,200 jobs in brutal business rescue plan appeared first on Daily Maverick.
A lower inflation target should translate into lower inflation and lower interest rates. And this de facto target should soon be official policy. The post The stars are lining up for a 3% inflation target — and lower interest rates appeared first on Daily Maverick.
The letter certainly makes for interesting reading from my sweltering perch in Johannesburg, where ‘Spring Day’ should be renamed ‘Summer Day’. The post Loaded for Bear: ‘Dear banks, please treat us fairly’ — a letter from the coal industry appeared first on Daily Maverick.
The board of the South African Institute for Drug-Free Sport was dissolved for spending about R1m fighting a court case in Switzerland so that South Africa could stay in world sport. The post Dissolved board claims flawed forensic report led to irrational decision by Minister McKenzie appeared first on Daily Maverick.
Shukri Conrad has rung the changes — with reasonable success — in the early parts of his tenure as all-format coach. The post Shukri Conrad prioritises youth and performance in revamped Proteas with eye on World Cups appeared first on Daily Maverick.
A federal appeals court ruled on Tuesday that US President Donald Trump unlawfully invoked the Alien Enemies Act to deport Venezuelans he alleges are part of a criminal gang.
Sabalenka gets walkover when Vondrousova withdraws, Venus Williams bows out of doubles.
The US military killed 11 people on Tuesday in a strike on a vessel from Venezuela allegedly carrying illegal narcotics, President Donald Trump said, in the first known operation since his administration’s recent deployment of warships to the southern Caribbean.
Two-time IndyCar champion and former Indianapolis 500 winner Will Power and Team Penske have parted ways after 17 seasons.
The union of South Korean carmaker Hyundai Motor will stage partial strikes over three days this week at plants across South Korea in a push for shorter working hours and higher wages, according to a notice sent to union members.