Ramaphosa’s presidency challenged by rampant unemployment

By Luyolo Mkentane for Business Day The unemployment rate rose to a near 15-year high in the first quarter of 2019, highlighting the enormity of President Cyril Ramaphosa’s plans to recover the country’s economy. Ramaphosa said he wants to lead the country out...

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Death by Amazon

By Rebecca Ungarino for Market Insider A new “Death by Amazon” index released by the investment-research firm CFRA tracks the stocks its analysts believe could be short-seller targets given their vulnerabilities to competition from Amazon. The index is...

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COLOP announces Arts & Crafts

The Austrian company COLOP (, with more than 15 affiliated companies around the world, took over the entire creative stamp division of RoyalPosthumus, including the international trademark rights for NIO, Woodies and Alta. Additionally COLOP integrated...

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Tiso Blackstar cutting jobs, possibly closing titles

Source: IOL Embattled Tiso Blackstar has announced that it intends to close its Sunday World tabloid as revenue plummets and workers continue to strike. Managing director Andy Gill yesterday sent out an internal communication to staff informing them that Sunday World...

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Tech issues cause chaos at OR Tambo International Airport

By Jan Vermeulen for MyBroadband  Immigration systems were offline at Terminal B at OR Tambo International Airport on Sunday, causing huge delays for passengers. Passengers boarding international flights were all funnelled through the security and passport control...

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Technical glitches mar elections

By Babalo Ndenze and Kgomotso Modise for EWN Technical glitches and Independent Electoral Commission of South Africa (IEC) staff members who failed to pitch for work were some of the problems facing certain voting stations. These issues, among others, were reported by...

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Eskom crisis looms as R7bn loan from China withheld

By Tom Head for The South African South Africa could be set for another round of drama from Eskom, as the ailing power utility has reportedly failed to receive R7 billion in loan payments initially set to come from the Chinese Development Bank (CDB). That’s according...

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Massmart CEO to step down before end of 2019

Source: IOL Retail group Massmart said on Monday chief executive officer Guy Hayward would step down before year-end. “After almost 20 years in the business, the past five of which have been as chief executive officer, Guy Hayward has informed the board of his...

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How the Rolls-Royce of chalk nearly disappeared

By Mindy Weisberger for Live Science A type of blackboard chalk that was produced for decades by just one factory in Japan was so highly prized by mathematicians they referred to it as “the Rolls-Royce of chalk.” And when rumors surfaced about the chalk...

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Interstat is on the move

It is with great excitement that Interstat announces our move to new, bigger premises. After four years of good support from our clients, we have moved into a much larger facility. The new Johannesburg branch is almost three times bigger than before, allowing us to...

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