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Pick n Pay says it lost R2.8bn in sales during the lockdown

Pick n Pay says it lost R2.8bn in sales during the lockdown

By Londiwe Buthelezi for News24 Pick n Pay says it lost R2.8 billion in sales because of trading restrictions and store closures during the six months to 30 August. The retailer, whose first half of the 20201 financial year began just four weeks before South Africa...

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Clicks launches rapid Covid antibody testing

Clicks launches rapid Covid antibody testing

Source: Supermarket & Retailer  Unlike many other antibody tests currently on the market, these rapid tests do not require blood to be sent to a laboratory for analysis. Instead, much like an HIV finger-prick test, they can produce a result in 15 minutes, and...

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Using emojis can be legally binding

Using emojis can be legally binding

Think that the use of a specific emoji colour is fine? Think that a black smiley used by a white person is acceptable? Think that sending an image of an eggplant is perfectly normal? The courts in countries like the USA and France say no, and it’s very likely that...

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Mondi’s underlying earnings down by more than 20%

Mondi’s underlying earnings down by more than 20%

By Sandile Mchunu for IOL Mondi’s share price tumbled by more than 4percent on the JSE yesterday the global packaging and paper group reported that its underlying earnings before interest, tax, depreciation and amortisation (Ebitda) fell by more than 20percent...

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Alviva cautions on possible Tarsus takeover

Alviva cautions on possible Tarsus takeover

By Stephen Gunnion for InceConnected Alviva Holdings has confirmed it is in talks to buy rival group Tarsus Technology Group. That follows a report on TechCentral yesterday morning. In a cautionary announcement, the ICT company said a due diligence investigation on...

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Cabinet extends state of disaster for the fifth time

Cabinet extends state of disaster for the fifth time

By Nokukhanya N Mntambo for Jacaranda FM Cabinet has decided to extend the National State of Disaster by another month. This will be the fifth extension since the start of the Covid-19 lockdown towards the end of March. The State of Disaster was declared by President...

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Apple officially discontinues four older iPhones

Apple officially discontinues four older iPhones

By Avery Hartmans for Business Insider US Apple on Tuesday unveiled its new iPhone 12 lineup, which includes four new 5G phones starting at $699. But the launch of new devices means that Apple has officially stopped selling some older iPhones, bringing its total to...

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Govt releases new Covid regulations for businesses

Govt releases new Covid regulations for businesses

Source: NEASA On 1 October 2020, the Department of Employment and Labour quietly published new consolidated Covid-19 regulations to which workplaces must adhere. Although much of the previous regulations have been retained, there are a number of significant amendments...

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Engen refinery set to shut down

Engen refinery set to shut down

By Shirley le Guern for IOL The Engen oil refinery (Enref) is expected to close its doors in 2023 and the facility may be converted into a fuel storage facility for imported product, according to sources close to the refinery. Suppliers to the refinery, who did not...

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The UIF is not a ‘money tree’ – Nxesi

The UIF is not a ‘money tree’ – Nxesi

By Jason Felix for News24  The Unemployment Insurance Fund (UIF) is not a “money tree” with unlimited resources. That was the warning from Employment and Labour Minister Thulas Nxesi, who revealed on Tuesday that the UIF has around R50-billion available....

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