Ramaphosa: I see a good future for SAA, Eskom beyond Covid-19

'We are all trained in hygiene': Hairdressers strike back at lockdown rules

Daybreaker Monday, 01 June 2020 Ramaphosa: I see a good future for SAA, Eskom beyond Covid-19 President Cyril Ramaphosa has said the Covid-19 pandemic has presented an opportunity to "reset, reposition and repurpose" state-owned enterprises. Read More Top Stories 'We are all trained in hygiene': Hairdressers strike back at lockdown rules Government has said it is working on resolving issues of social distancing before hair salon owners will be able to resume services under lockdown Level 3. Rand's speedy recovery rally caught some traders by surprise The rand's rapid turnaround from April's record low has already burnt some traders' fingers. ANC looks for new levers to boost South Africa's economy ANC head of economic transformation Enoch Godongwana has proposed amendments to the pension funds act, to finance infrastructure projects. Ofentse Mokwena | What's it going to take to make SA's airlines soar? Could a little more wind under the market's wings go a long way? asks Ofentse Mokwena. Level 3 gives airlines a lifeline - but it's a short one If limited flight operation during Level 3 is a lifeline for airlines battling to survive, its effects will depend on demand. Another R30m in tourism relief for tour guides An additional R30 million in coronavirus relief has been made available for tour guides, meaning some freelancers are now eligible for financial assistance. OPINION | Could OPEC+ become a victim of its own success? With oil prices roaring back, the OPEC+ output cuts are undoubtedly doing their job. FlySafair gets ready to start operating from mid-June Low-cost airline FlySafair said it is preparing to resume services from 15 June and will open ticket sales from the following week. Food manufacturers fight back as coronavirus threatens losses, closures As the SA economy shifts to level three of lockdown, with less strict restrictions on business and movement, businesses prepare to respond to infections among staff. SA placed 2nd among most favoured offshore contact centre locations For the third year in a row, South Africa has been named the second most favoured offshore location for contact centre delivery globally. Special Focus 'You are almost making policy in the dark': SARB governor Kganyago on managing Covid-19 MONEY CLINIC: Can I be charged double interest on a home loan plus R50 000 in legal fees? IAN MANN REVIEWS | A shot of inspiration for SA-pessimists OPINION | You were about to retire when Covid-19 struck your savings - now what? Market Data CURRENCIES ZAR/EUR R 19.34 1.01% ZAR/GBP R 21.51 0.85% ZAR/JPY R 0.16 1.05% ZAR/USD R 17.34 1.13% ZAR/AUD R 11.72 -0.11% COMMODITIES Gold 1742,58 0.21% Silver 18,35 1.73% Palladium 1968,99 1.35% Platinum 843,39 1.04% Oil 37,72 0.00% SA INDICES Financial 15 9728,86 -2.87% All Share 50483 -1.76% Industrial 25 69740,28 -2.68% Resource 10 47221,36 -0.16% Top 40 46544,79 -1.89% Gold Mining 4136,3 0.85% FUNDS & ETFS New Gold Issuer Ltd 1.83 (0.86%) Satrix 40 Portfolio -1.03 (-2.02%) Satrix FINI Portfolio -0.39 (-2.39%) Satrix INDI Portfolio -0.96 (-1.37%) More From Fin24 Companies Tech Markets Opinion

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