Business

While it is impossible to tell how much of the damage is covered by insurance and how many policies include Sasria cover, the figures suggest that Sasria might be swamped. Sasria describes itself as the primary short-term insurer in SA, providing cover against special risks such as civil commotion, public disorder, strikes, riots and terrorism.

The South African Banking Risk Information Centre (SABRIC) has issued a warning to citizens to not use dye-stained cash notes from ATM's.

The Port of East London may be in line for a capacity increase and a deepening of the harbour to allow bigger vessels to enter. Image: Transnet website

Travel agency Flight Centre Travel Group is advising its customers not to book on South African Airways (SAA) or Mango Airlines because of various limitations the airlines have put on their booking platforms.

The country's sugar industry says a new report on the socio-economic impact of the so-called sugar tax, has highlighted the devastating impact it had on the industry.

The annual SA Wine Harvest report states that wine lovers from across the globe can enjoy outstanding wines from a much cooler and later 2021 wine grape season in South Africa.

Bitcoin is down 26% this week as Elon Musk went to war with the bitcoin crowd over his disapproval of the cryptocurrency’s energy consumption, and decided to reverse his earlier decision to allow purchases of Tesla cars in bitcoin.

Unless funding is secured, presumably from a new investor, one could assume that the company will be placed in business rescue. It is highly unlikely that it will be able to trade its way out of this situation.

The sod turning for the R500-million Boardwalk Mall took place on Thursday. Its an extension and upgrade of the Boardwalk Precinct which will more than double its retail space to 23 000sqm