Altron boosts EBITDA and revenue

Altron has announced an increase in EBITDA of 14% to R1,8-billion in the year to end February, while revenue increased 6% to R16,7-billion during the same period. Headline earnings per share from continuing operations were up 2% to 182 cents while basic earnings per...

Datatec anticipates increased earnings

Datatec has published a trading statement for the financial year ended 29 February 2020, alerting shareholders it expects all earnings per share metrics for the period to be more than 20% higher than the reported earnings for FY19. underlying earnings per share is...

Technical assistance to help world tourism recover

The World Tourism Organisation (UNWTO) has released a Tourism Recovery Technical Assistance Package to offer guidance to Member States in response to Covid-19. The package is structured around three main pillars: economic recovery, marketing and promotion and...

SA’s economic transactions at an all-time low

The BankservAfrica Economic Transaction Index (BETI) for April 2020 has recorded the biggest decline in its history across monthly, quarterly and annual levels. “The annual rate of decline was 13,9% in April and on a quarterly basis, it was -15,2%,” says...
Companies optimistic they can keep workers, customers safe

Companies optimistic they can keep workers, customers safe

As Covid-19 restrictions continue to slowly lift in some countries while others remain in lockdown, there’s a sense of optimism among finance leaders about their companies’ ability to reopen safely. According to PwC’s latest Covid-19 CFO Pulse, 75%...

Workers lose out as employers refuse to apply for TERS

The South African Payroll Association (SAPA) has received several complaints from employees whose salaries have been cut, but their employers aren’t even attempting to claim from the Department of Labour’s Temporary Employee/Employer Relief Scheme (TERS)...