A lot has happened these past few days. Take our quiz and find out if you’re up to speed with current affairs.
With the local steel industry hanging by a thread, and failing to make profits, analysts say it might be on its way to becoming irrelevant to the economy. Finweek contributor Ciaran Ryan writes about how some are calling for import duties on steel, while others say any move to turn things around might only offer a temporary solution.
It’s that time of the year when your spending is about to increase. Holidays, gifts and a new year – which brings increases in your big ticket items – are a couple of months away. Finweek contributor Marcia Klein, ensures you are prepared and enter the holiday season and new year with a spring in your step.
Just 10 years ago, the Edcon group was making R1.3bn in net profits. But for the year to March, net loss came in at R2bn on the back of R29.4bn in revenues. The only piece of good news, strictly for eternal optimists, is that net loss has narrowed from last year’s R2.4bn. Finweek contributor Shoks Mzolo finds out where the group went wrong?