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Outa takes Sanral to court
The Organisation Undoing Tax Abuse (Outa) suspects long-distance toll concessionaires may be making excessive profits and is taking the SA National Roads Agency (Sanral) to court in an attempt to obtain the evidence to prove it.
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Russian rouble, rand lead currency declines
Emerging market currencies in Europe, the Middle East and Africa were pressured by a rise in demand for the dollar on Tuesday, as investors took a breather from stocks and other riskier investments after several days of gains.
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Omnia swings to annual profit as turnaround bears fruit
South African chemicals and fertiliser maker Omnia Holdings swung into a full-year profit in the year to end March, it said on Tuesday, after restructuring measures helped strengthen its balance sheet and boost earnings.
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Asian shares hit speed bump, China extends sharp rally
Asian shares paused for breath on Tuesday following a surge sparked by speculation Beijing is trying to orchestrate a major domestic bull run to support an economy hit by the coronavirus and a standoff with Washington.
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Covid-19: Salary cuts and tax impact
Unlike public sector entities, most private sector companies have been forced to reduce their salary bills in order to keep the doors open during the Covid-19 national lockdown.
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