SA Business
El Salvador becomes 1st ever country to adopt Bitcoin as legal tender
El Salvador’s legislative body passed a law early Wednesday, June 9, that will make the country the first one in the world to deem bitcoin a legal currency.
Business: R700m now dedicated to assisting township entrepreneurs
The South African government has set a large sum of money aside to assist Township and rural area entrepreneurs with their small, medium and micro businesses.
Clover closes biggest SA cheese factory in NW, plans to relocate to Durban
Clover is closing its biggest cheese factory in Mzansi which is based in the North West. Reports say the company will be relocating to the factory in Durban.
PoPI Act almost here, non compliance could result in intense legal ramifications
1 July, 2021 marks the day the Protection of Personal Information Act is implemented and various businesses are attempting to become compliant beforehand.
Business: Reports say restaurants charge 30% extra through Uber Eats and Mr D
Recent reports have revealed that a few restaurants have been upping their prices by 30% while using delivery services such as Uber Eats and its competitor Mr D
Business news: SA rand reaches 2 year high against US dollar
The South African rand has reached a two-year high against the US dollar. Trading at R13.54 to the dollar, the rand hit a memorable high since February 2019.
Mzansi opens first woman owned bank, cheeky owner is rude to male customer
South Africa can proudly boast an all-female-owned bank. However, while enquiring about shares in the new venture, one male customer received some antagonism.
“Haibo”: Social media reacts to video of Mzansi locals arguing with a policeman
South African social media users are praising a smart member of the police force who is seen in a video clip arguing with a group of locals at a Gauteng mall.
R650m cannabis deal has a South African company floating their way to the top
Goodleaf is one of South Africa's first commercialised cannabis companies and has recently bagged a R650 million deal with Highlands Investments, say reports.
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