SA job losses galore; IMF downgrades growth; new bank for SA; palladium
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In today's business news headlines:
* As the South African economy continues to take strain, companies have warned of job losses. The IT sector and chrome businesses are among the latest to lay off people;
* The International Monetary Fund has adjusted its growth forecast for South Africa for 2020 and 2021 downwards;
* Goldman Sachs has received approval to launch a bank in SA;
* SAA is still flying, even though the government has missed its deadline to provide a fresh financial injection;
* As the world's elite gear up for their annual gathering in Davos, it has emerged that a special clean fuel for planes is being laid on to put paid to flight-shaming;
* It was an exciting ride for palladium investors at the start of the week.
* As the South African economy continues to take strain, companies have warned of job losses. The IT sector and chrome businesses are among the latest to lay off people;
* The International Monetary Fund has adjusted its growth forecast for South Africa for 2020 and 2021 downwards;
* Goldman Sachs has received approval to launch a bank in SA;
* SAA is still flying, even though the government has missed its deadline to provide a fresh financial injection;
* As the world's elite gear up for their annual gathering in Davos, it has emerged that a special clean fuel for planes is being laid on to put paid to flight-shaming;
* It was an exciting ride for palladium investors at the start of the week.
