From Business Insider South Africa:
UIF Covid-19 payout trouble: These are the most common problems holding back the cash
E-mail applications for the R350 unemployment grant are now open
SAA Voyager miles are now worthless - until at least August
If air travel ever goes back to pre-Covid-19 levels in SA, getting a seat may be tough
Apple’s iPhone SE will be in SA from today, but it's a bit pricier than we thought
I've been using Apple's new iPhone SE for 2 weeks — here are the best and worst things about it so far
No relief on rates in Tshwane or Joburg (yet) as payments plummet – but you won’t be cut off
Vodacom has survived the Covid-19 share crash better than most – including MTN
Scared of losing your job? Here's what to do
‘Value’ cigarette brands are widely sold despite the tobacco ban – and they’re awful
The ban on mobile number porting has just been dropped, so you can change networks again
Today's headlines:
1. In another blow to the business rescue practitioners at SAA, the labour court ruled that their proposed retrenchment process at the airline was procedurally unfair. Retrenchment notices must be scrapped. Read more.
2. This morning, Vodacom reported a 9% increase in headline profit. In South Africa, sharp data price reductions led to a steady increase in data traffic over recent months.
3. The Reserve Bank bought R11.4 billion worth of government bonds during April, as part of its measures to introduce liquidity to the market. In March, the bank only bought R1 billion bonds. Read more.
4. Horse racing group Phumelela Gaming & Leisure, which filed for business rescue on Friday, will receive a cash injection from the Oppenheimer family, Business Day reports.
5. The struggling Denel can’t make payments to its employee pension fund or pay some of its tax bills, Reuters reports.
Chart of the day
Fact of the day
The most effective number of participants in a video call are five people, according to professor John R. Hollenbeck, who has conducted extensive research on leadership and teamwork. He says large meetings over video are ineffective, and more than just for technical reasons. To make your meetings more useful and engaging, limit them to groups of five, and break your company into a multi-team structure. Read more.
Tweets of the day
You just whisper the word “turmeric” and everything you own and everyone you love is stained yellow for 3 to 5 business days
— lindy (@Lindyyay) May 8, 2020
You can get corona virus and recover by the time you get into Checkers.
— Chester Missing (@chestermissing) May 8, 2020
