Category archives for: Finance

Huawei global revenues up in ‘extraordinary’ 2019

Huawei braves the storm as Europe, Middle East and Africa remains the Chinese technology giant's biggest market outside of Beijing.

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – HUAWEI has reported a 19,1 percent increase in global sales revenue to CNY858,8 billion (US$120,98 billion) in 2019. Its net profit reached CNY62,7 billion and cash flow from operating activities topped CNY91,4 billion, up 22,4 percent year-on-year. Among other highlights, Huawei invested 15,3 percent of its 2019 revenue – […]

FNB unveils assistance to clients impacted by COVID-19

FNB CEO, Jacques Cellier

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – FIRST National Bank (FNB) will from April 1 to June 30 implement measures to provide relief to individual and business customers whose financial stability has been impacted by the coronavirus (COVID-19). Jacques Celliers, FNB Chief Executive Officer, confirmed the measures on Monday. “Our interventions will assist customers who […]

Hundreds of fuel workers observe lockdown

Engen refinery in Durban, South Africa

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – ONE of South Africa’s largest oil and gas producer of crude oil, Engen Refinery is set to undergo a temporary controlled shutdown in line with the ongoing 21-day lockdown in the country. As a consequence of the temporary shutdown, as many as 600 additional employees will observe the […]

Avon shields violence victims from COVID-19

Diepsloot township

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – AVON has offered a lifeline of much-needed sanitary amenities to shelters and institutions working with survivors of gender-based violence in Diepsloot, north of Johannesburg, to help them protect themselves and their families against possible infection from the deadly coronavirus (COVID-19). The donation is in line with Avon’s quest […]

Lydenburg residents acquire much-needed work skills

Posing for a group photo are Lydenburg youths in Mpumalanga province, who acquired skilled in bricklaying, plastering, plumbing, tiling, painting and carpentry. Photo by Anna Ntabane, CAJ News Mpumalanga Bureau.

by ANNA NTABANE LYDENBURG, (CAJ News) – LOCALS in Lydenburg have been empowered with the confidence to enter the job market or create jobs for others following the completion of portable skills programme. The skills programme, which took 20 days, saw 72 community members acquire expertise in bricklaying, plastering, plumbing, tiling, painting and carpentry. “It […]

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