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Deneb Investments warns of rough year ahead on grim economic outlook

6 June 2020 by My Durban

Durban in the News:

Deneb Investments warns of rough year ahead on grim economic outlook: Deneb Investments, which has as its majority shareholder Hosken Consolidated Investments (HCI), has said it will continue to search for ways to deliver growth while warning of a rough year ahead amid …

Body of Andile ‘Bobo’ Mbuthu allegedly left in Bakkie while killers partied: The family of 16-year-old Mbuthu were left reeling after it was revealed that his was left in a bakkie while his alleged killers partied.

Three KZN Sassa offices shut after staff test positive for Covid-19: Natal have been temporarily shut after workers tested positive for Covid-19. Sassa spokesperson Sandy Godlwana said the affected branches were the Mandeni, Ladysmith and Midlands district branches.

Western Cape records 2 349 new Covid-19 infections, 54 deaths: Health Minister Zweli Mkhize announced that the cumulative number of confirmed Covid-19 cases in the country now stands at 40 792, up by 3 267 compared to the previous day. This is the first time that …

KZN Education Dept insists teaching & learning will resume on Monday: MEC Kwazi Mshengu outlined the province’s R57 billion budget for the 2020-2021 financial year and suggested that most schools would be ready to receive pupils next week.

Ramaphosa to inspect Western Cape’s COVID-19 response today: President Cyril Ramaphosa is in Cape Town on Friday to have a look at measures to fight the COVID-19 pandemic. The city is the epicentre of the outbreak in South Africa and the Western Cape accounts …

We need to make the best of a bad situation, says Candice Bass-Robinson: While most of the racehorses departed for Durban in March, Candice Bass-Robinson’s string of stars were stuck in Cape Town due to the lockdown.


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Quick Durban KwaZulu-Natal Fact: Rugby – The Sharks, who compete in the Super 14 with four other South African teams, four teams from Australia, and five from New Zealand. Natal Sharks (closely connected to, but not to be confused with the Super 14 team), who compete in South Africa’s domestic competition, the Currie Cup.


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Category: NewsTag: ahead, Deneb, Economic, Grim, Investments, Outlook, rough, warns, Year

About My Durban

Durban is a major coastal city and the economic hub of the KwaZulu-Natal (KZN) province in eastern South Africa. Governed by the eThekwini Municipality, it is renowned for its busy seaport, tropical climate, diverse cultural influences (African, Indian, and colonial), and the popular “Golden Mile” beachfront promenade, serving as a premier tourism and industrial center.
This author is a catch-all for contributions from individuals and press releases submitted to our MyPR Free Press Release Self Submission Service.

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