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Business

Jones Bootmaker sale saves 840 jobs

The bulk of footwear chain Jones Bootmaker has been sold to investment firm Endless, saving 72 stores and 840 jobs. However, the remaining 31 stores will close and about 260 jobs are expected to be lost. Jones was owned by Alteri Investors, whose “value” shoe chain Brantano collapsed earlier this …

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Govt presents tax reduction bill to Parliament

The government yesterday took a giant step towards giving tax cuts to businesses and reducing the cost of doing business with the presentation of four tax-related bills to Parliament for amendment. The bills are the Income Tax (Amendment) Bill, 2017; the Special Petroleum Tax (Amendment) Bill, 2017; the Special Import …

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