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lyftlatest news & developments
Limited seats: Flights by British Airways and Kulula, which account for 40% of South Africa’s domestic capacity, have been temporarily suspended.
AIRLINK AND THE SOUTH AFRICAN AIRWAYS

Competition Commission: Zero tolerance for price gouging by airlines

After Comair suspended its flights, the Competition Commission has said it will look into any signs of price gouging

  • Anathi Madubela
5 min read
AIRLINK AND THE SOUTH AFRICAN AIRWAYS

Airlines warned price gouging will not be tolerated

After Comair suspended its flights, the Competition Commission has said it will look into any signs of price gouging

  • Anathi Madubela
5 min read
High life: Adam Neumann, CEO of WeWork, lived a lavish lifestyle and cashed in hundreds of millions before attempting to list the company. (Eduardo Nunoz/Reuters)
COUNTRY

Uber cool firms won’t always work

Market sentiment towards high-flying, loss-making start-ups has changed; investors are becoming more wary of big talk

  • Tshegofatso Mathe
4 min read
Before the Covid-19 pandemic thousands of Uber and Lyft drivers turned off their apps in a US-wide strike over pay and working conditions. (Kate Munsch/Reuters)
LYFT

Drivers strike as Uber poised to go public

Uber is expected to launch its initial public offering on Friday giving it an estimated valuation of some $80-billion

  • Ali Bekhtaoui
4 min read