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Cosatu hopes Ramaphosa will soon announce reopening of more sectors of economy
There is no confirmation from government on when President Cyril Ramaphosa will give the country any clarity.
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Mkhize: Lockdown restrictions will be lifted... at the right time
Health Minister Zweli Mkhize said while only 2,500 daily new infections were recorded in the country during the last 24-hour reporting cycle, the restrictions would only be lifted after careful consideration of several factors.
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Once-booming Franschhoek is on its knees: 'People are not eating!'
Waiters, chefs and restaurant owners in Franschhoek and elsewhere are protesting under the banner #JobsSaveLives.
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Poll: Reserve Bank to cut rates again, by modest 25 bps
The SARB cut rates in May by 50 basis points after the economy was shut down to limit the spread of the novel coronavirus. That followed two aggressive 100 basis point cuts in succession in March and April.
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SA's failure to lower debt could trigger downgrade - Fitch
Debt in Africa’s most industrialised economy is set to breach 80% of gross domestic product next year as the government borrows more to bring the coronavirus pandemic under control.
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ANC: We need to mobilise society around an infrastructure-led recovery
The ANC’s economic transformation committee has released a document on building a new inclusive economy. This follows a similar publication issued by Business for South Africa on Friday, proposing an economic recovery plan which requires R3.4 trillion in funding over the next three years.
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HAJI MOHAMED DAWJEE: Why is no one listening? Pandemic proof is all around us
The COVID-19 pandemic is our collective problem and we need to start acting like it, writes Haji Mohamed Dawjee.
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SA heads towards 'tougher times' as GDP contracts by 2%
This was the third consecutive decline with the economy remaining in recession.
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Rwanda’s economy expected to grow 2% in 2020, 6.3% in 2021 - finance minister
Uzziel Ndagijimana said tourism revenues had decreased by 35% so far, while foreign direct investment would decrease by 62% because of the impact of COVID-19 on trade.
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The waiting game: How COVID-19 is bringing SA sport to its knees
For the South African sports economy, live matches can’t return soon enough. But will it be too late for some when it does?
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Japan slips into recession, worst yet to come as pandemic wreaks havoc
The coronavirus, which first emerged in China late last year, has ravaged the global economy as many nations went into strict lockdowns to curb the outbreak that has so far killed over 310,000 people worldwide.
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Australia must brace for more 'hard news', says PM as employment slumps
Treasurer Josh Frydenberg said the job losses were “heart breaking” and that economic numbers would get worse before getting better.
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England tiptoes out of lockdown as economy withers
The worst-hit country in Europe with more than 40,000 deaths from COVID-19, including 275 health and care workers, according to official data, Britain has been in lockdown since March 23.
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SA to lose billions of rands from cybercrimes during COVID-19, experts warn
Cybersecurity experts say they’ve noticed a sharp increase in different cybercrimes such as carding, romance scams and compromised business emails.
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Business for SA joins growing list calling for urgent reopening of economy
The business group, which was formed to support government’s efforts to deal with the health, labour and economic fallouts of COVID-19 is warning up to 4 million jobs that be lost due to the pandemic.
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In a nutshell: Ramaphosa’s economy recovery plan amid COVID-19
From billions allocated to grant recipients to tax holidays, here is what Ramaphosa said during his address.
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Mboweni urges Eskom to get it together before another bailout
Mboweni said it’s time for state-owned companies to be weaned off state coffers, and that the government cannot continue to throw money at Eskom.
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Govt preparing new laws to restrict foreign-owned business and 'protect locals'
Small Business Minister Khumbudzo Ntshavheni says the laws will regulate the participation of foreign nationals in SA's economy.
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S&P Global keeps SA’s rating unchanged
S&P affirmed the country’s long-term foreign currency debt rating at ‘BB’ and its local currency debt rating at ‘BB+’.
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SA headline consumer inflation rises to 4.5%
Statistics SA says month-on-month basis prices rose 0.8% - the same rate as in the previous month.
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Zimbabwe GDP growth below target at 4% in 2018 – Treasury
The government's foreign and domestic debt stood at $17.8 billion in December, with 46% of that amount owed to foreign lenders.
