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The masks market: South Africans spot the gap and are coining it
The lockdown, now on level 4, has resulted in the shutdown of many businesses and disrupted livelihoods.
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How COVID-19 pandemic is affecting the property market
Just like many industries the property market came to a ground halt during level 5 lockdown regulations, and under level 4 South Africans are still not permitted to move houses.
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CARTOON: A Little Shock of Horrors
Dr Jack & Curtis.
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Mogajane: New airline can emerge from ashes of SAA to keep sector alive
Treasury Director-General Dondo Mogajane has detailed the impact of COVID-19 on South Africa and the intervention decisions by government.
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Rand on the back foot as recession clouds gather
Low volumes following Friday’s bank holiday added to the weakness, with a dearth of offshore demand available to cushion thin liquidity, widening spreads, and risk-off sentiment sparked by renewed tensions between the United States and China.
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Shoppers brave the new way of navigating aisle
Hundreds of shoppers took advantage of the additional items allowed to be sold at stores over the weekend.
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Long queues and masks mark the new normal as workers return to work
Under level 4 restrictions taxis are permitted to operate between 5am and 7pm, but their loading capacity was still limited to just 10 passengers.
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About 1.5 million SA workers expected to report for duty today
The partial re-opening of the economy was implemented on 1 May, but it was a public holiday and many people were away from work.
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Good to be back: Fast food sector workers back in the groove as lockdown eases
The reopening of restaurants, albeit for take-away deliveries only, meant more South Africans could start earning a living once more.
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Some fast food chain store employees 'excited' to work as lockdown eases
Restaurants were forced to close their doors following the announcement of the lockdown but may now operate takeaways.
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Rand weaker on rising coronavirus fears
At 1600 GMT, the rand was 2.1% weaker at 18.5280 per dollar, rolling back from a 2-week best of 18.0200.
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Court to hear testimony from Minerals Council in Amcu case against DMRE
The union took the department to court to compel Minister Gwede Mantashe to institute binding regulations for employers during the COVID-19 pandemic.
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Govt concerned about possible resurgence of COVID-19 cases - Patel
However, government said it needed to balance the re-opening of the economy with stopping the spread of the coronavirus pandemic.
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S&P downgrades SA debt to 'BB-' amid virus impact
S&P projects the South African economy will shrink by 4.5% this year compared with the November 2019 estimate of growth of 1.6%.
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Govt plans to establish new airline to replace SAA, claims NTM
According to NTM, this was discussed at the latest meeting between unions and Public Enterprises Minister Pravin Gordhan.
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Agri SA: Land Bank’s financial distress to have knock-on effect on agri sector
The embattled bank, which is the largest provider of credit to farmers, defaulted on some of its debt obligations last week.
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Rand, stocks rally as stimulus, easing lockdowns lift sentiment
The rand’s gains, however, were curbed by lingering concerns about South Africa’s credit rating after Moody’s on Friday warned about ballooning debt and the effectiveness of the stimulus.
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ANALYSIS: COVID-19 and why South Africa needs a wealth tax now
A wealth tax is in line with the recommendations recently made by the International Monetary Fund to equitably attain fiscal sustainability and better position the economy for post-COVID recovery.
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Kubayi-Ngubane: Over 860,000 employees benefitted from UIF so far
Ministers are elaborating on the socio-economic relief interventions on COVID-19 and the strengthening of the performance of the economy under the current conditions.
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Sarb must play bigger role in making money available to govt – Malema
The EFF leader said the country should exhaust all avenues to try and rescue the current economic crisis from the effects of the COVID-19 pandemic before asking the IMF and World Bank for assistance.
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Ramaphosa: SA will still face challenges after turning tide on COVID-19
The president used his Freedom Day speech to highlight the deep levels of inequality exposed by the national lock down to curb the spread of COVID-19.
