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SA needs to urgently address energy shortages & low growth rate, economists warn
Economists have weighed in during a webinar on investment outlook beyond COVID-19.
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Govt reveals list of high-risk countries as international travel resumes
Countries deemed to be high risk included the United Kingdom, the United States of America, India, France, Russia, Switzerland and the Netherlands.
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SA’s unemployment figures not shocking given state of economy, says Cosatu
Stats SA on Tuesday said the country’s unemployment rate declined to 23.3% between April and June from 30.1% in the quarter before.
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10.3m young people in SA not in employment, education, or training - Stats SA
The number of discouraged work-seekers in the country has increased by close to 500,000, while the total number of people who are not economically active for other reasons increased to 5.6 million between the first and second quarter of the year.
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Stats SA: To be viewed as unemployed, you must be actively looking for a job
Stats SA on Tuesday said the official unemployment figure shrunk to a record low from 30.1% in the first quarter of the year, the lowest unemployment rate recorded since 2008.
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Cosatu: We are fighting against socio-economic injustice
Among the list of demands which Cosatu will make to government during a strike next week is that the families of politicians should be barred from doing business with the state.
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Cosatu draws a line in the sand in its stand against government
At the core of its fight with the government is the failure to deal with corruption and the public service wage increase dispute.
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Cabinet approves publication of report by 4IR commission
The report makes proposals to reinvigorate the country’s industrialisation aspirations, Cabinet said on Thursday.
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Events industry welcomes move to lockdown level 1
President Cyril Ramaphosa on Wednesday said that venue holders were now permitted to allow people to occupy up to 50% of each venue’s space capacity.
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Ramaphosa says coming economic recovery plan a 'milestone for our country'
President Cyril Ramaphosa said that government had made strides in plotting a way forward and the country was out of the worst of the economic turmoil.
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With audience limits, entertainment sector firms worried about covering costs
From Sunday midnight, venues for entertainment such as gyms and theatres – which were limited to no more than 50 people - will now be allowed to accommodate up to 50% of their venue’s capacity.
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Economists express mixed views on another rate cut ahead of MPC announcement
The Sarb has reduced the interest rate by 300 basis points so far this year in an effort to promote growth amid an economy suffering under the effects of the COVID-19 lockdown.
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Govt extends UIF relief fund to support struggling workers, businesses
The COVID-19 pandemic and the associated lockdown have been particularly bruising for the economy.
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Ramaphosa: Now's the time to return SA to a situation that's more normal
President Cyril Ramaphosa announced on Wednesday that from midnight on Sunday, movements on social and economic activities would be eased.
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Ramaphosa to announce details of economic recovery plan after Cabinet approval
The Presidency announced on Tuesday that Nedlac had agreed to the plan for economic recovery at a meeting chaired by the president.
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Ramaphosa expected to discuss lockdown relaxation with PCC
President Cyril Ramaphosa on Tuesday is expected to chair a virtual meeting with the President’s Coordinating Council, which would discuss the latest on COVID-19.
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Karim: Curfew not needed, int'l travel should be considered under level 1
COVID-19 Ministerial Advisory Committee chairperson Professor Salim Abdool Karim said although this was now a new phase in which South Africans would need to learn how to live with COVID-19, certain events should still be treated with extreme caution including large gatherings.
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With COVID-19 cases declining, WC govt eyes further opening of economy
The provincial government plans to make a call to allow for international travel in line with clear health guidelines.
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SA GDP plunge, revenue shortfall to delay debt stabilisation - Moody's
South Africa will struggle to bring down its soaring levels of public debt, set to reach 80% of gross domestic product this year, due to the impact of the record economic contraction on tax revenues, ratings firm Moody’s said on Thursday.
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'Watch this space next week': Ramaphosa on level 1 lockdown
President Cyril Ramaphosa engaged with Sanef in a virtual question-and-answer session on Wednesday evening. Here are the highlights.
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Artists call on court to be lenient with colleagues arrested in KZN protest
The large group was arrested after a protest by artists and others in the entertainment sector. They blockaded the N3 in Durban near the Pavilion Shopping Centre and staged a mini concert.
