African Development Bank lends SA nearly R5 billion to fight COVID-19
The African Development Bank (AFB) said today, its board of directors had approved a loan of $288 million (R4.7 billion) to the government of South Africa to shore... Read more.
COVID-19 UIF benefit extended to August
Employment and Labour Deputy Minister Boitumelo Booi said today that the COVID-19 Temporary Employers/ Employee Relief Fund (TERS) meant to alleviate pressure on... Read more.
Jeff Bezos’ wealth shoots off the roof
Jeff Bezos, the world’s richest man, has seen his wealth surge to a mammoth $189.3 billion. This is after the stock of Amazon jumped 7.8% yesterday, adding $13... Read more.
More than 4 000 UIF claims lodged on behalf of dead people – UIF
Unemployment Insurance Fund (UIF) Commissioner Teboho Maruping said that over 4 000 claims have been lodged on behalf of deceased workers. Maruping said it was becoming... Read more.
Stokvel industry weathers the COVID-19 storm
The South African stokvel industry has remained resilient in the face of COVID-19, which has slashed income, research from FNB shows. Sifiso Nkosi, FNB cash investments... Read more.
Tourism sector bleeds from COVID-19 punches
The Tourism Business Council of South Africa (TBCSA) has issued a dire warning about the prospects of the sector battered by COVID-19. Tshifhiwa Tshivhengwa, CEO... Read more.
Ombud report caused tensions – UCT bosses
The top brass of the University of Cape Town on Monday sought to quash the impact of a damning report by the institution’s ombud into the leadership style... Read more.
Feed hungry children, court orders Motshekga
Minister of Basic Education Angie Motshekga and provincial MECs were on Friday ordered by the Pretoria High Court to take immediate steps to ensure the 9-million... Read more.
Interest rates decision hard to call
Economists are divided on whether the South African Reserve Bank’s (SARB) monetary policy committee (MPC) will hold or decrease interest rates at its meeting on... Read more.
Wits clinicians lead from the front in vaccine trial
Wits University this week said senior clinicians at its faculty of health sciences have volunteered to participate in SA’s first COVID-19 vaccine trial. The volunteers... Read more.
