News in South Africa 4th October: 1. UK to lift travel restrictions: The United Kingdom has updated its international travel system, effectively scrapping its ‘traffic light’ programme, which classified countries as ‘green’, ‘yellow’ and ‘red’ based on their Covid-19 risk. The change, which took effect from Monday morning (4 October), introduces only two categories – […]
News in South Africa 30th July: 1. Vaccine rollout gains momentum: South Africa’s Covid-19 vaccine rollout is gaining momentum as it opens to younger age groups. A third of the country’s total jabs have been administered in the past two weeks alone. South Africa’s vaccination rollout got off to a shaky start due to procurement […]
News in South Africa 24th June: 1. Gauteng infections and deaths climbing: Gauteng had 10,806 new cases of the coronavirus detected in the province in the previous 24 hours, the National Institute for Communicable Diseases (NICD) announced on Wednesday night, setting a new one-day provincial record. Six out of every ten cases detected were in Gauteng. But […]
News in South Africa 22nd June: 1. Gauteng lockdown to get stricter: Premier David Makhura on Monday said he was open “to exploring” putting Gauteng under stricter lockdown if need be. “Gauteng is burning, and the province doesn’t want to send out a message that everything is OK,” Makhura warned on Monday. He was […]
News in South Africa 20th May: 1. Retrenchments on the rise: In early 2020, insurance group Liberty was processing about 10 retrenchment claims a month. But five months after Covid-19 struck, that number increased six-fold. Liberty’s retrenchment claim statistics for 2020, released on Wednesday, give an indication of just how many people lost their jobs […]
News in South Africa 22nd April: 1. Renewed surge of infections globally: The renewed surge in Covid-19 infections is threatening to further divide the world economy between the rich and poor, potentially damaging overall global growth if the fresh outbreaks spread or if key sources of demand falter. More people were diagnosed with Covid-19 last […]
News in South Africa 26th March: 1. SAA grounded despite bailouts: SAA’s business rescue process is almost at an end, but despite billions in money forked over by government in bailouts, there is still no real plan to get the restructured airline off the ground. Business rescue practitioners Siviwe Dongwana and Les Matuson notified the […]
News in South Africa 22nd January: 1. Repo rate unchanged at 3.5%: The Reserve Bank has decided to keep rates unchanged at 3.5%, in line with the expectations of economists. Governor Lesetja Kganyago made the announcement on Thursday afternoon, following the bank’s Monetary Policy Committee’s (MPC) first meeting for the year this week. Two of […]
News in South Africa 21st January: 1. Economy needs restrictions reduced: Western Cape premier Alan Winde is offering suggestions how to allow a controlled reopening of the economy under Covid-19 regulations, including a limited resumption of the sale of alcohol. He told the provincial legislature about his concerns for businesses and that he had held […]
