Africa is two to three weeks away from the worst of the coronavirus storm and needs an emergency economic stimulus of $100-billion to bolster preventative measures, according to a UN agency.
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South Africa may approach the International Monetary Fund for the first time ever to help with funding to deal with the fallout from the coronavirus outbreak, the Sunday Times reported, citing finance minister Tito Mboweni.
The West African Cable System has suffered another break – at the worst possible time for South Africa, with many people now relying on home broadband connections to work.
Moody’s cut South Africa’s credit rating below investment grade, delivering the country a full house of junk assessments as it grapples with a nationwide lockdown.
The Competition Tribunal has blocked Naspers’s plan to buy WeBuyCars. This comes after the Competition Commission moved to prevent the R1.4-billion acquisition of a 60% stake in the company.
Vodacom Group chairman, who has been on the telecommunications operator’s board for the past 11 years, will step down at its AGM on 21 July.
Eskom has told part of its workforce to stay home and delayed some maintenance as demand for electricity plummeted due to the national lockdown aimed at containing the spread of the coronavirus.
Web cameras on Friday morning displayed images of deserted highways across Gauteng as the first day of a three-week, government-ordered lockdown began to fight the spread of Covid-19.
Fuel prices will fall by a record in April, the Automobile Association of South Africa predicted on Friday, but few motorists and businesses with fleets will be able to take advantage.
Attention all South African website owners and operators. Government regulations, published on Thursday, require all websites that end in “.za” to link to the department of health’s Covid-19 portal.