President Cyril Ramaphosa warned that the coronavirus will be present in the country for at least a year and that infections will rise as lockdown restrictions are eased.
Browsing: Cyril Ramaphosa
President Cyril Ramaphosa has won praise for his response to the coronavirus outbreak. Now, he’s risking a public backlash after members of his cabinet reversed some of his measures and made racially charged statements.
President Cyril Ramaphosa has defended lockdown rules imposed to curb the spread of the coronavirus as citizens grow increasingly irked over seemingly illogical restrictions.
Finance minister Tito Mboweni said the South African economy could contract as much as 6.4% this year due to the coronavirus outbreak and the budget deficit could swell to more than 10% of GDP.
With South Africa in lockdown, citizens need to stand up to irrational decisions by politicians who think they know better. E-commerce is one area where this fight needs to be waged. By Duncan McLeod.
Government plans to spend R500-billion shoring up an economy devastated by the fallout from the coronavirus pandemic and supporting those who’ve been worst affected.
Eskom has declared force majeure – unforeseen circumstances that prevent the fulfilment of a contract – on one of its biggest coal suppliers, Exxaro Resources, setting the stage for possible legal action.
South Africa will gradually ease regulations in various sectors to restart activity after the national lockdown and will work on fast-tracking some structural reforms to help the economy recover.