President Cyril Ramaphosa has defended lockdown rules imposed to curb the spread of the coronavirus as citizens grow increasingly irked over seemingly illogical restrictions.
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Promoted | Business owners are going to have to introduce upgraded health and safety measures while remaining alert to the legalities and practicalities of new government-imposed regulations. Here’s a guide.
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 will begin easing a lockdown that has devastated the economy from next month, and assess the levels of restrictions that need to remain in place in towns and provinces based on the risks posed by the coronavirus.
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.
It’s not only the economy at stake. South African society is also at risk if the government extends a five-week lockdown without allowing more industries to get back to work.
Government is holding firm in a pay dispute with labour unions that represent more than 1.2 million workers, denying them promised increases.