Govt allocates R6 billion more for special R350 Covid-19 grant

Government has allocated an extra R6 billion to fund the R350 special Covid-19 grant for those…

Parliament approves 0% salary increase for IEC bosses

Pariament has unanimously supported a call by President Cyril Ramaphosa for a retrospective 0% salary increase…

SASSA SRD grants: You can now receive funds directly into bank accounts

It’s probably long overdue, but beneficiaries can now elect to have their SASSA SRD grants paid…

Confirmed: SA’s R70bn loan from IMF is ‘biggest grant so far’

Good news for government: The IMF has approved a loan of R70bn for South Africa, as…

South Africa secures R5 billion loan from African Development Bank

The loan is intended to help bolster South Africa’s fight against the coronavirus pandemic. The African…

SA manufacturing industry crashes by half during lockdown

The manufacturing industry has contracted by 49.4% since the same time last year, with a 98%…

GDP plummets by 2% – here are the worst-affected industries

It’s one for the masochists: South Africa has released its GDP stats for Q1 of 2020,…

Supplementary budget tax revenue targets may be unrealistic

Business and consumer activity will only ramp up very slowly over the next year, says accounting…

Mboweni says part of his Budget speech ‘removed’: But was it a pension raid?

We’ve got a Minister Mboweni mystery on our hands. Tito says some of his speech ‘disappeared’…

Second wave fears cause uncertainty ahead of supplementary budget

Over the past week we saw fears of a second wave of infections gripping the market…