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…

Labour department issues out close to R6bn in May relief payments

The Department of Labour has given out an update on how many people have received UIF…

Cyril Ramaphosa explains how much SA’s lockdown has cost so far

It seems you can put a price on an enforced lockdown, and it’s predictably eye-watering. But…

SASSA told to consider ‘making the R350 grant permanent’

The R350 grant should only be with us for six months. But it seems there’s pressure…

SA aviation revenue will drop by R55-billion this year

Air transportation bodies estimate that 2020 activity is 56% down on 2019, placing more than 200…