Displaying items by tag: economy

Monday, 17 August 2020 10:42

South Africa moves to lockdown level 2

From next Tuesday, all restrictions on interprovincial travel will be lifted, while the sale of tobacco products and alcohol will resume.

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Trade, Industry and Competition Minister Ebrahim Patel says to prepare for the post COVID-19 period, the department and its entities will focus all efforts towards saving firms and preserving jobs.

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Monday, 29 June 2020 03:42

Youth bear brunt of COVID-19

South Africa cannot expect to have a growing economy if young people are left behind.

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Wednesday, 24 June 2020 11:54

Economy expected to contract by 7.2% this year

Finance Minister Tito Mboweni says as a result of the COVID-19 pandemic, the country’s economy is projected to contract by 7.2% in 2020.

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With several businesses facing the bleak prospect of shutting down as a direct consequence of the COVID-19 pandemic, President Cyril Ramaphosa has urged that such decisions be carefully taken.

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Thursday, 18 June 2020 05:32

SA sets wheels in motion for economic recovery

President Cyril Ramaphosa says government has started a process of implementing an economic recovery plan, which is coupled with preserving the livelihoods of South Africans and saving lives.

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The South African Government has taken note of the Johannesburg High Court ruling, which declared COVID-19 lockdown regulations in levels 3 and 4 unconstitutional and invalid.

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Friday, 29 May 2020 17:32

Alert level 3: Rebuilding SA's economy

With just four days to go until South Africa moves to alert level 3 of lockdown, government is shifting to rebuild the economy which suffered a massive blow as a result of the lockdown.

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Friday, 29 May 2020 17:25

What to expect in lockdown level 3

In preparation for the shift down to level 3 of the nationwide lockdown from 1 June, Cooperative Governance and Traditional Affairs Minister, Dr Nkosazana Dlamini Zuma, has outlined the regulations that will be implemented as government further opens up various sectors of the economy.

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Monday, 25 May 2020 12:32

South Africa moves to alert level 3

President Cyril Ramaphosa has announced that South Africa will move to alert level 3 with effect from 1 June - with more sectors of the economy opening and the removal of a number of restrictions on the movement of people.

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