The economy is in a depressed state, and Finance Minister Tito Mboweni has called for cautious use of the country’s finances to avert plunging into a sovereign debt crisis
The finance minister will cut departments’ allocations according to their cloth as one measure, and savings will have been made from underspend during the lockdown
International and regional finance institutions such as the World Bank, the IMF and the AfDB have provided emergency assistance, but there still remains a funding gap to effectively fight Covid-19
In preparation for a spike in the number of Covid-19 cases, talks between private hospital groups and the national health department on treating patients have been concluded
A disciplinary inquiry has cleared Matshepo More of all charges, but she remains suspended
The harmful economic effect of the pandemic has seen small businesses lose out, but others have been able to survive by changing to suit the times
The Independent Development Trust’s board and the department of public works and infrastructure have agreed to devise an exit plan, which will see the entity closed by early next year
The Monetary Policy Committee has cut the repurchase rate by a further 50 basis points, after a two consecutive cuts of 100 basis points earlier this year
The uncertainty of a post-Covid-19 airspace makes it even more difficult for the airline industry to forecast its recovery
The next phase of the government’s economic strategy, which will be announced ‘soon’, is expected to detail plans to recover from the crisis wrought by the coronavirus pandemic