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President Cyril Ramaphosa is expected to address the nation on Thursday to expand on the phased lifting of restrictions, as citizen’s gear up for the last leg of the nationwide lockdown. South Africa has been under lockdown since March 26, in an effort to contain the rapid spread of Covid-19, the lockdown is expected to be lifted on April 30. To date South Africa has recorded 65 Covid-19 related deaths, […]
The Department of International Relations and Corporations has revealed that more than 1300 South Africans have been repatriated from 17 countries. At the weekend, 80 South Africans were brought back from Italy, 206 arrived from Germany and 35 from Angola. Despite the travel restrictions, South Africans from several countries including Brazil, the United States, the United Kingdom and Nigeria, have been able to return. Speaking to Ynews, the department’s spokesperson […]
Attorney Eric Mabuza of Mabuza Attorneys has denied allegations that his appointment less than a month before the much awaited corruption trial of Former Statesman Jacob Zuma, is another delay tactic. On Sunday, the Jacob Zuma foundation announced that the former president had terminated the mandate of his attorney of record, Daniel Mantsha with immediate effect and has appointed Mabuza. In a statement the foundation revealed that Zuma had resolved […]
Transport Minister Fikile Mbalula has revealed that 28 people died on the roads during the Easter weekend, a significant decrease from 2019 in which 162 fatalities were recorded. Mbalula released the annual Easter weekend statistics on Friday, and said the majority of the deaths were pedestrians and single-vehicle crashes with contributions of 38% and 19% respectively. It was also revealed that vehicle movement on the roads was reduced by more […]
The Department of Trade and Industry has announced that companies which supplied essential goods during the 21 days nationwide lockdown are required to obtain new certificates for the duration of the extended lockdown. In a statement the department says companies which are registered through the Companies and Intellectual Property Commission’s (CIPC) BizPortal to perform essential services will be required to have a new certificate from the BizPortal website for the […]
The Competition Commission has referred its first case to the Competition Tribunal for prosecution, in the wake of Covid-19. In a statement, the commission said the first case is for excessive pricing of facial mask by Babelegi Workwear Overall Manufacturers and Industrial supplies CC. "The Commission investigated the complaints and found that during the period 31 January 2020 to 5 March 2020, Babelegi increased its prices of facial masks from […]
The Gauteng Education Department has welcomed the arrest of more suspects linked to school break-ins in the province. In a statement the department revealed that they were alerted by the South African Police Services on Thursday, 16 April 2020, about the arrest of two suspects found in possession of property linked to school break-ins in Katlehong. Two other suspects were nabbed on Tuesday, 15 April 2020, after they were also […]
Government has denied South African Airways(SAA) a further R10 billion in funding for the business rescue process. Public Enterprises Minister Pravin Gordhan has made it clear that government does not have the money to support SAA’s request. In a letter to SAA, Gordhan said government would not support the extension of the foreign currency borrowing limit to permit foreign financing of the business rescue plan. The national carrier was placed […]
In an effort to ease financial conditions in the wake of Covid-19, the South African Reserve Bank (sarb) has taken a unanimous decision to cut the repo rate by 100 basis points, with effect from 15 April 2020. This was revealed by Governor Lesetja Kganyago on Tuesday morning. The rate now stands at 4.25%. Kganyago said the uncertainties of Covid-19 have led to extremely high volatility in financial asset prices, […]
