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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, […]
South Africa can not escape the worst of the Covid-19 pandemic. This is according to the chairperson of the ministerial advisory group on Covid-19, epidemiologist professor Salim Abdool Karim. Speaking in Durban on Monday night during a live ZOOM public engagement, he said the country's population would be at high risk again after the nationwide lockdown. President Cyril Ramaphosa has extended the nationwide lockdown which came into effect on March […]
President Cyril Ramaphosa has called on communities to play their part and report acts of vandalism. Ramaphosa made the call in his weekly news letter, from the desk of the president on Monday following the torching of at least 55 schools across Gauteng since the start of the national lockdown. "When communities allow themselves to be passive bystanders when they witness crime, they become party to the sabotage that ultimately […]
The South African Police Service(SAPS) has confirmed that an investigation into the killing of a 40-year-old man in Alexandra township, north of Johannesburg, is underway. It's alleged that the man was beaten to death by South African National Defence Force(SANDF) officials in his yard on Friday after accusing him of violating National lockdown regulations. In an interview with Ynews, SAPS spokesperson Mathapelo Peters revealed that they are awaiting postmortem results […]
President Cyril Ramaphosa has extended the national lockdown by a further two weeks, in an effort to curb the spread of Covid-19. He made the announcement during his address to the nation on Thursday evening. Ramaphosa also revealed that South Africa's confirmed Covid-19 cases now stand at 1934. He stressed that the decision to extend, the 21 days lockdown, was not taken lightly. "Simply put, if we end the lockdown […]
Minister of Communications, Stella Ndabeni-Abrahams, has reassured South Africans that their privacy will not be violated when using geolocations on their cellphones, in the fight against COVID-19. This follows government's announcement that tracer teams from the Health Department will be allowed to use phone locations of people who have tested positive for the virus, in order to track down the people they may have come in contact with. Ministers representing […]
Minister of Cooperate Governance and Traditional Affairs, Nkosazana Dlamini-Zuma has announced that all informal traders have been given the go ahead to operate during the 21 days lockdown. This includes spaza shops, hawkers and informal food traders in communities. Dlamini-Zuma alongside various ministers in the National Coronavirus Command Council (NCCC) expanded on the latest revised lockdown regulations. South Africa has been under lockdown since March 26 in effort to curb […]
Transport Minister Fikile Mbalula has announced that minibus taxis will be allowed to transport at full load capacity, provided that all passengers are wearing surgical masks. Mbalula addressed the public at the Noord Taxi Rank in the Johnnesburg CBD on Wednesday. He outlined the revised public transport regulations in the wake of the nationwide lockdown which came into effect on March 26. The address followed a meeting with the South […]
UEFA is expected to discuss the fate of this season’s Champions League that has been suspended due to the Coronavirus pandemic that has brought sports around the world to a standstill. The European soccer governing body will hold a video conference meeting on Wednesday. All UEFA competitions have been halted because of the deadly virus that has killed at least 37,000 people with more than 780 000 infected worldwide. In […]
