FIN 24 – Economy

FIN 24 – Economy

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Fin24 Economy

The government has argued that emerging research shows smoking leads to more severe cases of Covid-19, and prohibition is necessary to reduce strain on SA's health system.
Posted: June 4, 2020, 11:20 am
African economies could swing into a depression without a debt moratorium of at least three years, Ghana’s Minister of Finance Ken Ofori-Atta said.
Posted: June 4, 2020, 9:34 am
Finding a solution for Eskom's R450 billion debt will be prioritised once issues surrounding the Covid-19 crisis settle, Public Enterprises Minister Pravin Gordhan has said.
Posted: June 4, 2020, 8:54 am
The government is feeling the pressure of having to defend two separate cases relating to its ban on the sale of cigarettes and tobacco products.
Posted: June 4, 2020, 7:31 am
The Cintocare Hospital in Pretoria has received the Green Building Council of South Africa's first Custom Healthcare Green Star certification awarded in Africa.
Posted: June 3, 2020, 7:30 pm
Background checks for gun buyers have risen for 13 straight months, with the trend set to continue.
Posted: June 3, 2020, 4:09 pm
Government has said it is working on resolving issues of social distancing before hair salon owners will be able to resume services under lockdown Level 3.
Posted: June 3, 2020, 10:41 am
We must learn to manage the SA economy, within the context of the Covid-19 challenge, says Reserve Bank Governor Lesetja Kganyago.
Posted: June 3, 2020, 8:29 am
Individuals can choose to access more income from their living annuity, in the event that they need more cash flow as they face the financial impact of Covid-19.
Posted: June 3, 2020, 7:47 am
The South African Reserve Bank has ruled out helping the government fund its runaway budget deficit by paying for its spending through loans, as the ruling party debates using the institution to fund infrastructure and development.
Posted: June 3, 2020, 7:46 am
GovChat shareholder, Capital Appreciation, regrets that its directors' past association with Net1 has cast a cloud over its relationship with SASSA, which it says is harmless.
Posted: June 2, 2020, 7:05 pm
The bank has rushed out new programs to deploy $160bn in funding to 100 countries, but says the crisis will force developing nations to rethink the structure of their economies.
Posted: June 2, 2020, 4:26 pm
From Wednesday, fuel prices will increase across the board as global fuel prices recover.
Posted: June 2, 2020, 6:05 am
Babelegi Workwear and Industrial Supplies CC was found by the tribunal to have increased its prices for facial masks from R41 per box to the high of R500 per box.
Posted: June 1, 2020, 8:28 pm
President Cyril Ramaphosa has said the Covid-19 pandemic has presented an opportunity to "reset, reposition and repurpose" state-owned enterprises.
Posted: June 1, 2020, 4:44 pm
Treasury had initially indicated that between three million and seven million job losses are expected, which would have seen unemployment levels balloon to nearly 50%.
Posted: June 1, 2020, 12:05 pm
Even though the National Treasury is guaranteeing 94% of the Covid-19 business loans scheme, banks are asking business owners to provide 100% security in some instances.
Posted: June 1, 2020, 10:11 am
ANC head of economic transformation Enoch Godongwana has proposed amendments to the pension funds act, to finance infrastructure projects.
Posted: May 31, 2020, 4:00 pm
SA's economy is unlikely to go back to "normal" in the next two to three years, and the meaning of "normal" is also up for debate, says Reserve Bank governor Lesetja Kganyago.
Posted: May 30, 2020, 5:00 am
More than half of the country's refinery capacity had been shut due to lockdown and unplanned outages.
Posted: May 29, 2020, 7:01 pm

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