Business
Lockdown restrictions likely to mute economic growth in Q1 - Kganyago
South African Reserve Bank Governor Lesetja Kganyago said that it would take time for the country to get back to pre-pandemic output levels.
Over the past four days, technicians have been working to try and fully restore electricity to the area after criminals caused major infrastructure damage.
Finance Minister Tito Mboweni said a dispute with the Office of the Auditor-General is one of the reasons for the delays.
This come after the bank's Monetary Policy Committee cut the repo rate by 275 basis points last year to try and counter the effects of negative growth due to COVID-19.
While admitting that health and safety compliance is generally poor even under normal circumstances, emphasis is being placed on business and government’s cooperation.
The accord signed with the APIG alliance of French dailies involves "neighbouring rights," which call for payment for showing news content with internet searches, a joint statement said.
Wine exports hit almost 320 million litres - despite a five-week ban on exports and huge challenges at the Cape Town Port terminal due to COVID-19.
David Maynier said the tourism and hospitality industry were already hard-hit, and jobs were being lost as a result of the continued closure of the beaches, the curfew and the alcohol ban.
The South African Chamber of Commerce said the failed R200 billion and COVID-19 loan guarantee scheme should be repackaged to finance the vaccine rollout.
The United Arab Emirates carriers have partnered with the International Air Transport Association (IATA) to be among "the first airlines" worldwide to trial the IATA Travel Pass, both airlines said in separate statements.
President Ramaphosa said that his government wanted to support black businesses but he added that with government taking on the role of leading, not only negotiations, but the purchasing of vaccines, it was likely that most would not benefit from the procurement processes.
Government has already come under fire for not engaging early enough with vaccine suppliers or planning the roll-out of its vaccination campaign properly.
The Section 59 panel has released a scathing report on how black, coloured and Indian practitioners were racially singled out as likely to commit fraud.
National Treasury has suggested that higher taxes could be one way of financing the vaccines, which are critical for saving lives.
He has chaired an inquiry into discrimination against Black, Coloured and Indian health professionals by medical aid schemes, which has released a scathing report on Tuesday.
An interim report released has found that Discovery, Medscheme and GEMS have been unfairly classifying black health professionals as likely to commit fraud.
“We sent them our grievances and they did call for an immediate meeting with drivers in Gauteng, which last two weeks and they said they were going to work on the concerns in the next couple of weeks. That was about three weeks ago.”
Finance Minister Tito Mboweni will be delivering his budget speech next month and there are concerns that taxes might be raised at a time when citizens are already on a financial cliff.
Health Minister Zweli Mkhize said that the ban had assisted in opening up facilities to caring for COVID-19 patients and it was not yet time to resume the alcohol trade.