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Another R30m in tourism relief for tour guides

by sundelbolong | May 31, 2020 | Business & Finance News

An additional R30 million in coronavirus relief has been made available for tour guides, tourism minister Mmamoloko Kubayi-Ngubane said on Saturday. The relief, which will be provided over two to three months, will cover registered tour guides, including freelancers...

Very little relief on the menu for restaurants

by sundelbolong | May 31, 2020 | Business & Finance News

South Africans waited with bated breath on 24 May to find out what the government had decided about the lockdown level we would be living under as of 1 June. And while many business owners would have breathed a collective sigh of relief, there are still a vast number...

Mboweni’s stimulus package dismissed as ‘relief’ measure in Parliament

by sundelbolong | May 26, 2020 | Business & Finance News

With South Africa facing its deepest crisis since the 1930s Great Depression, much faith has been placed on almost R1 trillion in interventions of both National Treasury and the Reserve Bank to stimulate the economy, as we head into the second half of the year. But...

UN asks super-wealthy to ‘step up’ and donate for coronavirus relief

by sundelbolong | May 7, 2020 | Business & Finance News

The United Nations on Thursday issued a new appeal for $4.7 billion (R87 billion) in funding to “protect millions of lives and stem the spread of coronavirus in fragile countries.” “I would like to see some of the wealthiest people in the world who...

Lockdown | Rich and poor alike need payment relief, says Absa

by sundelbolong | May 4, 2020 | Business & Finance News

Absa – the latest of the country’s big retail banks to release information about its payment relief programme – says it is expecting more customers to ask for help. It launched its payment relief programme on 30 March 2020, as many consumers and...
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