SA Economy News

Opinion - Covid-19: Who should be going back to school first?

A policy brief released by the Department of Economics at Stellenbosch University argues that allowing youngest children to go back first poses lower risk.

63% of Readers feel that lockdown plans resemble those of communism

We asked our readers whether they think the lockdown plans screamed communism and more than half believed they do. We looked at the ideology and some reactions.

Saffas stuck in limbo since lockdown began offered one-way ticket home

The government has worked out a plan to allow South African citizens who were not at home or at work when the lockdown went into effect 7 days to return home.

Tito Mboweni does not support government's alcohol and cigarette ban

Finance Minister Tito Mboweni has broken ranks and publicly stated that he does not agree with the continued ban on alcohol and cigarettes during the lockdown.

Covid-19: IMF predicts global economy could shrink by 3% in 2020

The International Monetary Fund (IMF) has predicted that the global economy could face a sharp decline of around 3% in 2020 mostly due to the Covid-19 outbreak.

Expert: Lockdown extension will be a further blow to ailing economy

When economists and analysts heard the South African government was to institute a nationwide lockdown almost 2 weeks ago experts started seeing doom and gloom.