SA Economy News

New Development Bank approves R17bn loan to assist SA with Covid-19

The New Development Bank established by the BRICS group has given the nod to a $1-billion (R17-billion) loan for South Africa to reduce the impact of Covid-19.

TBCSA: Lifting travel ban earlier could save up to a million jobs

The Tourism Business Council of SA is pleading with the government to lift restrictions on international travel earlier than planned. Doing so could save jobs.

UIF fulfills its promise as R1 billion has been processed for payment

The UIF has made good progress on its promise to capture and process UIF Covid-19 relief benefits for May. R1 billion is set for payment for 252 378 workers.

"Kill me if you can" dares Mzwandile Masina after Twitter rant

The ruling ANC has reprimanded Ekurhuleni Mayor Mzwandile Masina after a Twitter rant supporting the call of the nationalisation of the economy by Julius Malema

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.