Second-quarter commercial property data from FNB shows perceived high levels of financial pressure amid the ongoing Covid-19 pandemic, which has ravaged South Africa’s economy. Source: BusinessTech
South Africa’s latest lockdown extension was an inevitability with no sign of a peak in Covid-19 cases seen, said economists from the Bureau for Economic Research (BER). Source: BusinessTech
The Beer Association of South Africa (BASA) says it will submit an urgent Promotion of Access to Information Act (PAIA) application to the National Covid Command Council (NCCC) to obtain the data and evidence on which it based its decision to extend an alcohol ban Source: BusinessTech
President Cyril Ramaphosa says that government will introduce a number of support measures to businesses in South Africa as they continue to be impacted by the country’s adjusted level 4 lockdown. Source: BusinessTech
Cooperative Governance and Traditional Affairs (Cogta) minister Nkosazana Dlamini Zuma has published a government gazette that introduces new restrictions for South Africa’s adjusted level 4 lockdown. Source: BusinessTech
President Cyril Ramaphosa has extended South Africa’s level 4 lockdown for a further 14 days, with restrictions remaining in place until 25 July. Source: BusinessTech
The UK’s Sunday Times has published its Rich List for 2021, recording the country’s 250 wealthiest individuals. Source: BusinessTech
The current protracted political and economic uncertainty in South Africa lures investors to become emotionally driven when making financial decisions, which should not be the case, says Karlin Pather, PPS wealth manager. Source: BusinessTech
South Africa’s Draft National Policy on Data and the Cloud courts controversy, and needs further clarity, say legal experts at law firm Werksmans. Source: BusinessTech
President Cyril Ramaphosa is expected to announce an extension to South Africa’s adjusted level 4 lockdown on Sunday evening (11 July). Source: BusinessTech
