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South Africa’s ruling party is strapped for cash heading into municipal elections in October as new funding disclosure rules serve as a deterrent to donors. Source: BusinessTech

The demand for skilled artisans such as carpenters, toolmakers, fitters, joiners or mechanics grown in South Africa, despite the impact of the Covid-19 pandemic, says Arjun Khoosal, co-founder of Kandua an online marketplace for home services. Source: BusinessTech

The Pensions Funds Amendment Bill currently being considered in parliament could cause significant damage to the retirement industry, says Glenn Gamsy, chief executive of GIB Financial Services, a financial advisory consultancy and retirement fund administrator. Source: BusinessTech

Small business development minister Khumbudzo Ntshavheni says the department is in talks with the Department of Trade, Industry and Competition to designate more products under the 100% local content category to support SMMEs in the local manufacturing sector. Source: BusinessTech

The R11.6 billion project is being developed by ACWA Power of Saudi Arabia, and forms part of the South African Renewable Energy Independent Power Producers’ Procurement Program (REIPPPP). Source: BusinessTech

The South African Revenue Service will increasingly focus on the taxi industry in the financial coming year as part of its compliance drive, says Finance minister Tito Mboweni. Source: BusinessTech

While South Africa is unlikely to escape a third wave of Covid-19 infections, the severity in terms of confirmed cases, hospital admissions and deaths will depend on its timing, according to research released by the Covid-19 working group of the Actuarial Society of South Africa (ASSA). Source: BusinessTech

The Department of Basic Education says that it currently working on the introduction of the General Education Certificate (GEC) for Grade 9 pupils. Source: BusinessTech

Senior employees at a unit of South Africa’s Public Investment Corp have accused executives at the continent’s biggest fund manager of causing an “existential crisis” after a series of scandals over the past few years. Source: BusinessTech

Health experts have warned that South Africa will need to move to a higher lockdown level and introduce stricter rules around gatherings to avoid the impact of new Covid-19 variants and a severe third wave. Source: BusinessTech