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The EFF’s deputy president Floyd Shivambu has briefed parliament’s Finance Standing Committee on the South African Reserve Bank Amendment bill on Tuesday evening (26 August).

The National Assembly has passed the Disaster Management Tax Relief Bill and the Disaster Management Tax Relief Administration Bill.

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The South African National Roads Agency Limited (Sanral) says it is making ‘steady progress’ in developing the multi-billion-rand N2 Wild Coast Road Project.

The coming days will be crucial in determining whether a new wave of Covid-19 cases is coming, says the chairperson of the Covid-19 Ministerial Advisory Committee, Professor Salim Abdool Karim.

Nedbank on Wednesday (26 August), reported a 69% drop in headline earnings for the six months ended June 2020, to R2.1 billion, impacted by a significant increase in the impairment charge – up 202% to R7.67 billion, driven by expectations of rising job losses and a deteriorating economy.

With the change of season, temperatures are gradually rising and soon South Africans will be able to enjoy the warmer months of spring.

Transport minister Fikile Mbalula says that government plans to introduce new legislation around drinking and driving by December 2020.