Employment and labour minister Thuals Nxesi says that his department is locked in discussions to find funding for workers who have been impacted by South Africa’s move to an adjusted level 4 lockdown. Source: BusinessTech
In its February 2021 budget, the National Treasury announced an 8% increase in alcohol and tobacco excise duties. This excise increase appeared to be driven by a desire to grow government revenue, after a year in which the economy – and government coffers – were battered from the Covid-19 crisis, says Virusha Subban, partner and …
Police Minister Bheki Cele has warned that transgressors of adjusted alert level 4 regulations will leave law enforcement with no option but to effect arrests. Source: BusinessTech
Stats SA has published the latest Quarterly Employment Survey (QES) for Q1 2021, showing what workers are getting paid across the various sectors in the country. Source: BusinessTech
The Western Cape has asked the national government to relax some of South Africa’s lockdown restrictions around alcohol to assist the wine industry. Source: BusinessTech
This season is sponsored by Discovery Business Insurance and will feature discussions with South African finance, business, and investment leaders. Source: BusinessTech
A growing number of South Africans are using credit to purchases basic necessities such as groceries, says Debt Rescue chief executive Neil Roets. Source: BusinessTech
South Africa’s Constitutional Court has found former president Jacob Zuma guilty of being in contempt of court. Source: BusinessTech
FNB in partnership with the Department of Home Affairs (DHA) has extended its Smart ID and passports collection points to KwaZulu-Natal. Source: BusinessTech
Adjusted lockdown level 4 restrictions announced by president Cyril Ramaphosa on Sunday evening could last much longer than the announced 14-day period, which will keep households and businesses under pressure, with little to no support from the government. Source: BusinessTech
