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Joburg could be placed under administration after missed budget deadline
SA’s richest city, biggest municipality and economic hub is now unable to spend any money in terms of the MFMA
Cipla to bring Covid-19 treatment remdesivir to SA
Cipla plans to sell the drug at $55 a shot, or $330 (R5,600) for a five-day course, according to Cipla SA CEO Paul ...
Western Cape braces for flatter but more deadly Covid-19 curve
The current rate of about 65 deaths per day is expected to rise to 150 in coming weeks
Covid-19 deaths may be twice as high as official toll
Medical Research Council estimates the tally of 'natural' deaths is far higher than in earlier periods
NEWS ANALYSIS: Beware instant armchair opinions on SA’s official ...
Conclusions on social media are often misleading and superficial, public health researchers warn
Insurers face court action over unpaid Covid-19 claims
Claims totalling up to R4bn have been lodged by businesses in the tourism and hospitality sector
Courts give the state a hat-trick of victories over lockdown regulations
Judges dismiss Mmusi Maimane’s constitutional challenge to the decision to reopen the economy
Economists urge MPs to reject Tito Mboweni’s budget
A 100-strong group of experts believes much more spending, not cuts, is needed to address the crisis facing SA
UIF still struggling to fix technical problems in payment of Ters relief
Applications for the relief scheme were closed for a second time in less than a week because of a glitch in the system
Ninety One says Reserve Bank can cut interest rates by another 50bps
The asset manager says the extent of the economic decline and slowdown in inflation will likely surprise the Bank
Trading in cigarettes could lead to criminal record, says minister
While illegal, a record for such a minor infraction could lead to thousands of South Africans having their future job ...
Forum proposes plan to keep struggling medical practices afloat
Patient volumes have plunged since SA’s first case of Covid-19 in March
Restaurants ‘bewildered’ by booze ban, to challenge Patel for reasons
The Restaurant Association of SA wants to know why alcohol cannot be sold to sit-down customers
Reserve Bank will ensure stability through Covid-19 crisis, says Kganyago
Economic outlook depends on how pandemic develops and extent of restrictions on business activity, reports governor
Global Covid-19 deaths near 500,000 as new infections surge
Cases top 10-million, with a total of 1-million new infections recorded in only six days
Covid-19 infections rise by more than 7,000 in one day
The total number of Covid-19 deaths stood at 2,413 on Saturday, with 131,800 confirmed cases
UIF’s Covid-19 relief fund has paid out R24bn to date
The payments have benefited millions of laid off employees so far, with payments for May still being processed
Taxi operators want to pay instalments in a ‘staggered’ manner due to ...
On Monday, about 45,000 taxi operators, who are members of the SA National Taxi Council, held a one-day strike
Battle with debt at heart of Mboweni’s special budget
Finance minister Tito Mboweni says SA needs to reclaim its ‘fiscal credibility’
Start planning for vaccine development and distribution, says Cyril ...
The president wants the continent to work together amid the Covid-19 pandemic with SA spearheading the first vaccine ...
SA’s Covid-19 deaths rise by 111 in biggest single-day increase
SA now has 2,102 confirmed coronavirus deaths and 106,108 cases
SA’s Shabir Madhi to lead first Covid-19 vaccine trial in Africa
The more involved SA is in vaccine development, the closer it will be to the ‘front of queue’ when a vaccine is ...
Aspen could produce 10-million dexamethasone tablets within a month, CEO ...
Results from a trial showed that dexamethasone reduced death rates by about a third
Doctors bear brunt of Covid-19 trauma, as mental health worsens
Adrenaline is carrying many healthcare workers through the pandemic and helps them cope with the exhaustion and tragedy ...
AfCFTA will push on even if virus second-wave hits, says Wamkele Mene
AfCFTA secretariat will develop necessary public-health protocols to implement the deal and revive economic growth in ...
Growthpoint expects listed property’s value to shrink by chunky R120bn in ...
SA's largest property company says the recovery from Covid-19 will be long and painful
Agriculture sector employment to remain firm despite Covid-19
SA expects its second-largest grains harvest in the 2019/2020 season and a record citrus harvest
Florida Covid-19 cases surge as Trump hails economic recovery
The US state reports 169,106 cumulative Covid-19 cases and 3,617 deaths
It’s not only Covid-19 that is killing people in India’s Ahmedabad
India has the world’s fourth-biggest outbreak of the Covid-19 disease caused by the virus, with over 600,000 confirmed ...
Japan’s logistics sector moves to go human-free amid Covid concerns
Demand for automated systems is rising, and the government is pushing for the use of drones in sparsely populated areas
New Burundi president does a U-turn on the pandemic
Évariste Ndayishimiye calls the coronavirus the ‘biggest enemy’ after World Bank gives the country $5m to fight Covid-19
Global tourism faces at least $1.2-trillion hit from pandemic, says UN
Moderate scenario predicts developing countries are among those set to suffer the steepest losses in GDP terms
Sweden to probe controversial response to Covid-19 pandemic
Sweden’s strategy has resulted in a much higher death rate than in neighbouring countries, according to Johns Hopkins ...
China to monitor G4 swine flu strain found in pigs
Despite being able to infect humans, China has downplayed its potential to create a pandemic
Fauci warns US without changes virus cases could top 100,000 a day
The US health director's comments come as Arizona and Florida clamp down on bars and Texas expands hospital ICU ...
Airbus to cut 15,000 jobs as airline battles coronavirus fallout
The airline says travel is not expected to return to pre-crisis levels before 2023 at the earliest
Zimbabwean security forces ‘behind closure of stock exchange’
Government denies being sidelined by the securocrats over the halting of most mobile money transactions
This is Boris Johnson’s vision for rescuing the UK economy
Johnson announced the acceleration of investment in roads, schools and hospitals with a major overhaul of planning ...
Qatar confirms first virus death among Fifa World Cup workforce
A source close to the tournament organisers said 121 infections are still active of the 1,102 cases of Covid-19 reported
New swine flu with pandemic potential discovered in China
Scientists say the virus has hallmarks of being highly adapted to infect humans
Zimbabwe Stock Exchange suspends trading on Monday
Zimbabwe’s government ordered that the bourse and mobile money transfer agents temporarily halt business to allow for ...
Why it’s crucial to shield the elderly from coronavirus infection in Africa
The centralised distribution of social grants in SA exacerbates the threats to the elderly in rural areas
ECB says economy has a long, slow climb towards recovery
Christine Lagarde says the recovery from the pandemic will be ‘restrained’ and some sectors will likely be ‘hurt ...
The toll on the French bistro, an intangible cultural heritage
For the French, the corner bistro is part of life, one that has taken a terrible toll during the pandemic, but that ...
UK beaches swamped as heatwave and Brits ignore Covid-19 rules
Southern England saw traffic grid-locked and booze-fueled brawls on its beaches with local authorities overwhelmed
Pandemic weighs on Poland president’s re-election bid
But Andrzej Duda maintain healthy lead as he seeks a second term in elections on Sunday
IMF warns market’s gamble on recovery a potential threat
IMF's Global Financial Stability Report says markets are betting strong support from central banks and governments will ...
Swedish scientist now allows masks might be of benefit for Covid-19
Anders Tegnell has said ‘the world had gone mad’ as severe lockdowns are of little effect in addressing the longer-term ...
Brazil’s central bank slashes 2020 economic forecast
Bank says its dramatic downward revision due to severity of Covid-19 pandemic in Brazil
Europe limps towards cliff edge amid tough Covid recovery
Emergency programmes are set to expire, creating the risk of a second-wave hit to the economy
Stiglitz and Roubini gloomy over recovery, especially in the US
The two renowned economists say globalisation has taken a hit and that Europe is likely to recovery quicker, and ...
GENEVIEVE QUINTAL: Ters payments are a mammoth task, but lives are at stake
The government and employers need to play their part to ensure vulnerable workers get relief despite the technical ...
ANTHONY BUTLER: If the cuts start, praise will stop, and blame begin
The finance minister’s chances of implementing reform are small, as shrinking the public sector will hit resistance
ANN BERNSTEIN: Despite stellar efforts against Covid-19, business has ...
More thought needs to go into the nature of the political economy, and making less self-serving proposals on policy
Zombie companies proliferate under cover of pandemic
Over-indebted firms threaten other companies after accepting state bailouts and payment holidays from banks
Why is the Covid-19 mortality rate so high in the Western Cape?
Altitude plays a role, as do UV radiation levels and the weather, write Daniel Uys and Schalk van der Merwe
EDITORIAL: That the economy could have been worse off is no consolation
The Covid-19 crisis means our leadership cannot continue with its wait-and-see approach
PETER BRUCE: Under deluge, the poor Eastern Cape is, frankly, broken
The province should have been reorganised by the ANC, which instead reinstated homeland arrangements
Banking to become bespoke as Covid-19 creates new demands
After the pandemic, banks will have to ensure customers are getting real value for their money if they want to keep ...
GARETH VAN ONSELEN: This is why the ANC always wins
No-one in the ANC is ever responsible for anything because there is no coherent idea of a party to measure them ...
THE GUARDIAN: A sip of Boris Johnson’s cocktail of conservatism, Brexit ...
The concoction is a Scheidelian shock that could take society in a completely different direction to the one towards ...
Evil triumphs when the middle ground is no longer worth retweeting
The entire social media has become a war zone, where divides are rampant but the rational middle ground is silent
How masks are a big part of the pandemic psychometric test
The decision by many people in the US not to wear them stems from a vacuum of trust and moral authority
CLAIRE BISSEKER: SA’s fiscal crisis: feel it, it is here
Tito Mboweni’s aggressive fiscal adjustment proposition appears neither politically nor economically feasible
WOLFGANG MÜNCHAU: A rapid rebound would challenge EU contradictions
While welcome, swift economic recovery would pose awkward questions for monetary and fiscal policy
JONATHAN COOK: Businesses will get nowhere fast without adapting to the ...
Surviving the pandemic requires speed and efficiency in meeting the needs of customers
THE LEX COLUMN: Middle classes: mushrooming no longer
Years of progress reversed as the coronavirus pandemic tips more people into poverty
State is on right track involving private sector in infrastructure plans
Private sector funding for myriad projects can help SA out of its low-growth trap, writes Jason Lightfoot
LEILA FOURIE: Covid-19 offers chance to build back better than before
Our next threat is climate change and inexorably rising temperatures, but in trying to flatten the infection curve we ...
The importance of clarity in a time of uncertainty
Entrepreneurs should face the reality of the pandemic and plan for possible outcomes
JONNY STEINBERG: An inkling of the Great Catastrophe made us acquiescent
Who would have thought South Africans, hardly a credulous bunch, would tolerate police wielding batons over our heads?
MASHUDU RAMANO: Pandemic highlights the need for a new concept of the ...
A conversation should be started on the idea of the economy and why SA’s economy is unable to provide adequate goods ...
Detailed risk prediction is needed to combat Covid-19
Actions around specifically identified groups at risk of contracting the disease need to be made if SA is to reopen ...
BRIAN KANTOR: State must ensure capital markets can help SA weather the ...
The economy has not benefited from fiscal and monetary relief on anything like the scale offered elsewhere
More needs to be done to tackle digital inequality
The pandemic has highlighted continued unequal access to digital services despite the government’s initiatives
NEVA MAKGETLA: U-turn on lockdown will not free up the poor
The government cannot just abdicate all responsibility for stopping the spread of Covid-19
CHRIS GILMOUR: Mr Price or TFG? Both stocks weather the Covid-19 storm
With Edcon teetering on the brink of collapse, the race in the retail track is now down to the two forward-looking ...
A case for price gouging policy versus price control
Prosecuting price gouging using competition policy comes with constraints
A second wave doesn’t seem to bother the markets that much
The economic scenarios for a second wave, or its absence, hardly differ, so what changed since last week, writes Mike ...
TIM HARFORD: What countries can — and can’t — learn from each other
The lack of global co-ordination on the response to Covid-19 has cost lives
LUKANYO MNYANDA: What shouldn’t be done as SA stares a debt crisis in the ...
Throwing away money, as on SAA or nuclear power, is a good place to start
No, this time will not be different if SA prints money
Financing the revised budget puts Cyril Ramaphosa and Tito Mboweni in a bind
LESETJA KGANYAGO: Reserve Bank’s aggressive response has helped allay ...
The Bank has implemented important measures, including lowering rates and making liquidity available to banks
Technology could solve SA’s post-Covid public transport challenges
Using apps and telematics to manage supply and demand would reduce overcrowding and ensure hygiene
MARC WACHSBERGER: No price wars in tourism sector, and no buffets either
Safety and hygiene protocols, essential after the lockdown won’t be enough, with responding to clients’ new needs being ...
MARKET WRAP: JSE has best day in a week as US jobs data boosts markets
The rand broke below R17/$ for the time in three weeks
US stocks climb as nearly 5-million jobs added in June
US payrolls rose by 4.8-million in June after an upwardly revised 2.7-million gain in the prior month
Rand breaks below R17/$, lifted by positive economic data
The local currency was on track for its second day of gains reaching an intra-day best of R16.88/$, its highest level ...
UIF and pensions during Covid-19 have been a major concern for employers and employees across the country. Minister of employment and labour Thulas Nxesi has announced a Covid-19 relief fund for employers and their employees. More than 100,000 payments to companies have already been made by the scheme. Here is what you need to know about your UIF claims and company pension funds during this time of uncertainty.
A clinical research centre in Cape Town called TASK has begun a vaccine clinical trial on 500 health workers to determine if the Bacille Calmette-Guerin (BCG) vaccine can prevent people from contracting the coronavirus or limit the severity of Covid-19 symptoms.
The Western Cape saw 35 arrests due to looting from April 17 to April 23 2020. We take a look at some of the looting and ransacking of grocery stores, trucks and churches in Cape Town during the extended Covid-19 lockdown. Subscribe to MultimediaLIVE here: https://www.youtube.com/user/TimesLive Comment Moderation Policy: https://www.timeslive.co.za/comments/
Western Cape provincial health minister Nomafrench Mbombo visited the Cape Town International Convention Centre on June 29 2020 to receive donations made by retail group Shoprite. The MEC gave insight into how the field hospitals around the province were fairing and just how prepared the Western Cape is for any possible spike in hospitalisations.
Capetonians spoke out about the ban on cigarettes announced by minister of co-operative governance & traditional affairs Nkosazana Dlamini-Zuma on April 29 2020. This comes less than a week after president Cyril Ramaphosa announced that cigarettes would be back on shelves across the country when the Covid-19 lockdown level is eased to level 4 on May 1 2020.
Tshwane officials have removed close to 10,000 homeless people in a bid to curb the spread of Covid-19. Homeless people have been placed in shelters throughout the city. They are expected to remain in these shelters until the lockdown ends. Subscribe to MultimediaLIVE here: https://www.youtube.com/user/TimesLive Comment Moderation Policy: https://www.timeslive.co.za/comments/
South Africa's treasury says it will take up a $1bn (about R19bn) loan from the New Development Bank (NDB) - formerly known as the Brics Development Bank - to fight the Covid-19 pandemic.
South Africa's 21-day lockdown initially prohibited any movement between provinces, other than essential services. This presented problems for people wanting to hold or attend burials and funerals across the country. The regulations have since been amended however to allow people a chance to pay their last respects. Here is what you need to know about regulations concerning movement to attend funerals.
The Covid-19 coronavirus, targets human cells with ACE2 receptors, which are found in the respiratory system. The immune response can trigger potentially deadly inflammations and the virus can spread from the lungs to other organs. Here’s a visual representation of how Covid-19 infects and damages the human body.
With many small businesses taking a financial hit during SA's 21-day lockdown, personal trainer Abdullah Bayett, who runs SKR Martial Arts & Fitness Academy in Lenasia, Johannesburg, is trying to see the lockdown as a new challenge. He has been recording a combination of fitness routines and sharing the videos with his members via WhatApp to ensure they stay fit during the lockdown.