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What you need to know

Agriculture sector a bright spot in Covid-19 gloom

But the government’s decision on drought indicates ‘little empathy’, says Agri Western Cape

By Bekezela Phakathi

Cipla’s generic Covid-19 drug lands in SA but the state isn’t buying it

Remdesivir would sell for almost R6,000 for a five-day course, markedly less than overseas

By TAMAR KAHN

Cosatu threatens to pull support from ‘feeble’ Ramaphosa administration

President’s ally calls his government dysfunctional as public anger grows over corruption in Covid-19 fight

By Claudi Mailovich and Luyolo Mkentane

Mkhwebane says Covid-19 related complaints have climbed

The public protector’s office says it is inundated with complaints relating to the pandemic and SA’s response to it

By Claudi Mailovich

Scientists say it’s time to rethink the booze ban

Glenda Gray says the current ban has achieved its objective and government should start planning to lift it

By Bekezela Phakathi

Strict Covid-19 regulations dry up SA wine tourism

Lockdowns cost the industry more than R2.5bn from March-July

By Bekezela Phakathi

Profiting from disaster is how ‘scavengers’ operate, Cyril Ramaphosa says

Reports of tender scandals have seen his spokesperson, Khusela Diko, and Gauteng health MEC Bandile Masuku take a leave ...

By Claudi Mailovich

EXCLUSIVE: Hard work pulls Cape Town’s virus-hit port back on track

Close collaboration between port and terminal authorities, shipping lines, exporters and importers brings dramatic ...

By Allan Seccombe

Ramaphosa calls for caution as Covid cases breach 500,000

President says stabilisation of the daily increase in infections shows prevention measures are having an effect

By Prinesha Naidoo

Eased restrictions bring slight relief for tourism and hospitality sector

New concession likely to be insufficient to stem  crisis in a sector facing the loss of more than 400,000 jobs and ...

By LUYOLO MKENTANE

Anglo wants mining industry talks with Cyril Ramaphosa

CEO Mark Cutifani calls for a meeting with the president and ministers to clear obstacles to investment and create ...

By Allan Seccombe

‘Shameful’ PPE tender scandal threatens to sidetrack virus battle, Makhura ...

The visibly angry Gauteng premier says the PPE scandal has the potential to sidetrack efforts to  save lives and ...

By Claudi Mailovich

High court dismisses DA’s application to appeal criteria ruling in ...

Judges say the party was asking the court to approach the country in a ‘colour-blind fashion’

By Karyn Maughan

Latest alcohol ban is a ‘bloodbath’ for workers in the wine industry

Winefarm workers are losing their jobs and livelihoods due to the ban, as illicit sales are thriving

By Bekezela Phakathi

Western Cape Covid-19 cases peak with room to spare

Indicators point to a decisive drop in number of new Covid infections, particularly in Cape Town

Carol Paton
Editor at Large

Excess deaths soar to more than four times official Covid-19 toll, MRC ...

Inclusion of excess deaths estimated by Medical Research Council pushes SA's all-cause pandemic mortality rate to over ...

By Dave Chambers

Cyril Ramaphosa closing schools has no legal effect, DA tells court

No order was gazetted so the president’s announcement on public schools is a ‘nullity’, says the opposition party

By Genevieve Quintal

Guardrisk to settle with 700 clients in Covid-19 payout wrangle

Settlement will be equal to the first three months of lockdown, but Insurance Claims Africa says six months would have ...

By Emma Rumney and Odwa Mjo

Old Mutual Insure to pay about R650m for business-interruption policy ...

Group joins several other short-term insurers that have agreed to make payments

By Linda Ensor

AROUND THE WORLD

Australia’s Melbourne to shut much of retail and manufacturing for six ...

Security failures at quarantine hotels for returning travellers and poor communication of critical data to migrant ...

By Chelsea Mes and Jason Scott

WTO’s new head will face wreckage of Trump’s ‘America First’ onslaught

Eight candidates to be sifted through ‘confessionals’ from members

By Emma Farge and Philip Blenkinsop

BoE officials united over Covid response despite split over UK prospects

Disagreement about speed of recovery is unlikely to prompt much debate over monetary-policy response

By David Goodman and Lucy Meakin

Rich nations steal a march in securing coronavirus vaccines

A string of agreements have seen wealthy countries lock up more than a billion doses of vaccines

By James Paton

Philippines tightens Manila lockdown as Covid cases surge

President Rodrigo Duterte agrees to tighten restrictions as spike in infections overwhelms the Southeast Asian ...

By Andreo Calonzo

Covid-19 outbreak on Arctic cruise ships infects at least 40

Operator Hurtigruten was the first to resume cruises following a three-month halt due to the global coronavirus pandemic

By Terje Solsvik

US Q2 annualised economy shrinks 33%, the steepest drop since 1947

The figures lay bare the extent of the economic ravage from shutdowns and failure to contain the virus, indicating the ...

By Reade Pickert

Black Republican presidential candidate Herman Cain dies

Black Republican presidential candidate and Trump supporter who made millions in the pizza business dies after ...

By Ros Krasny

Mexico’s economy plunges 18.9% in Q2 amid untamed Covid outbreak

Mexico warned it could take seven years to get back to GDP levels seen before the pandemic, after government fails to ...

By Michael O'Boyle

Number of Mecca pilgrims reduced from millions to a few thousand

Saudis and foreign residents gather under strict conditions, with the Grand Mosque cleaned with 54,000 litres of ...

By Marwa Rashad

French ports hammered by double whammy of strikes and Covid-19

Marseille and Le Havre are faring worse than other harbours in the region

By Rudy Ruitenberg

German economy shrinks by 10.1% but ‘recovery is underway’

Despite the contraction for the second quarter being worse than expected, employment remains stable and a third-quarter ...

By Agency Staff

Australia an instructive snapshot of winter virus surge

A recent climb in Covid-19 infections shows Europe and the US what could lie ahead

By Sybilla Gross and Jason Gale

Fed warns coronavirus poses considerable risk to US recovery

Vote to leave the federal fund's target rate in a range of 0% to 0.25% was unanimous

By Agency Staff

UK uses robots and AI for social care, fast-tracked by Covid-19

Scientists are testing robots to do tasks normally done by care workers among vulnerable social and medical groups ...

By Agency Staff

UK signs deal for 60-million Sanofi/GSK vaccine doses

This is the fourth such deal amid worries that rich countries, such as the US and UK, are securing vaccine doses at the ...

By Alistair Smout and Matthias Blamont

Moroccan farmers lose out on Eid sales amid new travel restrictions

Rural farmers have seen fewer coronavirus cases, but have had to drastically cut prices ahead of Eid al-Adha due to ...

By Agency Staff

The WHO warns that the coronavirus is not seasonal

People have it fixed in their minds that, like other viruses, this one changes as the weather does, which is simply not ...

By Agency Staff

Men faring better than women in Covid-induced recession

Industries that employ more men, such as construction and manufacturing, have been more resilient than in other ...

By Conor Sen

Views and Analysis

JON FOSTER-PEDLEY: How to keep making decisions in the throes of a crisis

Having data at your fingertips and keeping an eye on the long term is crucial

By Jon Foster-Pedley

BUSI MAVUSO: Confidence is in a trough as infections start to peak

There have to be consequences for a lack of ethics in doing business with the government

By Busi Mavuso

Siemens health deal is a leap of faith

Covid-19 has complicated medical priorities, with spending on cancer treatment technology falling

By Chris Hughes and Brooke Sutherland
Opinion Editor's Choice

LUKANYO MNYANDA: From hardly any debt to financial aid

No country has ever run to the IMF for help because it has been handling its finances well

Lukanyo Mnyanda
Editor: Business Day

Pooled procurement of medical supplies is the booster shot Africa needs

Medical supplies platform could be the turning point to fix shortages and ensure price competitiveness

By Bada Pharasi
Opinion Editor's Choice

AYABONGA CAWE: Rationale behind the IMF loan has been glossed over

SA will get itself accustomed to the medicine before the doctor needs to administer it

Ayabonga Cawe
Columnist

Ardern-type leaders show virtues of ditching textbook amid pandemic

Conventional wisdom that crises require decisive, confident, authoritarian leaders no longer applies

By Jenny M Hoobler
Opinion Editor's Choice

TONY LEON: SA’s IMF loan carries echoes of Britain in 1976

The government has to make painful choices — now it may be able to do so under cover of the loan

Tony Leon
Columnist
Opinion Editor's Choice

GENEVIEVE QUINTAL: Corruption fight is bogged down in red tape and ...

It has taken the NPA a year to get hold of records and documents from the state capture commission

By Genevieve Quintal

ANTHONY BUTLER: Predictions not rosy about SA in a post-Covid world

Economic crisis will weaken Cyril Ramaphosa’s position ahead of ANC 2022 elective conference

A model of financing for trying times

Asset-based financing is a form of lending that could benefit small businesses that are struggling to raise money

By Richard Roothman

PETER BRUCE: Ramaphosa should have put his name on SA’s IMF letter

The president needs to demonstrate that he will do everything necessary to halt a slide into debt

Peter Bruce
Columnist
Opinion Editor's Choice

BOB VAN DIJK: Data is hard cash in an increasingly digital world

Covid-19 has brought into sharp focus the powerful relationship between human endeavour and technology

MARK BARNES: State and business had best overlap to spare us from more ...

If those with money don’t invest enough to sustain and grow a middle class, it’s curtains for everyone

Mark Barnes
Columnist

TSHEPO MAHLOELE: Private-public infrastructure deals must get it right ...

Projects must not pass the risk of cost overruns on to end users

By Tshepo Mahloele

Why holding gold counters makes sense during this uncertainty

Bullion excels amid expansionary monetary policy, high inflation and equity market corrections, writes Stephán ...

By STEPHÁN ENGELBRECHT

Corruption could make the IMF loan expensive

Treasury must intensify transparency if it wants to check irregular expenditure

By Lebogang Mulaisi

JOHN DLUDLU: State must act on corruption if it wants to restore public ...

Allegations of theft and corruption have been swirling around Covid-19 relief programmes

John Dludlu
Columnist

Focus should move from injustices to jobs and productivity

Pandemic needs to expose materialism’s shallowness and highlight unemployment and poverty

By Shawn Hagedorn

BUSI MAVUSO: Greed of the wasted decade still finds fertile ground

Hopes that we could avoid corruption in our response to the Covid-19 pandemic were just wishful thinking

By BUSI MAVUSO

JONATHAN COOK: Strong relationships can carry us through any downturn

Loving relationships are vital as entrepreneurs rely on people as colleagues, customers, suppliers and investors

Jonathan Cook
Columnist

HOW THE MARKETS ARE REACTING

Rand weakens in response to global economic recovery concerns

The rand lost more than 1% as August began

By Lindiwe Tsobo

Asia stocks rise as upbeat factory data lift confidence

Biggest intraday gain since July 21 as Australian shares gain 2%

By Stanley White and Chris Prentice

Gold steadies near record high

Concerns over economic fallout from rising Covid-19 cases offset pressure from US dollar

By Brijesh Patel

Oil prices fall as new lockdowns dent fuel demand

Fresh wave of Covid-19 infections threaten to stall demand just as producers step up output

By Sonali Paul and Seng Li Peng

Hundreds of restaurant staff, from owners to kitchen workers, took to the streets of Cape Town as part of a nationwide protest against SA’s Covid-19 curfew and alcohol restrictions. They say these rules are destroying their livelihoods.

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.

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/

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.

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.

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