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Thursday | 13 August | 2020 Only a few helped by scheme intended to assist plenty

BL Premium reports that more than three months after government launched a R200 billion scheme to help businesses hit by lockdown so that they could continue to pay rent and salaries, only R13,26 billion, or 6,6%, has been paid out. When President Cyril Ramaphosa announced the relief fund at the  … Read more

Thursday | 13 August | 2020 Eskom pension pays out R104m special Covid-19 relief bonuses

BusinessLive reports that the pension fund of state-owned power utility Eskom has paid out R104,3 million in special bonuses as part of a Covid-19 relief effort. Members of the Eskom Pension and Provident Fund received R3 500 to R5 425, depending on household income, at the beginning of August.  Lower-income  … Read more

Thursday | 06 August | 2020 Lockdown hits the pockets of GPs and dentists hard

The Star reports that hundreds of medical practices are on the verge of collapse because of a fall in the number of visits due to the Covid-19 pandemic. This was reported last week by Coenie Smith, Nedbank national manager for Medical Professionals. While the number of Covid-19 cases in SA  … Read more

Thursday | 30 July | 2020 Tourism bleeds as result of irrational lockdown restrictions

City Press reports that major roleplayers in the country’s hospitality industry have joined hands to plead with government to reopen the economy as thousands of jobs are at risk and businesses are closing down. Already, about 400 000 jobs have been lost in the tourism industry since the national lockdown  … Read more

Thursday | 30 July | 2020 IMF approves $4,3 billion loan for South Africa

The International Monetary Fund (IMF) Executive Board has approved a US$4,3-billion loan for South Africa to help the country weather the Covid-19 health crisis on the economy, National Treasury said late on Monday. “The IMF Executive Board has approved South Africa’s request for emergency financial support under the Rapid Financing  … Read more

Thursday | 23 July | 2020 False claims and ‘double-dipping’ slow UIF’s TERS payouts

TimesLIVE reports that more than 4 000 Covid-19 related Unemployment Insurance Fund (UIF) claims have been made on behalf of people who had died, about 90 000 were made with invalid ID numbers and close to 200 000 were made with ID numbers which could not be found on any  … Read more

Thursday | 09 July | 2020 UJ engineers develop 3D-printed ventilator

According to Engineering News, an engineering team from the University of Johannesburg (UJ) has designed and developed a portable 3D-printed mechanical ventilator that has a customisable base plate to treat multiple patients. The ventilator, named Aura Imprimere, which means “a breeze of air provided by printing”, also allows off-grid operations  … Read more

Thursday | 02 July | 2020 Judgement reserved in appeal against SAA retrenchment

BusinessLive reports that the Labour Appeal Court (LAC) has reserved judgment after hearing arguments on behalf of the business rescue practitioners (BRPs) for SA Airways (SAA) and the airline’s unions on whether employees could be retrenched before finalisation of a rescue plan. In April, after being informed by Public Enterprises  … Read more

Thursday | 25 June | 2020 Return of foreign mineworkers will be delayed

Reuters reports that the Minerals Council South Africa (MCSA), previously called the Chamber of Mines, has flagged that the process of facilitating the return of foreign mine workers as lockdown restrictions ease, will take longer than expected due to delays at the Mozambique and Lesotho border posts. Senior executive, Nikisi  … Read more

Thursday | 11 June | 2020 Survey: 86% of those who work in an office want to return

The Star writes that a surprising number of people want to get back to the office, even though office workers have largely been working from home and using online communication throughout the Covid-19 lockdown. This was revealed in a nationwide survey conducted by workplace consultancy Giant Leap, which canvassed several  … Read more

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