The Solidarity Fund has received pledges totalling R2.6-billion up to April 23, with R1.1-billion designated for healthcare-related efforts. The Solidarity Fund is a special purpose vehicle set... 

University of Stellenbosch Business School (USB) says South Africa will not see a sharp and quick economic bounce back that many are hoping for, but will rather see a 12- to 24-month gradual... 

Nonprofit organisation Corruption Watch has welcomed President Cyril Ramaphosa’s R500-billion economic and social support package, however, it is urging government to implement measures to reduce... 

The University of Cape Town (UCT) has set up a Coronavirus Disease 2019 emergency fund to assist in the fight against the virus and its impact on the UCT community. The university has urged... 

Nonprofit international leadership community organisation YPO’s latest international Covid-19 survey has found that 84% of the 3 534 respondents are more negative about the outlook for the months... 

Democratic Alliance interim leader John Steenhuisen has welcomed President’s Cyril Ramaphosa’s announcement of the R500-billion Economic and Social Relief Package and has further applauded the... 

An accelerated global health and economic effort is needed to overcome the Covid-19 pandemic in Africa, African Development Bank (AfDB) president Akinwumi Adesina said in a webinar this week.... 

The JSE has announced that its board of directors and group CEO have pledged to donate at least 30% of their salaries to the national Solidarity Fund for the next three months. This follows after... 

Identity verification specialists iiDENTIFii says it will financially contribute to the Combatting Covid-19 Fund, launched by the Bill and Melinda Gates Foundation, thereby helping to ease the... 

Executive directors and senior managers of pharmaceutical company Adcock Ingram will follow in the footsteps of President Cyril Ramaphosa and his Cabinet and donate a portion of their salaries for... 

The South African government plans to finalise, by April 20, its post-Covid-19 economic recovery plan, as well as a resolution on South African Airways (SAA). The Cabinet on April 15 hosted a... 

The African Development Bank (AfDB) on April 8 announced a Covid-19 response facility worth $10-billion to assist regional member countries in fighting the pandemic. The facility is the latest... 

The Covid-19 pandemic and the current lockdown are already having a devastating impact on South Africa’s economy, with informal and small businesses in townships likely to feel the brunt of the... 

Many employers are waiting for greater clarity regarding unemployment benefits for their staff that have been temporarily laid off during the national lockdown, which is enforced from March 27 to... 

New data from intergovernmental body, the United Nations Conference on Trade and Development’s (Unctad’s) investment policy monitor shows that investment policy responses to the Covid-19 pandemic... 

International banking group Standard Chartered has launched a $50-million global fund to provide assistance to those affected by the Covid-19 pandemic. Half of the funding will immediately be... 

Construction connection technology company Peikko is working to raise awareness among consulting engineers in South Africa of the potential that its bolted column connection technology and... 

The scarcity of public-sector projects is leading to massive retrenchments and the loss of South Africa’s world-class consulting engineers to foreign markets, says law firm LNP Attorneys CE Nikita... 

The African Development Bank (AfDB) on April 1 approved $2-million in emergency assistance for the World Health Organisation (WHO). This will help reinforce the organisation’s capacity to help... 

The International Monetary Fund (IMF) has completed discussions with Senegal, following its request that the IMF disburse $221-million in emergency funding. Senegal requested the funds to help... 

Financial services provider and general insurer, Santam Group, has committed R200-million in Covid-19 relief to help clients and suppliers and to contribute to the government’s Solidarity Fund.... 

While National Treasury cannot yet comment on Moody's rating decision, expected this week, Director General Dondo Mogajane says that for now, Treasury is still acting within its means in addressing... 

Gordon Institute of Business Science economics lecturer Dr Roelof Botha says hawkish monetary policy has curtailed South Africa’s gross domestic product (GDP) growth by R560-billion. He explains... 

The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) has started gathering for its bi-monthly meeting from March 17 to 19. This after the MPC was pressured to meet earlier at... 

With South Africa's economy already feeling the pinch of the Covid-19 pandemic, President Cyril Ramaphosa has announced that government is on the verge of finalising a comprehensive package of... 

The State-owned Development Bank of Southern Africa (DBSA) is spearheading a programme targeting the creation of  a centralised national office to tackle non-revenue water projects for... 

Safety has been prioritised by the Western Cape in its 2020 budget, with R4-billion allocated for this purpose in the medium term. Specifically, R1.1-billion will be used over the medium term to... 

Prestige Bullion, a joint venture between the South African Mint and precious metals smelter Rand Refinery, will produce a new range of platinum coins, suited to retail investors, this year. This... 

African equity capital market (ECM) activity declined sharply in 2019 both in volume, by 29%, and value, by 44%, compared with 2018. Professional services firm PwC on Thursday reported in its... 

Real estate investment trust (Reit) Attacq on Tuesday announced an 11.1% increase to its interim dividend to 45c a share, which positions the group to deliver at the upper end of its full-year... 

With what it believes was the most difficult National Budget since the dawn of democracy in South Africa, business organisation Business Leadership South Africa (BLSA) says Finance Minister Tito... 

Finance Minister Tito Mboweni said on Wednesday that a Congress of South African Trade Unions proposal to transfer some of Eskom's debt to State-asset manager the Public Investment Corporation,... 

South Africa's 2020 budget review highlights the severe deterioration underway in public finances and the long-term policy challenge of stabilising government debt, ratings agency Fitch said.... 

Higher Education, Science and Technology Minister Dr Blade Nzimande has welcomed the allocations made to his departments (Higher Education and Training, and Science and Innovation) in the 2020... 

The Minerals Council South Africa on Wednesday said it believed Finance Minister Tito Mboweni has taken important steps to address South Africa’s economic crisis, building on the direction from...