Public Enterprises Minister Pravin Gordhan says South African Airways (SAA), like many other airlines globally will be hard hit by the COVID-19 outbreak.
The World Bank on Tuesday said it had increased to $14 billion the amount of fast-track financing available to members to respond to the global coronavirus pandemic, adding $2 billion to an initial package announced on March 3.
The State Capture Commission has heard that the board of the Passenger Rail Agency of South Africa (Prasa) went to great lengths to ensure that the company, Siyagena, linked to businessman Roy Moodley, got a contract worth billions of rands.
Gauteng Co-operative, Governance and Traditional Affairs MEC, Lebogang Maile, says the Vaal-based Emfuleni Local Municipality has agreed to pay Eskom R50 million by the end of business on Tuesday.
Travellers entering the country from Zimbabwe through the Beitbridge border post, outside Musina in Limpopo say they are happy about the screening for coronavirus and other diseases.
Following President Cyril Ramaphosa's announcement on Sunday evening, some citizens have started stocking up on essentials and food items in big bulks.
IMF Managing Director Kristalina Georgieva on Monday said over 20 additional countries have asked about receiving aid from the global lender as the coronavirus pandemic halts economic activity, and she called for strong, coordinated fiscal stimulus to limit the damage.
Wall Street suffered its biggest drop since the coronavirus crisis began, with the S&P 500 closing at the lowest level since December 2018 as investors fear the coronavirus pandemic is proving a tougher opponent than central banks, lawmakers or the White House are capable of battling.
Airports Company South Africa (ACSA) says it has intensified its coordinated response to help mitigate the spread of the coronavirus at all its airports.
Finance Minister Tito Mboweni says funds will be set aside to curb the impact of the coronavirus outbreak in South Africa.
Pressure is mounting on the South African Reserve Bank to cut interest rates as the impact of the coronavirus chokes economic activity.
As government tries to find ways to mitigate the economic impact of the coronavirus, it has called for unity between government, business, labour, and civil society.
As the number of confirmed cases of the coronavirus in South Africa continues to rise, store shelves are running empty as scores of people rush to buy supplies in bulk.
Government Ministers, Business and Labour leaders have been holding an emergency meeting in Johannesburg to discuss urgent interventions to mitigate the impact of the coronavirus on the economy and food security in the country.
Passenger Rail Agency of South Africa (Prasa) Legal Risk Executive, Martha Ngoye is continuing to outline the situation at the state-owned enterprise before the Commission of Inquiry into State Capture in Braamfontein, Johannesburg.
Econometrix director and chief economist Dr Azar Jammine says it is difficult to assess what the actual impact of the outbreak of the coronavirus will be on business.
Passenger Rail Agency of South Africa (Prasa) Legal Risk Executive, Martha Ngoye, is on Monday expected to continue outlining the situation at the state-owned enterprise before the Commission of Inquiry into State Capture in Braamfontein, Johannesburg.
South African Federation of Trade Unions’ General Secretary Zwelinzima Vavi says President Cyril Ramaphosa displayed leadership when he was delivering his nation address on coronavirus. He says President Ramaphosa’s intervention was critical to South African citizens. However Vavi says the measures that the President took could have been much better if they were introduced in […]
The National Union of Metalworkers of South Africa (Numsa) says the decision by the cabinet and President Cyril Ramaphosa to implement a travel ban on high risk countries from this week is shocking and reckless.
American Airlines Inc said Saturday it plans to cut 75% of its international flights through May 6 and ground nearly all its widebody fleet, as airlines respond to the global collapse in travel demand due to the coronavirus pandemic.
Stage 1 load shedding will resume at seven on Sunday morning.
Agri Western Cape says load shedding is financially crippling the agriculture sector.
Mine workers at the Lanxess Chrome Mine in Rustenburg, in the North West, are calling for intervention of Mineral Resources Minister Gwede Mantashe in their dispute with management.
Mining houses operating in the eMalahleni area in Mpumalanga have been accused of not employing locals as stipulated in their licenses.
Eskom says due to an improvement in generating capacity, load shedding will be downgraded to Stage 1 for the remainder of the day until 11 pm on Saturday evening.
The Automobile Association (AA) says according to mid-month fuel data, the price of petrol is expected to decline by over a rand in April.
South African Airways (SAA) has offered it's customers one free change on reservations for selected international flights, as a result of the coronavirus outbreak in the country.
The Commission of Inquiry into State Capture in Johannesburg has heard evidence of how former minister Jeff Radebe allegedly helped propel former Prasa CEO Lucky Montana to the top of the organisation.
The Standing Committee on Public Accounts in Limpopo has heard that government-owned entity Gateway Airport Authority Limited (GAAL) was facing a threat of having its license taken away due to financial mismanagement and noncompliance.
Tourism Minister, Mmamoloko Kubayi-Ngubane has expressed concern over job losses in the sector due to fears of further spread of the coronavirus.