READ | A letter from 76 economists says govt can do more to limit the economic harm of Covid-19

2020-03-30 13:31

Economists outline measures they say are urgently required to support and stabilise the economy.

Govt sets aside R500m to import medical essentials for coronavirus

2020-03-24 15:45

A special package of R500 million has been set aside for trade finance, to import essential medical products to fight Covid-19, Minister of Trade and Industry Ebrahim Patel has said.

11 firms being investigated for price gouging in coronavirus crisis

2020-03-24 12:47

Firms found to be abusing the coronavirus crisis by charging consumers excessive prices for products could face penalties of R1 million or up to 10% of their turnover.

Business bodies pledge support for Ramaphosa as global coronavirus cases surge

2020-03-22 19:35

Governments around the world are scrambling to pass economic rescue packages as the impact of the virus severely constrains economic activity.

Murray & Roberts: None of our contracts have been cancelled yet because of Covid-19

2020-03-20 15:18

Contractor Murray & Roberts says it is too early to say what impact Covid-19 will have on its current financial year's performance.

Steep rate cut a welcome surprise - but Reserve Bank may still need to cut more

2020-03-19 19:59

The last time the interest rate was cut by a full percentage point in one meeting was in 2009, during the global recession.

Your questions answered: Yes, Eskom has a coronavirus plan

2020-03-18 21:52

While businesses, learning institutions and event organisers brace for Covid-19, power utility Eskom says it also has an action plan.

Coronavirus, oil crash could spur on two more rate cuts in 2020

2020-03-17 15:43

A rates cut might provide the stimulus needed to bolster the SA economy, but other reforms are still necessary, says an economist.

Port closures won't impact goods movement - so stop panic buying

2020-03-17 06:02

The 35 land port closures and two seaport closures are strictly to prohibit the movement of people, the movement of cargo will not be affected, Trade and Industry Minister Ebrahim Patel said.

South African business confidence sinks to 21-year low

2020-03-11 16:49

South African business sentiment plunged to the lowest level in more than two decades in the first quarter and could weaken even further as the coronavirus hits the domestic and global economy.

 

South Africa may approach IMF over coronavirus impact

2020-03-29 11:45

SA may approach the IMF for the first time ever to help deal with the fallout from the coronavirus outbreak, the Sunday Times reports, citing Finance Minister Tito Mboweni.

Coronavirus | Treasury mum on upcoming Moody's decision - but says SA is still within budget

2020-03-24 14:38

National Treasury will explore introducing amendments to the appropriations bill to account for the reprioritisation of funds to fight Covid-19.

Ramaphosa announces raft of 'quick, targeted' interventions to buoy SA economy

2020-03-23 21:13

This comes as countries around the world scramble to pass economic rescue packages as the impact of the virus severely constrains economic activity.

South Africa's silence on the economy contrasts with major steps to contain the virus

2020-03-22 09:19

Treasury says it is putting together an economic response package but has not yet released the plan.

Curb coronavirus spread, but economic bedlam awaits regardless, BLSA boss warns

2020-03-19 21:44

The CEO of Business Leadership SA warns that, even if the country successfully curbs the spread of the coronavirus, its economic impact is bound to be dire.

JUST IN: Steep cut in interest rates announced

2020-03-19 15:12

The Reserve Bank is under pressure to help arrest the economy’s downward spiral.

The only question on SA rate cut is 'how much?'

2020-03-18 15:52

The debate around South African interest rates has now moved from whether the Reserve Bank will cut on Thursday to by how much.

SA economy could shrink by 6% in the next few months, economist warns

2020-03-17 15:21

The South African economy will feel the impact of the coronavirus significantly because it was already dealing with its own internal crisis, including a "celling" on the rate at which it can grow because of electricity supply interruptions, Efficient Group chief economist Dawie Roodt said on Tuesday.

South African market suffers worst crash since 1997

2020-03-12 17:35

US President Donald Trump’s travel ban and tepid fiscal measures sparked the latest leg down in risk assets.

Economic week ahead: Not much to be optimistic about

2020-03-09 08:21

South Africa enters a new week battered on the economic front. The rand has weakened significantly since the country confirmed its first coronavirus diagnosis and two other subsequent cases over the weekend, reaching a low of R15.67 on Sunday.

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