petrol price down south africa

Petrol Price to Come Down in April for Locked Down South Africans

By SAPeople 23-01-21 00:45

The petrol price in South Africa will come down by between R1.88 and R1.76 a litre inland in South Africa… although as some are saying “The drop in petrol price during the Lockdown is like a bald man winning a hairbrush” ? The Department of Mineral Resources and Energy has announced a R1.88 cent decrease in […]

budget deficit

Treasury Announces Tax Measures to Counter Corona Impact

By SAPeople Contributor 30-03-20 14:48

The Finance Minister Tito Mboweni has announced exceptional tax measures from 1 April to counter the impact of the Coronavirus pandemic, including a tax subsidy to certain employers and the easement of some tax payments. The Ministry of Finance said in a statement that there was a critical need for government interventions to assist with […]

south africa downgraded junk status

South Africa Downgraded to Junk Status by Moody’s

By Ted Botha 28-03-20 10:59

South Africa has been downgraded to subinvestment (Ba1) status by Moody’s, on the same day the country went into a 21-day lockdown. That means the country is now rated junk by the big three ratings agencies, Moody’s, S&P and Fitch. The other two agencies downgraded South Africa in 2017 already. “The South African government faces […]

WATCH Don’t Panic Buy – Shop Thoughtfully South Africa

By Jenni Baxter 25-03-20 14:10

Now more than ever, South Africans (and people around the globe) need to look after each other. But sadly Pick ‘n Pay says some shoppers are still stockpiling unnecessarily, leaving empty shelves for others in need, and creating panic. Therefore the supermarket chain has produced this video with some of SA’s top musicians reminding locals […]

Essential Services to Remain in Place as South Africa Enters Lockdown

By SAPeople Contributor 24-03-20 18:26

At the stroke of midnight on Thursday, South Africa will go on a nationwide lock-down with the exception of essential services. President Cyril Ramaphosa made the announcement on Monday evening, following a meeting on Sunday with the National Coronavirus Command Council. The lockdown is the South African government’s bid to contain and slow down the […]

Huawei donated R1-million to help SA's fight against corona virus.

Huawei Donates 1 Million Rand to Assist South Africa’s COVID-19 Fight

By SAPeople 22-12-20 17:08

PRETORIA – Huawei Technologies has handed over a million rand donation to South Africa’s Department of Health, to support efforts to fight and contain the spread of the covid-19 virus. Health Minister Dr Zweli Mkhize – who also received a further R2-million from the South Africa-China Economic and Trade Association, at the Chinese Embassy in […]

Human Rights Commission Asked to Look at Farm Job Losses and Evictions

By SAPeople Contributor 23-03-20 18:34

As uncertainty and fear grow amid the Covid-19 virus outbreak, some farms in the Western Cape are closing their doors. This could see hundreds if not thousands of seasonal farmworkers like Elizabeth Pietersen without means to provide for their families. Pietersen said she was recently dismissed “with immediate effect” without any warning. The only explanation […]

south africa corona virus business

Businesses Put South Africa First to Commit Resources To COVID-19

By SAPeople 23-03-20 18:29

The South African business community has mobilised to combine its resources as a way of limiting the economic, social and health impact of COVID-19 on the country. This emerged at the discussions held by President Cyril Ramaphosa and the country’s business formations on Sunday. Business Unity South Africa (BUSA), the Black Business Council (BBC) and […]

Dis-Chem Pharmacies to Limit Customer Quantities

By SAPeople Contributor 23-03-20 16:52

In response to government’s call on citizens to refrain from excessive purchasing and stockpiling goods as it intensifies its efforts to contain the coronavirus (COVID-19), Dis-Chem Pharmacies has advised that it will be limiting the number of items consumers can purchase. With immediate effect, shoppers will be able to purchase a maximum of six units […]

aidameria cruise liner coronavirus south africa

New Regulations Prohibit Cruise Liners at SA’s Sea Ports

By SAPeople Contributor 19-03-20 21:20

Transport Minister Fikile Mbalula says new regulations that came into effect on Wednesday, will see all cruise and passenger ships entering South Africa through its sea ports being prohibited from disembarkation. Briefing the media at the Port of Cape Town on Wednesday, Mbalula said the regulations, which were gazetted on the same day, will assist […]

south africa panic stockpiling

New Rules in South Africa Protect Consumers from Unfair Price Hikes and Stockpiling

By SAPeople 19-03-20 17:25

The South African government has imposed regulations that will limit unjustified price hikes and product stockpiling, to protect consumers, as the number of COVID-19 pandemic cases in SA rises to 150. The regulations, announced by Trade, Industry and Competition Minister Ebrahim Patel during a press briefing on Thursday, deal with pricing matters during the national […]

reserve bank cuts repo rate south africa

South Africa’s Reserve Bank Cuts Repo Rate by 100 Basis Points

By SAPeople 19-03-20 16:14

In line with market expectation, the Reserve Bank of South Africa has cut the repo rate by 100 basis points to 5.25% per annum, Governor Lesetja Kganyago announced on Thursday. “The MPC decided to cut the repo rate by 100 basis points. This takes the repo rate to 5.25% per annum, with effect from 20 […]

eskom loadshedding south africa

South Africa’s Power System Remains Constrained; Loadshedding Possible

By SAPeople 17-12-20 01:46

As the power generation system is still constrained and vulnerable, the possibility of load shedding still remains, says Eskom. “During peak hours we are utilising emergency generation reserves to supplement supply, and [we] may have to implement load shedding at short notice should the power generation system deteriorate,” said the power utility in a statement […]

Schengen Borders in Europe Will Close Tomorrow for 30 Days

By Jenni Baxter 16-03-20 22:45

French President Emmanuel Macron announced Monday night that in line with a European Union decision all Schengen borders will be closed from midday tomorrow, Tuesday 17 March 2020, for 30 days. The President urged all French citizens outside of the EU to call their local French Embassy if they wish to return home. Macron said: […]

jellyfish koeberg south africa eskom pix

Eskom Blames Jellyfish for Koeberg Water Pump Tripping

By SAPeople 13-03-20 02:12

Eskom claims that the water pump at Koeberg nuclear power station which tripped on Tuesday, plunging South Africa into Stage 4 Loadshedding, did so because it became clogged with jellyfish and fish. The bad news is that Stage 4 loadshedding is likely to continue till late into Friday night. The good news is that the […]

1 71 72 73 74 75 127