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... 

Creamer Media’s Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about highlights from Finance Minister Tito Mboweni’s 2020 Budget Speech and whether enough has been done to stave... 

Over the next three years, the Development Bank of Southern Africa (DBSA) will package blended finance megaprojects of at least R200-billion, while government has committed R10-billion for such... 

The National Treasury on Wednesday confirmed that government was preparing to publish an environmental fiscal reform review paper. The paper will explore the potential for new environmental taxes... 

Contingent liabilities, which are mainly guarantees to State-owned companies (SOCs) are projected to reach R979.9-billion on March 31, 2020. According to Finance Minister Tito Mboweni, who tabled... 

A total of R157-million has been committed to projects within South Africa’s Jobs Fund in this year’s National Budget, which was delivered by Finance Minister Tito Mboweni on Wednesday. However,... 

Finance Minister Tito Mboweni on Wednesday announced the formation of the South African Sovereign Wealth Fund, which would target a capital amount of about R30-billion. Given the legal,...