Business Loss Registration Portal
Government has launched a Business Loss Registration Portal for the registration of businesses that were affected by the unrest which took place during 9-19 July 2021 in KwaZulu-Natal, Gauteng and other affected areas in the country. Attached below are the press release and fact sheet with further details on the portal. This Portal aims to…
SA Chamber of Commerce and Industry Reacts to Eased Restrictions
There’s no doubt that the lockdown restrictions have been necessary to prevent further Covid-19 infections and deaths. But lockdown has resulted in the country losing billions of rand in revenue. For more, #eNCA‘s Gareth Edwards speaks to President of the SA Chamber of Commerce and Industry, Mtho Xulu. Courtesy #DStv403
Statement by President Cyril Ramaphosa on progress in the national effort to contain the Covid-19 pandemic
12 September 2021 – 12:00am My Fellow South Africans, This evening, I would like to begin by telling you about the experience we have had as a nation in one week in the work we are doing in the health care system in one of our provinces. Between the dates of 14 and 20 August…
Inflation-targeting at 21- Lessons for the Future
A Public Lecture by Lesetja Kganyago, Governor of the South African Reserve Bank Stellenbosch University (virtual)Wednesday 8 September 2021 Inflation-targeting at 21- lessons for the future This is a year of anniversaries for the South African Reserve Bank (SARB). The institution itself has reached 100 years. The rand has turned 60. We are commemorating 25 years of…
GDP Increased 1,2% in the Second Quarter of 2021
South Africa’s gross domestic product (GDP) increased by 1,2% in the second quarter of 20211. The transport, storage and communication industry increased by 6,9% in the second quarter, and made the largest contribution to GDP growth, namely 0,5 percentage points. Increased economic activity was reported for land transport and communication services. The personal services industry…
Raxio Group Announces the Appointment of Master Power Technologies to Manufacture and Install its Data Centres in Africa
Randburg Chamber of Commerce of Industry member Master Power Technologies has been appointed by the Raxio Group to build and install multiple Data Centres in Africa. The Raxio Group is a premier Pan-African Data Centre Developer and Operator. Following its first facility in Uganda, Raxio’s next suite of Data Centres are being developed in Ethiopia,…
Sourcing 101: Key Questions to Ask Suppliers
Choosing the right suppliers, whether for raw materials or finished products, can be a time-consuming, energy-draining and costly sourcing task. As inevitable as it is necessary, there are a lot of things to consider before diving into sourcing nitty-gritty – one of which is one’s ability to ask the right questions to prospective suppliers and…
IDC Post-unrest Business Recovery Fund
For more information, please visit https://www.idc.co.za/unrest-funding/.
Government to Pay Out Workers Hit by Looting
Employment and Labour minister Thulas Nexsi has established a temporary relief scheme aimed at giving relief to vulnerable workers impacted by the recent looting and unrest. In a government gazette published on Tuesday (10 August), Nxesi said that the relief will be given to those who are unable to work because of the closure of…
Randburg Gautrain – Comments Requested by Sunday 15th August
Last month, Engineering News reported that Gauteng Public Transport and Roads Infrastructure MEC Jacob Mamabolo had confirmed that his department intends to determine a route for Phase 1 of the Gautrain Rapid Rail Integrated Network extensions in terms of the province’s Transport Infrastructure Act. The proposed route starts at the Little Falls Station, on Hendrik Potgieter road in Willowbrook. From there, the route runs in a north-easterly direction towards Zandspruit,…
3 lockdown scenarios for South Africa
Professional services firm PwC has published its latest economic outlook for South Africa, which includes forecast scenarios for the country’s lockdown levels and their likely impact on the economy. The group’s economic scenarios for 2021 are strongly influenced by different perspectives about the third wave of Covid-19 infections. On 27 June, president Cyril Ramaphosa announced…