Steep cut in interest rates announced
The SA Reserve Bank’s monetary policy committee cut the repo rate by 100 basis points, or one percentage point, from 6.25% to 5.25% on Thursday. Most economists were expecting a cut of 50 basis points. The Reserve Bank is under pressure to help arrest the economy’s downward spiral. South Africa is already in recession, and…
Simple advice for dealing with COVID-19 from an infectious diseases professor
An expert in infectious diseases has suggested that people should act like they already have coronavirus to help stop it from spreading. It comes as the UK confirmed a jump of 208 cases in 24 hours on Friday – bringing the total number in the UK to 798 – the biggest daily increase since the outbreak began. Read the…
Spain declares a state of emergency after coronavirus cases surged
Spain said on Friday that it would formally declare a state of emergency as the number of coronavirus cases in the country jumped to more than 4,200, with at least 120 deaths. This week, the Spanish government has nationalised all of its hospitals and healthcare providers in the country in its latest move to combat…
Facebook: Managing through the COVID-19 outbreak
Facebook has created a resource for small business owners: Managing through and building resilience during the COVID-19 outbreak. At Facebook, we’re working to keep people safe and informed about the recent outbreak of COVID-19. We know that as members of the communities you serve, businesses like yours may also be experiencing unexpected challenges, and we’re…
Maritime Industry: Important Port Notices
Following an extensive analysis of the progression of the disease worldwide and in South Africa, cabinet has decided on extensive measures to combat the Coronavirus pandemic. In light of the abovementioned measures; as a country we are bound to implement the directive of the President of the Republic of South Africa and the following has…
SARS Letter To Taxpayers
SARS (South African Revenue Services) has released a communique outlining their measures to protect their staff, businesses and the citizens of the Republic of South Africa. These measures are detailed in the attached document and is also available on the SARS website at https://www.sars.gov.za/Media/Pages/CoronaVirus.aspx SARS Letter To Taxpayers If you don’t see the document below, please try reloading the…
Impact of Corona Virus on SARS Services
We had had reports from some of our members that the electronic system for the carbon tax was not yet up and running and there was no choice but to go into a branch. Also, that some branches were not yet ready to deal with carbon tax registrations. Please keep us advised so that we can engage with SARS on…
Covid-19 Travel Advisory
TRAVEL ADVISORY IN RESPONSE TO THE COVID-19 PANDEMIC The Minister of International Relations and Cooperation of the Republic of South Africa is issuing this Travel Advisory in light of the announcement on 16 March 2020 by the Government declaring a State of National Disaster. The State of National Disaster entails that restrictions on entry, movement…
Companies facing distress due to the pandemic to be assisted
Minister Thulas Nxesi on impact of Covid-19 Coronavirus at National Economic Development and Labour Council Executive Committee meeting 17 Mar 2020 Companies facing distress due to the pandemic to be assisted – Employment and Labour As measures are put in place to contain the spread of the Coronavirus pandemic and its impact, Employment and Labour…
South African Reserve Bank warns the public that it is NOT withdrawing banknotes and coin because of COVID-19
17 March 2020 Media Statement South African Reserve Bank warns the public that it is NOT withdrawing banknotes and coin because of COVID-19 The South African Reserve Bank (SARB) has been made aware of fake news that involve a scam claiming that it is “recalling” money from the public. It is believed that criminal elements…
Coronavirus: No-Panic Helpguide
If you don’t see the e-book below, please try reloading the page [F5]
Social Distancing: What to Avoid, and What is Safe To Do
Since declaring the coronavirus a national disaster in South Africa, the messaging from government and leaders at large has been to encourage social distancing. As part of the move to curb the spread of the virus, President Cyril Ramaphosa announced that gatherings of over 100 people in the country would be banned, causing some mild…






















