South African businesses will breathe a sigh of relief when power cuts end, but what kind of an impact are power and water cuts having on businesses? SA Chamber of Commerce and Industry President Mtho Xulu discusses. Courtesy #DStv403#eNCA The RCCI supports the President of SACCI.
Created to help connect the continent, pool resources, and drive international exposure, Inspire Africa Connect launched their inaugural event in the beautiful wine lands region of South Africa. This innovative collaboration between Inspire Marketing and Branding international and Luxury Xclusives, The Luxury Network International along with their partners gave light to the business landscape that…
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…
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
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…
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…
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…
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,…
For more information, please visit https://www.idc.co.za/unrest-funding/.
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…
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,…
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…
The Department of Small Business Development is calling on all small enterprises and informal traders whose businesses were looted or vandalised during the July 2021 unrest to apply for the Business Recovery Support Packages. Business Recovery Programme Uninsured small enterprises impacted by the unrest. Small enterprises which require funding for working capital, equipment, and furniture….
Eskom says that it will close parts of the N3 highway in KwaZulu-Natal in the coming weeks as it installs conductors. The closures will impact the Lions River area, with the major highway set to be closed for two-hour intervals. The work is set to begin on Monday (16 August) and will continue at semi-regular…
Kaspersky Lab’s Securelist has released its Spam and Phishing Report for the second quarter of 2021 and revealed several WhatsApp scams circulating on the widely-used mobile messaging platform. Advance-fee fraud remained a popular technique to trick people into transferring money to scammers on the promise that they would receive a larger sum in return. “Victims were asked,…
The Department of Small Business Development (DSBD) in collaboration with the Department of Trade, Industry and Competition (the dtic) is conducting a survey on the Impact of the Looting on Businesses Operations in the Country. The purpose of the survey is to determine the level of damage after the unrest in order to develop appropriate…
Summary of the speech made by President Cyril Ramaphosa on Sunday 25 July 2021SA moves to LOCKDOWN LEVEL 3, with immediate effect. Curfew: 22:00 to 04:00 Social relief grant will be reinstated from August 2021 untill March 2022 – “the R350 is back”- watch out for the registration information. Gatherings: limited to 50 indoors and…
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