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Why You Can’t Compare Covid-19 Vaccines
In the US, the first two available Covid-19 vaccines were the ones from Pfizer/BioNTech and Moderna. Both vaccines have very high “efficacy rates,” of around 95%. But the third vaccine introduced in the US, from Johnson & Johnson, has a considerably lower efficacy rate: just 66%. Look at those numbers next to each other, and…
Panic Is Close Second To The Corona Curse
It is understandable that business owners feel panicky because of the toll Corona is taking on business income. However, many businesses realise that if they implement wholesale retrenchments they will not only lose valuable skills but will also reduce the buying power of the public. This would then further reduce the business’s ability to earn…
DSBD Call-out to Supply Cloth Face Masks
MEDIA RELEASE 13 April 2020 CALL-OUT TO LOCAL SMMES AND COOPERATIVES IN THE CLOTHING, TEXTILE, FASHION DESIGN AND TAILOR MAKING BUSINESS TO PARTICIPATE AS SUPPLIERS OF CLOTH FACE MASKS FOR THE GENERAL PUBLIC AND ESSENTIAL SERVICE PROVIDERS DURING THE COVID-19 PANDEMIC. The Department of Small Business Development (DSBD) calls-out to SMMES and Cooperatives in the…
COVID-19 and Directors: Your Duties and Liabilities in the Coronavirus Crisis
This is an excerpt from an article published in the SP3 Financial Services May 2020 newsletter. You can read the full article here. There are significant obligations placed on directors by the Companies Act and personal and criminal liabilities if they fail to meet these obligations. As a director you will no doubt be focusing…
TERS payments will be extended for industries hit by new Level 4 rules – Cosatu
Trade union federation Cosatu says an agreement has been reached to extend the Covid-19 Temporary Employer-Employee Relief Scheme (Ters) payments to workers and companies affected by the adjusted level 4 lockdown. This includes the liquor industry, tourism, and hospitality sectors. Business, labour, and the government agreed in principle to bring back Ters payments at the…
TERS Benefit Extended For Certain Categories of Employees
13 August 2020 TERS BENEFIT EXTENDED FOR CERTAIN CATEGORIES OF EMPLOYEES RCCI welcomes the extension of the TERS benefit for certain employees until 15 August 2020. The Direction allowing the extension was signed on 12 August 2020 and is expected to be gazette very soon. Applications for July to 15 August 2020 are due to…