The coronavirus (COVID-19) global pandemic has brought additional strain to an already struggling South African economy. IQbusiness, Schindlers Attorneys, Engaged Business Turnaround, Sirdar Group and Envision have formed a consortium to bring their extensive legal, accounting, technology and business turnaround expertise…
POSTPONEMENT OF ZOOM MEETING WITH THE MINISTERS OF TOURISM AND SMALL BUSINESSDEVELOPMENTLate yesterday SACCI was advised that a Command Council meeting has been called by the President MrCyril Ramaphosa which clashes with the Ministerial get together with business on Saturday 16th May at13:00. Much like the virus that adapts and mutates, we are living in…
BUSINESS FOR SOUTH AFRICA COMMENTS ON THE PRESIDENT’S ADDRESS OF 13 MAY 2020 Business for South Africa (B4SA) welcomes the announcement last night by President Ramaphosa of the intention to ease the lockdown and reopen the economy. We are continuing to engage government to reiterate our call for the swift easing of economic restrictions accompanied…
As a result of the novel coronavirus and the steps taken to curb its spread, many businesses face a significant loss of income. In this context, government is partnering with commercial banks to provide financial support to small and medium-sized firms to enable them to meet their operational needs over the next few months. On…
13 May 2020 My Fellow South Africans, This week, our country reached a sad moment in the progression of the coronavirus pandemic, as we recorded our 219th death from the disease. Every life lost is a tragedy. These 219 people who passed away had families, they had dependents, friends and colleagues. Their lives were cut…
Impact on Employee training during COVID-19 During these difficult times, The IIE’s Varsity College is committed to assisting our clients proactively as we navigate through these complexities together. We remain committed to meeting your training requirements for 2020– your circumstances will be taken into consideration every step of the way. Work Skills Plan and Annual…
DIRECTIONS REGARDING THE SALE OF CARS AND EMERGENCY AUTOMOBILE REPAIRS DURING ALERT LEVEL 4 OF THE COVID-19 NATIONAL STATE OF DISASTER Permitted trading activitiesThe following trading activities with regard to cars are permitted during Alert Level 4: Trade in new and used cars; wholesale trade of new and used cars by OEMs and importers; export…
DIRECTIONS REGARDING THE SALE OF CLOTHING, FOOTWEAR AND BEDDING DURING ALERT LEVEL 4 OF THE COVID-19 NATIONAL STATE OF DISASTER The purpose of these Directions is to provide direction on the type of clothing, footwear and bedding which may be sold by retailers during Alert Level 4 in terms of Part E of Table 1…
MEASURES TO PREVENT AND COMBAT THE SPREAD OF COVID19 These Directions are issued in order to assist micro and small businesses trading inpermitted services, to comply with the Regulations. The permitted businesses covered in these Directions are the following-(a) small scale bakeries and confectioneries;(b) small scale hardware stores;(c) informal restaurants and shisanyamas for home deliveries…
MEDIA STATEMENTCLARITY ON FINANCIAL SUPPORT OF R5 BILLION ALREADY MADE AVAILABLE TO MUNICIPALITIES FOR COVID-19 RESPONSE National government has made available more than R5 billion in support to municipalities to assist them in responding to the COVID-19 pandemic in the 2019/20 municipal financial year. This support is assisting municipalities to provide additional access to basic…
BUSINESS FOR SOUTH AFRICA PARTNERS WITH EM GUIDANCE TO DRIVE DIGITAL COVID-19 RESOURCE PLATFORM FOR HEALTH CARE PROFESSIONALS Business for South Africa’s (B4SA) Health Workgroup has partnered with Essential Medical Guidance (EMGuidance), the country’s largest free digital health care platform and community, which has launched a dedicated COVID-19 Support Channel for South African health care…
The Covid-19 loan guarantee scheme announced by President Cyril Ramaphosa in April will operate from today, 12 May 2020. The initial set of participating banks (Absa, First National Bank, Investec, Mercantile Bank, Nedbank and Standard Bank) are ready to accept loan applications from distressed businesses which bank with them. The activation of the loan guarantee…
Transnet National Ports Authority would like to remind port users of the requirement to disclosesuspected and confirmed COVID-19 cases to the Authority and the National Institute forCommunicable Diseases (NICD), for the purposes of addressing, preventing or combatting thespread of COVID-19 in the port system. This is in accordance with the published level 4 regulationsby Government….
Schindlers Webinar Event Reminder For This Week: 12 May 2020 – 15 May 2020 The coronavirus (COVID-19) global pandemic has brought additional strain to an already struggling South African economy. IQbusiness, Schindlers Attorneys, Engaged Business Turnaround, Sirdar Group and Envision have formed a consortium…
May 12 2020 Dear Sir, The Small Business Institute beseeches our government to revise regulations pertaining to business issued during our State of Disaster immediately. The harm they are causing the economy cannot be justified; there is no discernible link between many of them and the stated aim of protecting people from transmitting the Covid-19…
The city of Johannesburg has apologised for overcharging ratepayers for their water usage during lockdown. In a letter, the city says it mistakenly billed customers in excess of 30 days. In another letter, the city has said it would not be able to fix most faulty traffic lights because it wants to protect its employees….
Media statement 8 May 2020 Amendments to the list of eligible collateral pledged at the South African Reserve Bank for refinancing operations The South African Reserve Bank (SARB) conducts repurchase (repo) operations on a weekly and daily basis with clearing banks, wherein participants receive cash to the value of an accepted bid in a repo…
BUSINESS FOR SOUTH AFRICA PARTNERS WITH SADAG, PsySSA TO PROVIDE MENTAL HEALTH SUPPORT AND GUIDELINES Business for South Africa (B4SA) recognises that business leaders and their employees are facing significant challenges, not only in terms of the economic impact of COVID-19, but also the feelings of anxiety, worry and distress many people are experiencing in…
The Disaster Management Regulations allow for the operation of essential services. On 23 April 2020, the President further announced the gradual and phased approach to other business operations which will differ having regard to the applicable level of lockdown as declared by Government from time to time (Levels 1 to 5). Every employer will, during each…
Please find below three updates with regards to regulations, namely: Directions to address, prevent and combat the spread of COVID – 19 issued out by the Department of Transport in terms of regulation 4(7) of the Regulations issued in terms of the Disaster Management Act. 2002 (Act No. 57 of 2002). These directions were issued…
THE OBLIGATIONS ON BUSINESSES OPERATING DURING COVID-19 ALERT LEVEL 4 Regulation 16(6)(b) of the Regulations in terms of the Disaster Management Act issued on 29 April 2020 places four obligations on each business, industry and entity in both the public and private sector which are permitted to operate during Alert Level 4: 1. Covid-19 compliance officer…
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…
Please Heed Mandatory Health Regulations For Level Four Business for South Africa (B4SA) is urging employers to be meticulous in their implementation of the Level 4 restrictions that came to effect on 1 May 2020, as South Africa enters a new phase of its response to COVID-19 in terms of further regulations promulgated under the Disaster Management…
Dear Fellow South African, The entire world is in the unrelenting grip of the coronavirus pandemic, whose spread has been rapid. A vaccine has yet to be found. Across the world, over 3.4 million people are known to be infected and more than 240,000 have died. These are indeed desperate times. When the national state…
To share the interventions that have been introduced as part of the relief measures. To share practical plans that are aimed at supporting SMMEs to recovery post the “hard lockdown”. To also present a plan on the differentiated interventions aimed at supporting various categories of informal businesses. If you don’t see the document below, please…