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Update On Covid-19 Loan Scheme
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Update On Covid-19 Loan Scheme

ByDerrick Markotter

The Covid-19 Loan Guarantee Scheme was set up to help ease some pressure off qualifying businesses negatively affected by low economic activity following the global lockdown imposed to reduce the spread of COVID-19. It has been reviewed to make it easier to access. Some of the changes include that bank credit assessments and loan approvals…

Address by President Cyril Ramaphosa on South Africa’s response to the coronavirus pandemic
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Address by President Cyril Ramaphosa on South Africa’s response to the coronavirus pandemic

ByDerrick Markotter

17 June 2020 Compatriots, It is now just over 100 days since the first case of coronavirus was identified in South Africa. For 100 days we have been living in the shadow of one of the greatest threats to global health in over 100 years. The disease, and the measures we have taken to fight…

Amendments to the list of eligible collateral pledged at the South African Reserve Bank for refinancing operations

Amendments to the list of eligible collateral pledged at the South African Reserve Bank for refinancing operations

ByDerrick Markotter

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…

Travel Advisory
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Travel Advisory

ByDerrick Markotter

Many of our members travel out of the country (South Africa), as well as receive people into South Africa from other countries, not only from Africa, but also abroad. The National Department of Health has issued a travel advisory (attached) for all travelers. Please familiarize yourself with this important information on how to take the…

Spain declares a state of emergency after coronavirus cases surged

Spain declares a state of emergency after coronavirus cases surged

ByDerrick Markotter

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…