Results for financial relief

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South Africa can't afford for SME relief funds to dry up
South Africa can't afford for SME relief funds to dry upArticle

As local business relief initiatives come to a close, many small and medium enterprises continue to struggle with an unfortunate number of businesses' liquidity eroded by the Covid-19 pandemic...

Evan-Lee Courie 31 Mar 2021

The battle of the banks hits a high in digital Covid economy
The battle of the banks hits a high in digital Covid economyArticle

Banks responded rapidly and empathetically to their account holders' financial crisis when the country went into hard lockdown around this time last year...

15 Mar 2021

New fund launches to support screen sector workers affected by the pandemic
New fund launches to support screen sector workers affected by the pandemicArticle

A number of donors have contributed towards a support fund established to provide direct financial relief for screen sector workers whose livelihoods are affected by the ongoing Covid-19 lockdown...

11 Mar 2021

Can new car dealers expect a smoother road in 2021?
Can new car dealers expect a smoother road in 2021?Article

Chairperson of the National Automobile Dealers' Association, Mark Dommisse, reveals what type of road new car dealers will be dealing with this year...

Mark Dommisse 23 Feb 2021

Credit: Pexels
Alcohol industry welcomes easing of ban, pleads for transparencyArticle

The SA alcohol industry welcomes President Ramaphosa's announcement yesterday evening to partially reinstate the sale of alcohol...

2 Feb 2021

Chat-based business-recovery resource launched on WhatsApp to assist SMMEs during Covid-19
Chat-based business-recovery resource launched on WhatsApp to assist SMMEs during Covid-19Article

A chat-based service called SMMEstart has been launched on WhatsApp to provide SMMEs in South Africa with instantly actionable information, guidance and resources to help business owners restart and grow their businesses during the Covid-19 economic recovery period and beyond...

Issued by SMMEstart 27 Jan 2021

Losses continue to mount for SA's hospitality industry
Losses continue to mount for SA's hospitality industryArticle

Total income for accommodation dropped by 66,8%, and food and beverage decreased 36,3% year-on-year in November 2020, but the real damage is likely to be far worse...

21 Jan 2021

Liquor Traders Formation requests urgent meeting with Ramaphosa
Liquor Traders Formation requests urgent meeting with RamaphosaArticle

The Liquor Traders Formation has requested an urgent meeting with President Cyril Ramaphosa to discuss ending the third alcohol sales ban currently in place...

18 Jan 2021

Extended alcohol ban pushes craft brewers to the brink of closure
Extended alcohol ban pushes craft brewers to the brink of closureArticle

The third ban on alcohol sales has had a devastating impact on the craft brewing industry...

8 Jan 2021

Experian BDI improves sharply in Q3 2020 following heavily depressed Q2
Experian BDI improves sharply in Q3 2020 following heavily depressed Q2Article

Experian South Africa recently released its quarterly Business Default Index (BDI) for Q3 2020, reflecting a sharp improvement from its extremely depressed level of -3.728 in Q2, to -1.402 in Q3...

24 Dec 2020

Muhammad Ali Albakri
#BizTrends2021: 5 government interventions urgently-needed to support air transport, tourism sectorArticle

The air transport industry was one of the hardest hit in 2020 with traffic and revenues falling off a cliff at the end of last March following the imposition of worldwide Covid-19 containment restrictions on travel...

Muhammad Ali Albakri 21 Dec 2020

Hollard and the 2020 Basa Awards: making an indelible mark on the arts
Hollard and the 2020 Basa Awards: making an indelible mark on the artsArticle

For the Hollard Group and Business and Arts South Africa (Basa), there was no question: Covid-19 pandemic or not, the 2020 Basa Awards had to go ahead...

Issued by Hollard 12 Nov 2020

KwaZulu-Natal community and medical staff benefit from the Beiersdorf International Aid Programme
KwaZulu-Natal community and medical staff benefit from the Beiersdorf International Aid ProgrammeArticle

Earlier this year, Beiersdorf pledged to contribute to society's collective fight against the Covid-19 pandemic by creating an immediate €50m international aid programme...

Issued by Beiersdorf Southern Africa 2 Nov 2020

Covid-19 lessons for SA's restaurant industry
Covid-19 lessons for SA's restaurant industryArticle

While many sectors have found reprieve in the easing of the national lockdown to alert level 1, which includes the reopening of borders to tourists, the South African restaurant industry is experiencing a slow recovery...

Rene Botha 13 Oct 2020

Post-lockdown: Property market showing steady signs of recovery
Post-lockdown: Property market showing steady signs of recoveryArticle

Following the national Covid-19 lockdown during the second quarter of 2020, the latest figures from the Deeds Office reflect steady signs of recovery in the property market...

9 Oct 2020

Christine Rodrigues, partner, Bowmans
Credit life providers are getting off lightly on Treating Customers FairlyArticle

There is an 'elephant in the room' of the life insurance industry, and this is the less stringent requirements for credit life providers when it comes to Treating Customers Fairly (TCF)...

8 Oct 2020

Success for Dentsu Aegis Network SA at the 2020 New Gen Awards
Success for Dentsu Aegis Network SA at the 2020 New Gen AwardsArticle

On 25 September 2020, Dentsu Aegis Network (DAN) South Africa and its network agencies celebrated a night of success at the 2020 New Gen Awards during a live virtual awards ceremony...

Issued by Dentsu 5 Oct 2020

UIF temporarily suspends payment of Covid-19 TERS relief fund
UIF temporarily suspends payment of Covid-19 TERS relief fundArticle

The Unemployment Insurance Fund (UIF), working with the Department of Employment and Labour, has temporarily halted payments for the Covid-19 TERS relief benefits, until it addresses the system control concerns recently raised by the Auditor-General...

11 Sep 2020

South African interprovincial travel soars after restrictions are lifted
South African interprovincial travel soars after restrictions are liftedArticle

It's been a long haul for South Africa as we've struggled to flatten the curve and still keep going somehow. Now, with the recent lifting of many restrictions, people are heading out in their numbers to enjoy everything the country has to offer...

Issued by Domestic Flights South Africa 3 Sep 2020

Scammers prey on vulnerable with 'You're fired!' email
Scammers prey on vulnerable with 'You're fired!' emailArticle

Scammers worldwide have been exploiting people's fears of lost jobs and income during the Covid-19 lockdown by using phishing mails...

Anna Collard 2 Sep 2020

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IATA calls on governments to reopen borders and sustain airline relief measuresArticle

"What is killing aviation is the fact that governments are not managing the risks of opening borders. Instead, they are keeping global mobility effectively in lockdown. And if this continues, the damage to global connectivity could become irreparable..."

1 Sep 2020

The impact of Covid-19 on African aviation is worsening
The impact of Covid-19 on African aviation is worseningArticle

The International Air Transport Association (IATA) released new data indicating that the impact of Covid-19 on Africa's aviation industry and economies has worsened...

14 Aug 2020

Extended Covid-19 relief for small-scale farmers
Extended Covid-19 relief for small-scale farmersArticle

The minister of agriculture, land reform and rural development, Thoko Didiza, has extended the validity period of the Covid-19 Disaster Agricultural Support Fund Voucher...

14 Aug 2020

Forecasting post-Covid financial behaviours based on lessons from the 2008 financial markets crash
Forecasting post-Covid financial behaviours based on lessons from the 2008 financial markets crashArticle

In August, Covid-19 infections in South Africa surpassed the half-a-million mark, leaving the economy devastated. The economic impact of the lockdown will linger even once the health threat associated with the virus has passed...

Dr Amelia Richards & Sithokozile Dubazane, Issued by Ask Afrika 13 Aug 2020

SA technical production, events industry to #LightSAred
SA technical production, events industry to #LightSAredArticle

The South African technical production and live events industry has embarked on the #LightSAred campaign, which is set to take place on 5 August 2020, to address the effects that the Covid-19 pandemic has had on the industry...

4 Aug 2020

Alvaro Pereira, OECD Economics Department Country Studies director
Covid-19 pandemic raises the urgency of structural reformsArticle

South Africa responded swiftly to the Covid-19 pandemic, but the sharp drop in activity adds to long-standing challenges and raises the urgency of structural reforms, according to a new report...

31 Jul 2020

Tourism recovery plan to be submitted to cabinet next month
Tourism recovery plan to be submitted to cabinet next monthArticle

"Working together with various stakeholders we have put together the tourism recovery plan and we are in the final stages of consultation and we will within the month of August submit the plan for cabinet for approval."

22 Jul 2020

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Update on the state of tourism in SAArticle

The Tourism Business Council of South Africa recent webinar, discussed and raised concerns, and solutions on the current state of the tourism industry in South Africa, ranging from UIF-TERS to agri-tourism.

21 Jul 2020

Safeguarding our communities through the Covid-19 pandemic
Safeguarding our communities through the Covid-19 pandemicArticle

Financial leaders are at a tipping point. The choices they are making today will become the bedrock of the industry for years to come...

Olga Arara-Kimani 6 Jul 2020

Businesses require vision and collaboration post-pandemic
Businesses require vision and collaboration post-pandemicArticle

As countries around the world start to think about what "work" looks like post the pandemic, we need to look at what this means for businesses...

Mohammed Amin 2 Jul 2020

#SaveYourSpot
#SaveYourSpotArticle

Stella Artois launched a two-phased initiative for consumers to participate and support local bars and restaurants during the lockdown in a real and tangible way...

Issued by Dentsu 30 Jun 2020

High Court rules SRD grant should be available to asylum seekers, special permit holders
High Court rules SRD grant should be available to asylum seekers, special permit holdersArticle

On 18 June 2020, the Gauteng High Court gave judgment declaring that eligible special permit holders, and asylum seekers with visas valid on 15 March 2020 can access the Covid-19 Social Relief of Distress grant...

Dibuseng Motlokoa and Laura Macfarlane 24 Jun 2020

Alternatives to dismissal - contemplating retrenchments post Covid-19
Alternatives to dismissal - contemplating retrenchments post Covid-19Article

The issue of when an employer should explore alternatives to retrenchment has never been more relevant than now, as businesses begin to respond to the impacts of Covid-19 on their operations...

Johan Botes 15 Jun 2020

How fine-dining chefs, restaurants are making the most of the Covid-19 lockdown
How fine-dining chefs, restaurants are making the most of the Covid-19 lockdownArticle

Like most other industries, the fine dining restaurant business has had to migrate online to keep busy, stay in touch with customers and support their kitchen teams...

12 Jun 2020

Mr Yum food ordering platform arrives in South Africa
Mr Yum food ordering platform arrives in South AfricaArticle

Mr Yum has launched in South Africa, allowing customers to order and pay for food from their favourite local restaurants through the Mr Yum website...

10 Jun 2020

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Airline industry to suffer $84bn loss in 2020Article

Financially, 2020 will go down as the worst year in the history of aviation. On average, every day of this year will add $230m to industry losses...

10 Jun 2020

Implementing advancement principles for long-term NPO sustainability
Implementing advancement principles for long-term NPO sustainabilityArticle

According to NPO Inyathelo, many non-profit organisations (NPOs) have been so busy dealing with immediate humanitarian needs during the Covid-19 pandemic, that they could - understandably - lose sight of some of the basic rules that will ensure their long-term sustainability.

9 Jun 2020

Supporting small business at Saica Enterprise Development amid the coronavirus spread
Supporting small business at Saica Enterprise Development amid the coronavirus spreadArticle

With markets in current turmoil amid the coronavirus spread, this is the time for small businesses to relook at their current business processes and understand how their business can respond in these chaotic times...

Jameel Khan, Issued by SAICA 8 Jun 2020

Vgrigas via Wikimedia
Standard Bank partners with Sefa to assist spaza shopsArticle

Standard Bank has partnered with the Small Enterprise Finance Agency to help spaza shops purchase stock through government funding...

4 Jun 2020

Not all medical scheme payment relief options are created equal
Not all medical scheme payment relief options are created equalArticle

There may be financial relief available for medical aid members, but it will depend on whether the scheme has been granted contribution relief approval by the Council for Medical Schemes (CMS), as well as what plan the individual is on...

1 Jun 2020

Tourism resumes limited operations in June
Tourism resumes limited operations in JuneArticle

South Africans, who have been confined to their homes, will now be allowed to venture out for hikes...

1 Jun 2020

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Call for SA government to help safeguard aviation sectorArticle

The International Air Transport Association (IATA), the Airlines Association of Southern Africa (AASA) and the Board of Airline Representatives of South Africa (Barsa) are calling on the South African government to provide specific financial relief to the aviation sector...

27 May 2020

Get ready with Return2Work
Get ready with Return2WorkArticle

With South Africa having moved to Level 3 Lockdown on Monday, 1 June 2020, businesses must play its part to minimise infection and maximise compliance...

27 May 2020

TERS payments are exempt from PAYE
TERS payments are exempt from PAYEArticle

Businesses registered with the Unemployment Insurance Fund (UIF) that are suffering financial distress as a direct result of the Covid-19 pandemic qualify to receive financial relief from the Temporary Employee / Employer Relief Scheme...

Graeme Palmer 25 May 2020

Covid-19 severely impacts employment
Covid-19 severely impacts employmentArticle

A Statistics South Africa (Stats SA) survey has revealed that 8.1% of its respondents lost jobs or closed businesses as a consequence of the Covid-19 outbreak...

20 May 2020

#LockdownLessons: Navigating the new frontier of trade
#LockdownLessons: Navigating the new frontier of tradeArticle

Dr Greg Cline, head of corporate accounts at Investec for your Business, shares how Covid-19 has impacted the trade industry during these unusual times...

Robin Fredericks 20 May 2020

Bridge Taxi Finance provides cash relief to taxi industry
Bridge Taxi Finance provides cash relief to taxi industryArticle

Minibus taxi financier Bridge Taxi Finance is providing financial relief to taxi drivers and owners in the form of a R175 million cash injection...

14 May 2020

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#Covid19 and the current state of tourism in SAArticle

"The current inability of businesses to cover costs is likely to lead to more business closures. This, together with the cancellation of planned investments, indicates a huge concern that there will be no supply, when tourism moves more fully towards recovery, which we hope will be during 2021."

8 May 2020

The impact of Covid-19 on small and micro businesses in SA
The impact of Covid-19 on small and micro businesses in SAArticle

In almost all the messages, strategies and press conferences we have seen in these tough times of a global pandemic, one thing is clear in the world of SMMEs...

Lindiwe Kunene 8 May 2020

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