Coronavirus in SA: SA may approach IMF for 'health funding' - Tito Mboweni

Mfuneko Toyana|Published

South Africa may approach the IMF and World Bank for funding to fight the coronavirus that threatens to drag the country's economy deeper into recession, Finance ...

Health Department explains slower rate of confirmed coronavirus cases in SA

Mfuneko Toyana|Published

The Department of Health has stressed that the slower rate of reported infections on Saturday did not indicate a reduction in the speed of the outbreak.

SAA to cut flights after R3. 5bn Development Bank bailout

Mfuneko Toyana|Published

SAA said it would "cancel and consolidate selected flights" to lower costs, days after it received a 3. 5 billion rand government bailout.

Unions say SAA strike will last indefinitely 'until management gives in'

Mfuneko Toyana|Published

Unions said the strike would begin at 4 a. m. on Friday and are calling on SAA's check-in, ticket sales, head office, technical staff and ground staff to take part. ...

SAA offers employees new wage increase as unions demand 8% increase

Mfuneko Toyana|Published

SAA has cancelled flights scheduled for Friday and Saturday because of a pending strike by a majority of employees.

Downgrades, weakening rand pose risk, says SARB

Mfuneko Toyana|Published

Reserve Bank warns that the recent cabinet reshuffle that saw SA's credit relegated to "junk" could pressure the rand and accelerate inflation.