Tito Mboweni announces social grant increases in 2021 budget speech
However, the social grant increases announced by Finance Minister Tito Mboweni are less than inflation.
SA Economy
Call to extend ECD relief fund application deadline by 2 weeks
The C-19 People’s Coalition’s ECD & Basic Education Working Group said the two-week deadline for workers to complete the application process is too short.
South Africa recovers 2.1 million jobs lost during level 5 lockdown – survey
The latest National Income Dynamics Study Coronavirus Rapid Mobile Survey (NIDS-CRAM) reveals a significant labour market recovery.
Eskom implements stage 3 load shedding citing ‘loss of generating units’
This is the second time in several days that Eskom has implemented load shedding, signalling a deterioration of South Africa’s power supply constraints.
Presidential Employment Stimulus has supported 433,000 jobs – Ramaphosa
186,879 opportunities are currently open for recruitment/applications, while 72,672 are still in the pipeline, the Presidency said.
Tax hikes not needed to fund COVID-19 vaccine rollout – Old Mutual expert
Old Mutual Investment Group (OMIG) Chief Economist Johann Els says the government is headed for a higher-than-expected tax revenue.
‘Cut the fat:’ Mashaba launches campaign against tax hikes for COVID-19 vaccines
ActionSA’s Herman Mashaba has dubbed his campaign #CutTheFat and has called on President Cyril Ramaphosa to trim his Cabinet.
Govt wants more black business participation in SA’s economic recovery – Ramaphosa
Ramaphosa also said black-owned businesses must be given an opportunity to participate in South Africa’s COVID-19 vaccine rollout.
Eskom implements stage 2 load shedding: Where to check your schedule
Eskom has announced that it will implement stage 2 load shedding on Thursday (14 January, 2021) at 12h00 until Sunday.
SACP calls on pension funds to invest in govt’s infrastructure projects
SACP says only two percent of South Africa’s retirement and pension fund monies are invested in infrastructure development.