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South Africa

Three-phased economic response to COVID-19 pandemic

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Government has announced a massive social relief and economic support package of R500 billion which amounts to around 10% of Gross Domestic Product (GDP) to mitigate against the blow of COVID-19 in the country.

R50 billion to relieve plight of the vulnerable

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Government will direct R50 billion towards relieving the plight of South Africans who are most affected by the Coronavirus (COVID-19) by temporarily increasing the child support grant for six months.

Over 1200 tankers bring water to the Free State

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In an effort to curb COVID-19 infections, the Department of Water and Sanitation (DWS) has dispersed 1265 tankers and 134 water trucks throughout the Free State province.

UIF pays out COVID-19 benefits to workers

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A total of 606 462 employees who have lost their income as a result of the lockdown imposed to mitigate against the spread of COVID-19 will receive their benefit from the Unemployment Insurance Fund (UIF).

NYDA relieves distressed youth-owned enterprises

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The National Youth Development Agency (NYDA) has launched the Youth Micro Enterprises Relief Fund (YMERF) aimed at assisting youth-owned enterprises, which might not qualify for other funds.