Dr Nkosazana Dlamini-Zuma says SA has managed to flatten the Covid-19 curve but restrictions will remain in place until it has been sustained.By Jackie CameronAs of Thursday, more than 25 500 people had tested positive for Covid-19 and more than 550 people had died of the disease. Dr Nkosazana Dlami
By Jackie CameronSouth Africa stands to lose five years of potential economic output as a result of the shock from the coronavirus pandemic and measures to curb its spread, warns the Reserve Bank’s lead economist. Bloomberg reports that economic growth projections have deteriorated after the governm
By Jackie CameronSAA is set to take off again. It aims to resume domestic flights between Johannesburg and Cape Town from mid-June, it said on Tuesday. SAA, which is under a form of bankruptcy protection after guzzling taxpayers funds for a decade, suspended all commercial passenger flights in late
Global tech entrepreneur Elon Musk - founder of electric car manufacturer Tesla - is getting set for another historical step in his business journey.By Jackie CameronSouth Africa’s most successful global tech entrepreneur Elon Musk – founder of electric car manufacturer Tesla is getting set for anot
By Jackie CameronSouth Africa’s strict lockdown measures are set to ease significantly in June 2020, with many allowed to go back to work and buy alcohol. But special task teams will monitor areas that have been declared hot spots, which includes the major city centres around South Africa. Borders w
Olympic swimming gold medalist Ryk Neethling now finds himself in the vineyards caught between Stellenbosch, Franschoek and Paarl. He’s the marketing director and a shareholder of Val de Vie. In this podcast with Biznews publisher Alec Hogg, Neethling discusses a new retirement village, which is rig
It’s a global phenomenon that people are living longer and longer. And while the demand for retirement villages is growing, the supply is not growing at the same pace. To help fill the gap in this market, the multi-award-winning Val de Vie luxury estate between Stellenbosch, Paarl and Franschhoek in
The IMF says SA is resilient enough to overcome the impact of Covid-19 as long as it recalibrates its policies toward economic growth post the crisis.By Jackie CameronSouth Africa is resilient enough to overcome the impact of the coronavirus pandemic as long as its policies are recalibrated toward e
Many of the richest people around the world have built – and lost – fortunes in luxury property development. In South Africa, Martin Venter is the brains behind the hugely successful Val de Vie Estate, which features distinctive homes set against majestic mountains and offering a vast array of facil
By Jackie CameronThe new coronavirus marked another grim milestone with the number of people infected with Covid-19 reaching 2 million people worldwide, and just over 2,500 in SA. Another seven deaths have been reported, mostly in KwaZulu-Natal where a second Netcare facility has been shut following
The SA Reserve Bank cut its benchmark interest rate to a record low. That follows projections that the country will plunge even deeper into recession. By Jackie CameronSouth Africa’s central bank has cut its benchmark interest rate to a record low. That follows projections that the country will plun
Last week, Cyril Ramaphosa announced that he and his fellow ministers would be giving up one-third of their salaries for the next three months.By Jackie CameronThere were 2,173 Covid-19 cases and 25 deaths from the disease in SA as of late Monday, according to the Johns Hopkins University’s coronavi
President Ramaphosa has placed the Minister Stella Ndabeni-Abrahams on special leave for violating lockdown regulations and ordered her to apologise to SA.By Jackie CameronPresident Cyril Ramaphosa has placed the Minister of Communications and Digital Technologies, Stella Ndabeni-Abrahams, on specia
By Jackie CameronAs of late Tuesday, the total number of confirmed #COVID19 cases in South Africa stands at 1,749, with 13 reported deaths. That’s according to Minister of Health Dr Zweli Mkhize who said, on Twitter, that the latest reported victim was a male who had stage 4 prostate cancer at Parkl
By Jackie Cameron The total number of confirmed COVID-19 cases was 1,655 as of Monday 6 April, with 11 deaths reported to SA authorities. This is an increase of 70 from the previously reported cases, with Gauteng reporting the highest number, at 704, and the Western Cape at 454. The two recently rep
Frank Guthrie says that although Covid-19 has been a major shock to the world, the reality is that certainty is always an illusion, perhaps even a delusion.When you work for an employer in a full-time job with a permanent contract it’s easy to be lulled into a false sense of security that you have a
By Jackie CameronA rush by worried South African shoppers to stock up on food and vital supplies spurred sharp gains in Johannesburg retail stocks Tuesday, after President Cyril Ramaphosa declared a national disaster because of the coronavirus outbreak. Shoprite Holdings, Africa’s largest grocer, ju
By Jackie CameronSouth Africa’s benchmark stock index plummeted the most on record after President Cyril Ramaphosa’s declaration of a national state of disaster over the coronavirus outbreak, reports Bloomberg. The president announced tough measures Sunday to stem the spread of the virus locally, in
By Linda van TilburgThe government has announced strict measures to combat the spread of the coronavirus in South Africa. It comes as the official figure of positive cases rose to 61. The measures announced by President Cyril Ramaphosa include travel bans on foreign nationals from Italy, Iran, South
The JSE lost almost 10% of its value yesterday, which is the worst crash since 1997, but it is not the only stock exchange that have been hit by coronavirus fears. By Linda van TilburgThe Johannesburg Stock Exchange lost almost 10% of its value yesterday, which is the worst crash since 1997. The All
The Stealthy Wealth blogger is on a 15 year mission to early retirment. It’s not an easy path but he’s into the second year of his 2030 plan. In his latest contribution, he sets out the ten steps to early retirement and financial freedom. It’s a tale of sacrifice. – Stuart LowmanBy SW*Even though th
This content is brought to you by Liberty Corporate*By Arno Loots*Choosing to leave a job is a tough decision. It is usually a long-drawn out process, where one must make life-altering choices for difficult questions. One of the most pressing concerns an employee has to think about is their retireme
The joy of kids can often be overshadowed by future costs. And while the budget may factor in daily living expenses what happens when they turn 18? And a big amount is needed for University, an overseas adventure or just life as a post Matric, how will you afford it? The stealthy wealth blogger, who
Quantitative easing might have saved the world from an economic meltdown, but it also flicked the switch on a pension fund time bomb. And with politicians and bureaucrats reluctant to face the tough reality, even those who see what is looming are being prevented from acting now to reduce the future