COVID-19 LIVE UPDATES | 'The biggest blunder in SA’s economic history': Floyd Shivambu on IMF loan

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Will SA's decision to get an IMF loan come back to bite us when we least expect it?

Nigeria will allow schools to reopen for pupils due to take graduation exams, a presidential aide said on Monday, reviving a plan dropped earlier this month due to rising cases of Covid-19.Thirsty throats were soothed on Monday when locals stole beer after a Castle Lite truck lost its load on the Mabopane highway in Gauteng.In some of the videos, police officials can be seen on sight as motorists and nearby residents rush to grab beers, despite the ban on alcohol during lockdown level 3.

The trend of undertakers mixing up dead bodies is on the uptick as strain on the sector increases with the steep rise in Covid-19 deaths. In the past two weeks, at least three families in the Buffalo City metro in the Eastern Cape have suffered a parlour or mortuary losing their loved one’s corpse or found themselves burying the wrong body.IRR welcomes IMF call for improved governance by SA after granting R70.6bn loan

The Institute of Race Relations has welcomed an unambiguous message by the International Monetary Fund in favour of “growth-enhancing structural reforms” in SA.The think-tank said the IMF made clear in its statement on Monday what it expected of the South African government.When given the choice, most employers who have had to make tough financial decisions amid the coronavirus pandemic have chosen pay cuts over retrenchments.

The company said these findings were based on a series of studies it conducted, aimed at understanding changes in the workplace since the start of the outbreak.

Source: Loan Digest (loandigest.net)

 

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