Johannesburg | As predicted by the Bureau for Economic Research (BER), by the middle of next year, the South African economy might be back to pre-Covid-19 levels. Revenues from taxes had reached a slightly higher level of R590 billion by the end of August, marking a 9.7 percent gain above the February budget’s target. Despite […]
Category: COVID-19
Standard Bank recognized amongst top banks in the world supporting SMEs during Covid-19 ~ Press Release
Johannesburg, 17 February 2021: Standard Bank has received global recognition for its efforts and best practice in delivering critical financial relief and support to its small- and medium-sized enterprise (SME) clients since the onset of the Covid- 19 pandemic. As the only financial services organisation in South Africa to be invited to participate as a […]
3 Tips to Stay Employable During Times of Uncertainty
It will take some time to fully understand the impact of COVID-19 and how severe they are. One certain thing, however, is that the labour market has been reshaped by this pandemic. The long-term economic impact of the coronavirus crisis is still unclear, but what is evident at this point is that job cuts, layoffs, […]
5 things you should and shouldn’t do when saving money during the COVID 19 crisis
Saving money gives us greater security in life, it gives us a contingency strategy for the rainy days. The only problem it’s not a rainy day, it’s a downpour. Coronavirus has pushed us into a situation which makes it impossible to think long term. If they were ever a time when it was justified to […]
All Standard Bank COVID-19 initiatives that benefit its customers
Standard Bank has implemented one of the most unique approaches in dealing with COVID-19. While the bank has offered basically what most banks are offering, Standard Bank has gone a notch higher. The bank recently launched a free digital learning course, to equip South Africans with the skills to effectively and responsibly find, evaluate, and […]
7 skills in demand to get a good job in South Africa 2021
A lot of people are wondering how life will be like after Covid19. While others are waiting, smart people are already preparing by advancing their skills and knowledge during this time. In this article we list 7 skills in demand that will likely help you get a well paying job. Taking up courses and developing skills in demand will help […]
LEVEL 5 LOCKDOWN IMPACT: Businesses are closing down
As the economy stutters into level four of the nationwide lockdown, most businesses in the formal sector feel that they cannot continue to operate, a survey has revealed. A rapid response survey conducted by Stats SA during level 5 lockdown has revealed that four in ten businesses interviewed were unwilling to re-open beyond COVID-19. Businesses […]
Unemployment rate to shoot up to 50%
South Africa’s rising unemployment rate has been a growing concern over the years. The COVID 19 cloud enveloping South Africa paints a very gloomy picture as millions of people stand to lose their jobs. Additionally, the depreciation of the rand exacerbates the already dire situation. According to economist Bradley Cooper, the unemployment rate is highly […]
All ABSA COVID-19 initiatives that benefit its customers
ABSA has stood out as one of the best banks committed to a broad range of relief mechanisms to support businesses and individuals during the Coronavirus crisis that is threatening the very essence of life world over. The bank has a payment relief plan, credit life, SAFT and a host of covers to help its […]
7 Personal finance tips after COVID-19
Not everyone has access to a financial advisor or has knowledge enough to guide them through economic hardships. Covid-19 is somewhat a huge challenge to the medical society and as a result economies are suffering. No doctor or medical society should be blamed for this outbreak. The virus is sophisticated and new. While researchers are […]