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South Africa’s unemployment rate climbed to a record in the fourth quarter as the economy was ravaged by Covid-19 lockdown restrictions, according to StatsSA.
Analysts have warned that South Africa’s loss of skilled and high earners could limit room to raise income taxes as Treasury seeks to plug a budget shortfall.
NASA has successfully landed a third explorer on Mars. The Perseverance carries a small drone which will explore the red planet.
‘Those who advocate against being vaccinated on spurious grounds, will actively harm – and kill – other people’, says Ivo Vegter.
A strange and somewhat heretical thought hit me recently: what, if any, is the value of (corporate) strategy?
Martin van Staden unpicks the legal details of SA’s Covid rules – like the beach ban – and why government has overstepped the mark on our liberty.
BizNews readers are questioning the hype around the news that billionaire Johann Rupert received a dose of a Covid-19 vaccine in Switzerland.
‘To be in a better position to procure anti-pandemic vaccines South Africa will need to have greater vaccine manufacturing capacity’.
‘The pandemic will ultimately pass, but its impact will be severe and long-lasting’, warns Terence Corrigan, project manager at the IRR.
‘SA may face months more of lockdowns, further resurgences and increasing isolation as other countries race ahead with inoculations’.