SA plans about R36bn worth of relief measures to support businesses and individuals affected by recent unrest and Covid-19 restrictions.
The largest component of the relief package is the reinstatement of a R350-a-month social relief grant until the end of March 2022, which will cost around R27bn. State insurer Sasria will get R4bn to help pay out claims related to the unrest and support via the Unemployment Insurance Fund will amount to roughly R5bn.Finance minister Tito Mboweni said his ministry would allocate more money to the police and military, and that Sasria would start paying out claims immediately.
Mogajane said he had spoken to investors to reassure them that the country's economic fundamentals were intact and reforms were happening. Zuma turned himself in to police late on July 7 to begin 15 months in jail for contempt of court, after defying an instruction to give evidence at an inquiry into corruption during his nine years in power until 2018.
Sporadic protests erupted in his home province after his imprisonment, before quickly escalating into an explosion of violence and destruction fuelled by the poverty and inequality that persist almost three decades after the end of apartheid. Zuma denies there was widespread corruption under his leadership and has asked the country's highest court to rescind his jail sentence.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SA hits 70,000 Covid-19 deaths, with 243 fatalities recorded in 24 hoursSA hit another devastating Covid-19 milestone on Monday night, with more than 70,000 fatalities recorded since the outbreak of the coronavirus in March last year.
Read more »
SA Covid-19 death toll passes 70 000 markOver 243 more people have succumb to the coronavirus in South Africa, taking the death toll over 70000.
Read more »
Covid-19 Update: SA records 5,683 new cases and 243 deathsGauteng continues to be the epicentre of the third wave leading with the majority of Covid-19 cases accounting for 27%.
Read more »
SA hits 70,000 Covid-19 deaths, with 243 fatalities recorded in 24 hoursThe National Institute for Communicable Diseases (NICD) said on Monday that there were 243 new Covid-19 related fatalities in the past 24 hours, taking the death toll to 70,018.
Read more »
Aspen Pharmacare to release J&J COVID-19 vaccines to SA on MondayIn a statement released on Monday, Aspen said that the vaccines would be distributed throughout the country and would also be made available for other African countries.
Read more »