The NAC has suspended its CEO and CFO after an investigation into alleged corruption and mismanagement of COVID-19 relief funds was launched.

The news will be a relief to card holders who may have been misled by unverified social media claims, which the Agency referred to as “misinformation.”

While the alcohol and hospitality industries struggle under the latest lockdown restrictions, Ramaphosa said there is no money for relief.

President Cyril Ramaphosa announced his economic recovery plan on Thursday, which has five main objectives

The COVID-19 pandemic is said to have cost the province 170 000 jobs

The United Kingdom said it was pleased to partner with South Africa and contribute towards its Solidarity Fund

Tourist guides are eligible for a payment of R1 500 per month for three months if they have not received any support elsewhere.

As of Monday 1 June, Labour Centres have opened to assist with queries regarding standard UIF benefits, as well as the COVID-19 TERS benefit.

After months of strife for SMMEs, the department of Small businesses has said that the initial application window will close on Saturday.

Government would have access to as much as $50m (R915m) from the World Bank and $4.2bn (over R70bn) from the IMF

President Cyril Ramaphosa, after much deliberation, decided on an economic stimulus package of R500 billion – 10% of the GDP.

Following what appears to be a well received meeting of minds, President Ramaphosa has reiterated that healthcare remains a priority.

New fund will assist small tour operators, restaurants, hotels, B&Bs and others hit by the travel ban and impending lockdown.