Lockdown extended for another two weeks, takes pay cut - President Cyril Ramaphosa

Loading player...
President Cyril Ramaphosa announced tonight that 21-days of lockdown to contain the spread of Covid-19 is going to be extended for another two weeks. He said the lockdown has definitely slowed down the spread of the virus and ending it too soon would risk an uncontrollable resurgence of the disease. Ramaphosa also announced that he, the deputy-president, cabinet and premiers would be taking a salary cut of a third of their pay which will be paid into the Solidarity Fund. He challenged other senior office bearers and the private sector to do the same. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Apr 2020 2PM English South Africa Investing · Business News

Other recent episodes

Boardroom Talk: Fresh West Coast oil strike a reminder of SA's worst own goal

In this Boardroom Talk podcast, BizNews editor Alec Hogg details how South Africa is sitting on extraordinary oil and gas potential just as the world searches for safer energy sources beyond the volatile Middle East. Using fresh discoveries in the Republic of Congo and Namibia as examples, he makes the…
13 Apr 5AM 21 min

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min