Jail time for up to 6 months, stiff fines for employers who flout Covid-19 mask rules; update on restrictions - CR

Loading player...
Employers have been asked to make a concerted effort to ensure compliance with rules aimed at curbing the spread of Covid-19 as SA gets close to hitting 1m Covid-19 positive cases. This was said by President Cyril Ramaphosa who has highlighted that the second wave will be worse than the first if strict regulations aren’t applied. In an effort to balance conserving jobs with lives, a nationwide lockdown has not been imposed, he said. Instead, holiday-makers in the Eastern Cape and Garden Route have had their plans curtailed, though beaches around the country will be no-go areas on public holidays. Stricter restrictions on the consumption of alcohol apply, too, though limited wine tasting and wine sales in the Western Cape will be allowed. Listen to the full announcement here on BizNews Radio - and read the details at BizNews.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
14 Dec 2020 2PM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min

The BizNews Edge: Economic warnings flash; Corporate giants mispriced; SpaceX tumbles

We explore a toughening economic climate as South African consumer confidence drops and central bank indicators flash red. Discover why the market is blindly punishing value, dragging down Sibanye Stillwater’s debt-free gold business despite solid restructuring plans. We also highlight Attacq’s resilient property portfolio and Steenkamp Kraal’s historic rare earth…
23 Jun 6AM 13 min