Aurum TrustApr 6, 2020Lockdown: SARB Foresees 370 000 Initial Job Losses, 1 600 Business InsolvenciesEarly projections by the SARB are that the 21-day lockdown could see 370 000 job losses and 1 600 business insolvencies.
Aurum TrustApr 6, 20205 Government-Backed Financial Relief Measures that South African Businesses May not Know AboutSmall businesses can apply for debt relief from most of the major South African banks and several state programmes.
Aurum TrustMar 24, 2020SA Reserve Bank Catches the Quantitative Easing Bug as Covid-19 infects Economy, Bond MarketThe South African Reserve Bank has been infected with the quantitative easing bug, known in some ANC circles as ‘quantity easing'.