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The president on Tuesday evening announced a bold R500 billion stimulus package to keep the South African economy afloat as the country wages a war against the spread of the coronavirus pandemic. President Cyril Ramaphosa addresses the nation on COVID-19 on 9 April 2020. JOHANNESBURG - There are concerns about how President Cyril Ramaphosa ’s stimulus package would be guarded against corruption. The president on Tuesday evening announced a bold R500 billion stimulus package to keep the South African economy afloat as the country wages a war against the spread of the coronavirus (COVID-19) pandemic . The sum, which equals 10% of the country’s gross domestic product, would be split among several programmes aimed at helping businesses, poor people, and municipalities, among others. Political analyst Professor Somadoda Fikeni said measures announced by the president were un

President Cyril Ramaphosa announced an unprecedented R500 billion social and economic support package to mitigate the impact of the coronavirus pandemic on Tuesday evening. The stimulus package comes to some 10% of the country's GDP, he said. Speaking in a televised address to provide an update on a special Cabinet meeting held last week, Ramaphosa said R130 billion of the amount will be supported by reprioritising funds from South Africa's existing Budget, with Finance Minister Tito Mboweni set to announce the adjustment budget in due course. The rest would need to be funded externally, the president said, with organisations such as the World Bank, the Brics Bank and the International Monetary Fund having been approached. The support package includes the following major interventions. R200 billion loan scheme with major banks While existing measures have been giving relief to many companies and workers, "it is clear that there is a far grea

The president’s address follows a Cabinet meeting on Monday that discussed ways to strengthen the country’s socio-economic recovery plan. President Cyril Ramaphosa is expected to address the nation on Tuesday evening on additional economic and social relief measures that form part of the national response to the coronavirus (COVID-19) pandemic . The president’s address follows a Cabinet meeting on Monday that discussed ways to strengthen the country’s socio-economic recovery plan. All Cabinet clusters were asked to work together to come up with a single document outlining the key priorities of South Africa’s plan to help citizens and businesses survive the crisis. “The President’s address flows from recent deliberations at Cabinet, the National Coronavirus Command Council, the President’s Coordinating Council, and the National Economic Development and La

Media Release 19 April 2020 As at today, the total number of confirmed COVID-19 cases in South Africa is 3158. The total number of tests conducted to date is 114 711. The provincial breakdown is as follows: GAUTENG 1148 WESTERN CAPE 868 KWAZULU – NATAL 617 EASTERN CAPE 293 FREE STATE 100 LIMPOPO 27 NORTH WEST 24 MPUMALANGA 23 NORTHERN CAPE 16 UNALLOCATED 42 REPORTING OF CONFIRMED DEATHS Today we regrettably report 2 more COVID-19 related deaths. Similar to yesterday, these are from KwaZulu-Natal and the Western Cape. This brings the total death toll to 54 today. We convey our condolences to the families and also appreciate the committed health workers who were treating the deceased patients. Dr Zwelini Mkhize Minister of Health Ends… Update on Covid-19 (20th April 2020) From the desk of the President (20th April 2020) COVID-19 UIF PROCESS & FAQ’s Update on Covid-19 (18th April 2020)

Cases overview South Africa Confirmed 3 300         Recovered         1 055        Deaths        58 Worldwide Confirmed 2 478 634         Recovered         651 736        Deaths        170 389 More statistics Updated less than 30 mins ago · Source: Wikipedia · About this data