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SA unveils R38-billion relief for COVID-19, unrest

SA unveils R38-billion relief for COVID-19, unrest

ALEXANDER WINNING and WENDELL ROELF SOUTH Africa plans about R38-billion of relief measures to support businesses and individuals affected by recent unrest and COVID-19 restrictions, the finance ministry has announced. The interventions would be funded by better government revenues and by shifting around some spending, senior officials told a news conference, expanding on measures announced by President Cyril Ramaphosa on Sunday. Ramaphosa tightened lockdown restrictions at the end of June as coronavirus cases spiked, but he eased them on Sunday as the peak of a "third wave" appeared to have passed. His government's economic recovery drive was dealt a major…
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