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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessSA Moves to Adjusted Level 3 Lockdown, R350 Income Grant Reinstated
LOCAL NEWS
- SA reduces restrictions – moving to adjusted level 3 on Sunday as Ramaphosa says the third wave may have peaked.
- Alcohol sales re-opened on weekdays, movement between provinces allowed again and curfew moved an hour later to 10pm.
- Ramaphosa also said that the vaccination rate would increase substantially in the coming weeks
- Ramaphosa also reinstated the R350 social relief grant to run until end-March 2022 to support the recovery.
- Also noted that businesses hit by looting, riots and covid restrictions would receive support for Govt including tax breaks
- Economists warn however, that this will exacerbate debt:GDP metics, see the tax base shrink further and may even boost unemployment
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.