Lockdown diaries - COVID-19 matters!

What are you going to be doing during the lockdown?

  • At home. I’m non essential

    Votes: 70 41.2%
  • Working. The virus doesn’t scare me

    Votes: 41 24.1%
  • On standby

    Votes: 10 5.9%
  • Working from home. Too essential to take any risk!

    Votes: 66 38.8%

  • Total voters
    170
  • Poll closed .
''The warnings of a second wave of infections come as South Africa continues to open up the economy under lockdown level 1, while several European nations are seeing a major spike in new cases – some with higher infection rates than during the first wave.

However, one trend that is prevalent among these countries is that despite the higher number of infections, the death rate is lower.''
https://businesstech.co.za/news/gov...ctions-in-south-africa/?utm_source=newsletter
 
Fears that government will use COVID-19 relief funds to bail out SAA

Jamie McKane27 September 2020

The government will be forced to appropriate funds from other initiatives to help fund the R10.4-billion it has promised to the funding of a “New SAA”, according to a report by the Sunday Times.

The report said there are concerns that the government may decide to use funds earmarked for youth unemployment schemes as part of President Ramaphosa’s COVID-19 relief package.
https://mybroadband.co.za/news/gove...se-covid-19-relief-funds-to-bail-out-saa.html
 
Fears that government will use COVID-19 relief funds to bail out SAA

Jamie McKane27 September 2020

The government will be forced to appropriate funds from other initiatives to help fund the R10.4-billion it has promised to the funding of a “New SAA”, according to a report by the Sunday Times.

The report said there are concerns that the government may decide to use funds earmarked for youth unemployment schemes as part of President Ramaphosa’s COVID-19 relief package.
https://mybroadband.co.za/news/gove...se-covid-19-relief-funds-to-bail-out-saa.html
I heard it was a private entity taking over. My source might have heard wrong.
 

SA Post Office is so broke it can't even pay people to work there. We no longer have a Post Office here, because for the past year almost, they haven't paid the woman who was running it. She has now closed the doors, refusing to open until they pay her. The same thing happened to the previous woman - and the one before her.

The postal boxes are, of course, still there, but no post gets delivered. For those who still receive snail-mail, this is a problem because we don't have house postal deliveries here.

Other than snail-mail, it doesn't make much difference that the P.O. is closed. Their computer was never linked to the P.O.'s system (if they have one!) and they never had any stamps.

However, where we truly do feel the loss, is that the woman who ran it sold home-baked goodies there and they were delicious!!
 
Why house prices in South Africa could see a big shake-up over the next year

“Even during the lockdown, those who had jobs and were likely to stay employed – like all the essential services providers – started just flooding into the market and by July, bond originators like BetterBond were reporting that up to 70% of their new bond applications were coming from young, first-time buyers.”
https://businesstech.co.za/news/pro...r-the-next-year-expert/?utm_source=newsletter
 
South Africa’s scary unemployment figures are coming
[A couple of us are in the statistics already]

South Africa is forecast to set an unwelcome world record this week when its statistics agency is predicted to report unemployment rose to a record 34.8% in the second quarter, which would be the highest of 83 countries tracked by Bloomberg.

“A lot of the mismatch that we see between government solutions and the problems that we have is because government is making policy for an economy that doesn’t exist,” said Sithembile Mbete, a senior lecturer in political studies at the University of Pretoria.
https://businesstech.co.za/news/bus...ent-figures-are-coming/?utm_source=newsletter
 
One graph that shows how lockdown decimated restaurants and food services in South Africa

In Stats SA’s latest breakdown for the food and beverages industry, restaurants, take-aways, cafés and catering services saw declines of up to 100% over the three months to July 2020, with zero sales recorded for restaurants in April – when hard lockdown was in full effect.

https://businesstech.co.za/news/bus...estaurants-and-food-services-in-south-africa/
 
One graph that shows how lockdown decimated restaurants and food services in South Africa

In Stats SA’s latest breakdown for the food and beverages industry, restaurants, take-aways, cafés and catering services saw declines of up to 100% over the three months to July 2020, with zero sales recorded for restaurants in April – when hard lockdown was in full effect.

https://businesstech.co.za/news/bus...estaurants-and-food-services-in-south-africa/

Yep I was thinking today this Corona thing is a way for them to not call it a recession so people don't trip.
 
Load-shedding expected to continue for years
https://mybroadband.co.za/news/ener...ng-in-south-africa.html?utm_source=newsletter
Research by the Council for Scientific and Industrial Research (CSIR) warned that South Africa should brace itself for exponential increases to load-shedding until 2022.
“Not only will load-shedding continue over the next few years – it will get significantly worse,” said Dr Jarrad Wright and Joanne Calitz of the CSIR.

 
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