All you need to know about R500bn Covid-19 support package

Having problems reading this email? View web version 22 Apr 2020 All you need to know about R500bn Covid-19 support package President Cyril Ramaphosa has announced an extraordinary R500 billion support package to stimulate the economy and protect millions of South Africans from hunger and social distress during the Covid-19 pandemic. This is how SA's R500bn relief package will be spent President Cyril Ramaphosa said R130bn of the required R500bn would be sourced from reprioritizing the budget, while the remaining R370bn would be sourced from the UIF, IMF, World Bank, African Development Bank and the New Development Bank, among other institutions. LIVE BLOG: Coronavirus lockdown in SA President Cyril Ramaphosa declared lockdown starting from midnight on Thursday to prevent the spread of Covid-19, follow our live blog for all the latest information. Fruit worker may have contracted Covid-19 after attending Khayelitsha.funeral It has been claimed that after the Ceres Fruit Growers employee tested positive for Covid-19, she continued working and was only later placed in isolation. BUSINESS More from Business Report A look into the future of the commercial property market       Covid-19: UIF will pay for annual leave during lockdown       Life Healthcare earnings expected to fall     SPORT More from Sport Langeveldt pleased with new talent coming through in SA cricket       Berlin Marathon will not go ahead in September due to pandemic       LIVE: 'eBafana Bafana' participate in Fifa's eNations Stay and Play Cup       SA Rugby also fighting for survival because of Covid-19, says Jurie Roux     ENTERTAINMENT More from Entertainment Robert Pattinson's 'The Batman' pushed to Oct 2021       Centre for Jazz to host their 3rd online concert amid lockdown       Cassper Nyovest shares how he fixed his relationship with DJ Maphorisa       Tweeps want Somizi to spill the tea on upcoming 'Fellow South Africans' address     LIFESTYLE More from Lifestyle You may want to keep fit during lockdown but there is such a thing as over-training       5 hacks for freezing and preserving dairy products       Chrissy Teigen gets defensive after fans question her chicken n dumplin dish       Demi Lovato stops letting her weight control her life     AFRICA More from Africa Unpacking the Breaking the Cycle of Crime initiative       A Fraud-fighting First in South Africa       The Best Africa Has To Offer In Conference Venues     MOTORING More from Motoring The 2020 South African Car of the Year is...       Ford EcoSport range gets spec upgrade, cheaper auto model       F1 should bail out smaller teams if need be, says Red Bull boss       Immaculate 2018 VW Tiguan Allspace 1.4TSI Trendline for sale     EISH! More from Eish Mzansi fears another 'fellow South Africans' address by President Cyril Ramaphosa       Russian artist self-isolates in gallery, with just a canary for company       Wash your hands after sex, even the virtual kind, says doctor       PICS: Finnish baker's toilet roll cakes keep profits rolling in     TRAVEL More from Travel Spier wins gold at Inspirational Africa Responsible Tourism Awards       6 off-the-grid SA destinations to add to your post-lockdown bucket list       A celebration of SA's creativity, compassion, ingenuity and resilience       Plenty of history, architecture and hidden spots on 012central city walk tours     OPINION More from Opinion Let's all blow the whistle on lockdown lawbreakers       Online learning punishes the poor       The USA needs friends, not more enemies, to escape its rising Covid-19 death toll       Food parcel corruption claims must be probed     WORLD More from World Missouri sues China over coronavirus pandemic       Nine dead in shooting spree in Lebanon mountain town       US monitors reports of North Korean leader's illness; South Korea, China doubtful       Citing Covid-19pandemic, Trump says he will halt immigration as Georgia plans partial reopening     MULTIMEDIA More from Multimedia WATCH: Celine Dion tell fans to 'do your part and stay at home' Government Employees Medical Scheme to spend R 900 million on Covid-19 WATCH: SA Car of the Year winner to be announced at 3pm today For updates throughout the day, follow us on You're receiving this email because you're a subscriber to IOL Daily News Newsletter. Manage your emails | Unsubscribe here Independent Media, Newspaper House, Cape Town, 8000 © 2020 Independent Media and affiliated companies. All rights reserved. Terms & Conditions.