<h2 class="wp-block-heading" id="h-topline">Topline</h2>



Donald Trump announced Saturday he would impose a 100% tariff on BRICS nations if they try to replace the dollar in international trade, impacting a group of major developing economies whose members include Russia, India, China and Iran, among others, marking the latest threats by the president-elect to impose tariffs on imports from several countries.



<h2 class="wp-block-heading" id="h-key-facts">Key Facts</h2>



In a&nbsp;<a href="https://truthsocial.com/@realDonaldTrump/posts/113573130299319701" rel="noreferrer noopener" target="_blank">post</a>&nbsp;on Truth Social, Trump said the 100% tariff would affect all BRICS countries—Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia and the United Arab Emirates—until they commit to not creating a new BRICS currency or back another currency that could replace the “mighty” dollar.



Brazilian President Inacio Luiz&nbsp;<a href="https://www.bloomberg.com/news/articles/2023-04-13/lula-supports-brics-currency-to-replace-dollar-in-foreign-trade?leadSource=uverify%20wall" rel="noreferrer noopener" target="_blank">called on</a>&nbsp;BRICS nations to develop an alternative to the dollar in foreign trade last year, arguing countries that don’t use the dollar should not be forced to use the currency, while&nbsp;<a href="https://www.reuters.com/markets/currencies/what-is-brics-currency-could-one-be-adopted-2023-08-23/" rel="noreferrer noopener" target="_blank">suggesting</a>&nbsp;a new BRICS-supported currency “increases our payment options and reduces our vulnerabilities.”



There is “no chance” BRICS could replace the dollar in international trade, and any country that tries to do so should “wave goodbye to America,” Trump said.



<h2 class="wp-block-heading" id="h-crucial-quote">Crucial Quote</h2>



“The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is OVER,” Trump wrote, adding the nations “should expect to say goodbye to selling into the wonderful U.S. economy.”


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<figure class="aligncenter size-full"><img loading="lazy" decoding="async" width="1024" height="683" src="https://cms.forbesafrica.com/wp-content/uploads/2024/11/GettyImages-2183216841.jpg" alt="" class="wp-image-63584" srcset="https://cms.forbesafrica.com/wp-content/uploads/2024/11/GettyImages-2183216841.jpg 1024w, https://cms.forbesafrica.com/wp-content/uploads/2024/11/GettyImages-2183216841-300x200.jpg 300w, https://cms.forbesafrica.com/wp-content/uploads/2024/11/GettyImages-2183216841-768x512.jpg 768w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">(Photo by Chip Somodevilla/Getty Images)</figcaption></figure></div>


<h2 class="wp-block-heading" id="h-key-background">Key Background</h2>



Trump’s proposed tariffs on imports from BRICS nations is his latest economic threat in recent weeks. BRICS was founded as an informal international group in 2006 by Brazil, Russia, India and China, though its membership&nbsp;<a href="https://infobrics.org/page/history-of-brics/" rel="noreferrer noopener" target="_blank">expanded</a>&nbsp;to more nations with “reflecting common stances on topical global development issues,” according to the organization. The group has increasingly called for reduced dependence on the U.S. as it aims to establish new financial organizations. Earlier this month, Trump announced a 10% tariff on Chinese goods and a 25% tariff on all products from Mexico and Canada, which he said would remain until the three nations curb the flow of fentanyl into the U.S. and migrants. Trump has claimed the tariffs would protect American jobs, though&nbsp;<a href="https://www.forbes.com/sites/alisondurkee/2024/09/10/will-trumps-tariffs-raise-prices-what-to-know-as-kamala-harris-slams-policy-at-debate/">experts</a>&nbsp;have claimed his proposed tariffs could substantially raise prices for American consumers. During his first administration, Trump launched a trade war with China after imposing tariffs that targeted $200 billion worth of Chinese imports.



<h2 class="wp-block-heading" id="h-tangent">Tangent</h2>



Canadian Prime Minister Justin Trudeau said Saturday he had an “excellent conversation” with Trump after he threatened Canada with tariffs. The pair had a “positive wide-ranging dinner” with topics that included trade, border security, Ukraine and China, among others, <a href="https://apnews.com/article/trudeau-trump-canada-tariffs-mexico-border-e0ee7f9b3dddc80d1260585c11869fff" target="_blank" rel="noreferrer noopener">according</a> to the Associated Press. President Claudia Sheinbaum <a href="https://www.forbes.com/sites/tylerroush/2024/11/26/mexico-could-hit-us-with-tariffs-in-retaliation-for-trumps-threats-president-suggests/">suggested</a> earlier this week Mexico would impose tariffs on the U.S. in response to Trump’s tariff proposals. Sheinbaum said she would be meeting with Trump “soon.”

Brics Summit in Johannesburg, South Africa August 22-24, 2023

Donald Trump Threatens BRICS Countries—Including Russia, India—With 100% Tariffs

South Africa’s President Cyril Ramaphosa addressed the nation announcing that the government will further ease the country&#8217;s lockdown restrictions.



Restaurants, beauty salons, cinemas are among the businesses that will be allowed to operate again in South Africa.



The country is still on lockdown ‘Level 3’ of the government&#8217;s “risk adjusted strategy”.



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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">South Africa remains at lockdown level 3, but additional sectors of our economy will now be allowed to reopen – as long as strict measures are in place to ensure physical distancing &amp; personal hygiene. <a href="https://twitter.com/hashtag/COVID19?src=hash&amp;ref_src=twsrc%5Etfw">#COVID19</a> <a href="https://t.co/lyNAqCUOdv">pic.twitter.com/lyNAqCUOdv</a>&mdash; The Presidency 🇿🇦 (@PresidencyZA) <a href="https://twitter.com/PresidencyZA/status/1273319508019724288?ref_src=twsrc%5Etfw">June 17, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Containing COVID-19 is our collective responsibility. As we cautiously ease lockdown restrictions, it is vital that South Africans remain engaged, co-operate with others &amp; observe the regulations in place to protect public health. <a href="https://twitter.com/hashtag/COVID19?src=hash&amp;ref_src=twsrc%5Etfw">#COVID19</a> <a href="https://t.co/aVP2gHUiSv">pic.twitter.com/aVP2gHUiSv</a>&mdash; The Presidency 🇿🇦 (@PresidencyZA) <a href="https://twitter.com/PresidencyZA/status/1273321633491628033?ref_src=twsrc%5Etfw">June 17, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As more sectors of our economy reopen, our continued success in curbing the rate of COVID-19 infections depends on responsible behaviour. Social distancing, the use of masks &amp; certain restrictions on movement must remain part of our daily lives. <a href="https://twitter.com/hashtag/COVID19?src=hash&amp;ref_src=twsrc%5Etfw">#COVID19</a> <a href="https://t.co/Rh9u5Btjhd">pic.twitter.com/Rh9u5Btjhd</a>&mdash; The Presidency 🇿🇦 (@PresidencyZA) <a href="https://twitter.com/PresidencyZA/status/1273321971607113728?ref_src=twsrc%5Etfw">June 17, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Restrictions on most public gatherings will remain in place at this stage of the lockdown to protect the community and reduce the spread of <a href="https://twitter.com/hashtag/COVID19?src=hash&amp;ref_src=twsrc%5Etfw">#COVID19</a> infection. <a href="https://t.co/FZ59w3TdGn">pic.twitter.com/FZ59w3TdGn</a>&mdash; The Presidency 🇿🇦 (@PresidencyZA) <a href="https://twitter.com/PresidencyZA/status/1273322726464372736?ref_src=twsrc%5Etfw">June 17, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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President Ramaphosa also spoke on the gender based violence in the country. 



&#8220;It is with the heaviest of hearts that I stand before the women and the girls of South Africa this evening to talk about another pandemic that is raging in our country. The killing of women and children by the men of our country. As a man, as a husband, and as a father to daughters, I am appalled at what is no less than a war that is being waged against the women and the children of our country,&#8221; says Ramaphosa. 



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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">President <a href="https://twitter.com/CyrilRamaphosa?ref_src=twsrc%5Etfw">@CyrilRamaphosa</a> is addressing South Africans tonight as our country continues to fight the coronavirus. A critical focus for government at this time is on our effort to protect girls &amp; women from sexual &amp; gender-based violence during this outbreak. <a href="https://twitter.com/hashtag/COVID19?src=hash&amp;ref_src=twsrc%5Etfw">#COVID19</a> <a href="https://t.co/P48Pcz0R6H">pic.twitter.com/P48Pcz0R6H</a>&mdash; The Presidency 🇿🇦 (@PresidencyZA) <a href="https://twitter.com/PresidencyZA/status/1273323699236732931?ref_src=twsrc%5Etfw">June 17, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Watch below:



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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">President <a href="https://twitter.com/CyrilRamaphosa?ref_src=twsrc%5Etfw">@CyrilRamaphosa</a> addresses the nation on South Africa&#39;s risk-adjusted strategy to managing the spread of <a href="https://twitter.com/hashtag/CoronaVirusSA?src=hash&amp;ref_src=twsrc%5Etfw">#CoronaVirusSA</a> <a href="https://twitter.com/hashtag/Level3?src=hash&amp;ref_src=twsrc%5Etfw">#Level3</a> <a href="https://t.co/W8sAT1Z4f0">https://t.co/W8sAT1Z4f0</a>&mdash; The Presidency 🇿🇦 (@PresidencyZA) <a href="https://twitter.com/PresidencyZA/status/1273314734071111680?ref_src=twsrc%5Etfw">June 17, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Ramaphosa new

Covid-19: Restaurants, Beauty Salons, Cinemas Among Businesses That Will Operate Again In South Africa As Ramaphosa Announces Eased Lockdown Restrictions

Ramaphosa

The Sale Of Alcohol Will Be Allowed In South Africa As Country Moves To Level 3 Of Lockdown On 1st June, Cigarettes Still Prohibited

#Coronavirus: Ramaphosa Says ‘Kissing A Thing Of The Past’ As He Announces Level 3 For Most Of South Africa At The End Of May

While addressing the nation, South Africa&#8217;s President Cyril Ramaphosa announced an implementation of a &#8220;risk adjusted strategy&#8221; through which the government will &#8220;take a deliberate and cautious approach to the easing of current lockdown restrictions&#8221;. 



Ramaphosa announced the country will begin a gradual and phased recovery of economic activity. The president further stated that there will be a national level and separate levels for each province, district and metro in the country to &#8220;ensure that our response to the pandemic can be as precise and targeted as possible&#8221;. 



The country is currently at Level 5, which the president says &#8220;requires a full national lockdown to contain the spread of the virus&#8221;. This will end at the end of April. Level 4 will begin on May 1st. 



Levels explained below:



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="1024" src="https://www.forbesafrica.com/wp-content/uploads/2020/04/levels-1024x1024.jpg" alt="" class="wp-image-44618" srcset="https://cms.forbesafrica.com/wp-content/uploads/2020/04/levels.jpg 1024w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/levels-300x300.jpg 300w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/levels-100x100.jpg 100w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/levels-600x600.jpg 600w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/levels-150x150.jpg 150w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/levels-768x768.jpg 768w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/levels-80x80.jpg 80w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></figure>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="1024" src="https://www.forbesafrica.com/wp-content/uploads/2020/04/alert-system-1024x1024.jpg" alt="" class="wp-image-44623" srcset="https://cms.forbesafrica.com/wp-content/uploads/2020/04/alert-system-1024x1024.jpg 1024w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/alert-system-300x300.jpg 300w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/alert-system-100x100.jpg 100w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/alert-system-600x600.jpg 600w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/alert-system-150x150.jpg 150w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/alert-system-768x768.jpg 768w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/alert-system-80x80.jpg 80w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/alert-system.jpg 1200w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></figure>



Read the full speech below:



STATEMENT BY PRESIDENT CYRIL RAMAPHOSA ON SOUTH AFRICA’S RESPONSE TO THE CORONAVIRUS PANDEMIC, UNION BUILDINGS, TSHWANE



My Fellow South Africans,



It has been exactly seven weeks since the first case of the coronavirus was confirmed in our country.



Since then, all our lives have changed in fundamental ways.



As a nation we have been forced to take aggressive action against an invisible enemy that threatened our lives and the lives of our loved ones.



We have been forced to adapt to a new way of living, in a short space of time.



As we enter the fifth week of an unprecedented nation-wide lockdown – and as we look to the future – we should remember why we are here.



The novel coronavirus, which was identified in the Chinese city of Wuhan in December last year, has spread rapidly across the world.



To date, over 2.6 million confirmed cases have been reported worldwide.



The actual number of people infected is likely to be far higher.



The coronavirus causes the disease known as COVID-19, a respiratory illness for which humans currently have no immunity and for which there is no known cure.



The coronavirus is passed from person to person in small droplets from the nose and mouth that can be transmitted by direct contact, on surfaces we touch or when an infected person coughs or sneezes when they are close to another person.



Most infected people exhibit only mild symptoms; some do not show any symptoms at all.



But there are people who develop severe symptoms and require hospitalisation.



These are usually older people and those who suffer from underlying conditions such as heart disease, diabetes, chronic respiratory disease and cancer.



For some of these people, COVID-19 is fatal.



Across the world, more than 185,000 people have succumbed to the disease.



Here in South Africa, at least 75 people have lost their lives.



Because the coronavirus can spread so rapidly through a population, it can overwhelm even the best-resourced health system within a matter of weeks.



This is what has occurred in many countries across the world, and it is precisely what we, as South Africa, have gone to great lengths to prevent.



Very few health systems across the world – if any – are prepared for a sudden and exponential increase in people requiring treatment for a severe respiratory illness.



As a result, if the virus spreads too quickly, there are not enough hospital beds, intensive care units, ventilators, personal protection equipment or medicine for everyone who needs them.



To make matters worse, people who are suffering from other conditions or need emergency procedures are unable to get the care they need.



And in such circumstances, many lives that could have been saved, are lost.



I am reiterating these basic facts – which by now are probably familiar to many of you – because they explain the actions we have taken to date and they inform the measures I am announcing this evening.



From the moment we declared the coronavirus pandemic to be a national disaster on Sunday 15 March, our objective was to delay the spread of the virus.



We have sought to avoid a massive surge in infections and an uncontrollable increase in the number of people needing medical care.



Our approach has been based on the principles of social distancing, restriction of movement and stringent basic hygiene practices.



By delaying the spread of the virus, we have had time to prepare our health facilities and mobilise some of the essential medical supplies needed to meet the inevitable increase in infections.



And it is in so doing, that we hope to save tens of thousands of lives.



There is clear evidence that the lockdown has been working.



Together with the other measures we have taken – such as closing our borders – and the changes in behaviour that each of us has made, the lockdown has slowed the progression of the pandemic in the country.



The World Health Organization has commended South Africa for acting swiftly and for following scientific advice to delay the spread of the virus.



Yet, while a nation-wide lockdown is probably the most effective means to contain the spread of the coronavirus, it cannot be sustained indefinitely.



Our people need to eat. They need to earn a living. Companies need to be able to produce and to trade, they need to generate revenue and keep their employees in employment.



We have accordingly decided that beyond Thursday 30 April, we should begin a gradual and phased recovery of economic activity.



We will implement a risk adjusted strategy through which we take a deliberate and cautious approach to the easing of current lockdown restrictions.



We have decided on this approach because there is still much that is unknown about the rate and manner of the spread of the virus within our population.



The action we take now must therefore be measured and incremental.



This approach is guided by the advice from scientists who have advised that an abrupt and uncontrolled lifting of restrictions could cause a massive resurgence in infections.



We cannot take action today that we will deeply regret tomorrow.



We must avoid a rushed re-opening that could risk a spread, which would need to be followed by another hard lockdown, as has happened in other countries.



We have to balance the need to resume economic activity with the imperative to contain the virus and save lives.



To achieve this, we have developed an approach that determines the measures we should have in place based on the direction of the pandemic in our country.



As part of this approach, there will be five coronavirus levels:



Level 5 means that drastic measures are required to contain the spread of the virus to save lives.



Level 4 means that some activity can be allowed to resume subject to extreme precautions required to limit community transmission and outbreaks.



Level 3 involves the easing of some restrictions, including on work and social activities, to address a high risk of transmission.



Level 2 involves the further easing of restrictions, but the maintenance of physical distancing and restrictions on some leisure and social activities to prevent a resurgence of the virus.



Level 1 means that most normal activity can resume, with precautions and health guidelines followed at all times.



To ensure that our response to the pandemic can be as precise and targeted as possible, there will be a national level and separate levels for each province, district and metro in the country.



We are currently at Level 5, which requires a full national lockdown to contain the spread of the virus.



This is the highest level of lockdown and was imposed when drastic action was necessary to curb transmission.



The National Coronavirus Command Council will determine the alert level based on an assessment of the infection rate and the capacity of our health system to provide care to those who need it.



We have undertaken a detailed exercise to classify the different parts of the economy according to the risk of transmission in that sector, the expected impact of the lockdown, the economic contribution of the sector and the effect on livelihoods.



The relevant Ministers will provide a detailed briefing on the classification of industries and how each is affected at each level.



We will give all industry bodies an opportunity to consider these details and, should they wish, to make submissions before new regulations are gazetted.



The National Coronavirus Command Council met earlier today and determined that the national coronavirus alert level will be lowered from level 5 to level 4 with effect from Friday the 1st of May.



This means that some activity will be allowed to resume subject to extreme precautions to limit community transmission and outbreaks



Some businesses will be allowed to resume operations under specific conditions.



Every business will have to adhere to detailed health and safety protocols to protect their employees, and workplace plans will be put in place to enable disease surveillance and prevent the spread of infection.



All businesses that are permitted to resume operations will be required to do so in a phased manner, first preparing the workplace for a return to operations, followed by the return of the workforce in batches of no more than one-third.



In some cases, a sector will not be able to return to full production during Level 4 while the risk of infection remains high.



These will be spelt out next week following a final round of consultations.



Businesses will be encouraged to adopt a work-from-home strategy where possible.



All staff who can work remotely must be allowed to do so.



The relevant Ministers will provide details on the process for the phased re-opening of schools and other educational institutions.



As we gradually ease the restrictions, it is necessary that many of the measures to contain the spread of the virus remain in place.



When the country moves to level 4 on 1 May:



Our borders will remain closed to international travel, except for the repatriation of South African nationals and foreign citizens.



No travel will be allowed between provinces, except for the transportation of goods and exceptional circumstances such as funerals.



Public transport will continue to operate, with limitations on the number of passengers and stringent hygiene requirements, including that all passengers must wear a face mask.



The public is encouraged to stay at home, other than for essential personal movement, doing essential work and work in sectors that are under controlled opening. People can exercise under strict public health conditions.



All gatherings, apart from funerals and for work, will remain prohibited.



Those who are elderly, and those with underlying conditions, must remain at home and take additional precautions to isolate themselves.



The sale of cigarettes will be permitted.



The range of goods that may be sold will be extended to incorporate certain additional categories. These will be detailed by the relevant Ministers.



It is important to note that several restrictions will remain in place regardless of the level of alert for as long as the risk of transmission is present:



Bars and shebeens will remain closed.



Conference and convention centres, entertainment venues, cinemas, theatres, and concerts will remain closed.



Concerts, sporting events, and religious, cultural and social gatherings will not be allowed until it is deemed safe for them to continue.



The coronavirus is spread by contact between people.



If people do not travel, the virus does not travel.



We know, for example, that just one funeral in Port St Johns and one religious gathering in Mangaung contributed to a spate of infections in their respective provinces.



From the evidence we have, we know that 75 percent of confirmed coronavirus cases are found in just six metro municipalities – Johannesburg, Ekurhuleni, Cape Town, Buffalo City, EThekwini and Mangaung.



It is therefore essential that we do everything in our means to restrict the movement of people and – although it runs counter to our very nature – to reduce the contact that each of us has with each other.



Ultimately, it is our own actions, as individuals, that will determine how quickly the virus spreads.



If we all adhere to instructions and follow public health guidelines, we will keep the virus under control and will not need to reinstate the most drastic restrictions.



We can prevent the spread of coronavirus by doing a few simple things.



Wash your hands frequently with soap and water or use an alcohol based sanitiser.



Keep a distance of more than one metre between yourself and the next person, especially those who are coughing and sneezing.



Try not to touch your mouth, nose and eyes because your hands may have touched the coronavirus on surfaces.



When you cough or sneeze cover your mouth and nose with your bent elbow or a tissue, and dispose of the tissue right away.



As we begin the easing of lockdown restrictions from the beginning of May, we are calling on all South Africans to wear a face mask whenever you leave home.



Our clothing and textile industry – including many small businesses – are gearing up to produce these masks on a mass scale.



The extraordinary measures that we have put in place to combat the coronavirus pandemic have been matched by the extraordinary contributions of many South Africans.



We pay tribute to them, the nurses, the doctors, the scientists and the community screening field workers who are leading our public health response.



We are committed to ensuring that they have all the resources they need – including adequate personal protection equipment and other recognition – to undertake the work that is being asked of them.



As we slowly ease the lockdown restrictions, we are substantially and rapidly increasing our public health response.



We have already seen a huge increase in community screening and testing.



Guided by advice from the World Health Organization and the Africa Centres for Disease Control and Prevention, we have joined other African countries in placing mass screening and testing at the centre of the next phase of our response.



Earlier in the week, I announced an additional allocation of R20 billion to our health response to ensure that we have the beds, medicine, equipment and personnel required when the country experiences the peak of infections.



This evening, I also want to pay tribute to those who are providing essential services and goods – the truck, taxi, bus and train drivers; the workers on farms, in stores, at power stations, at water plants, at petrol stations, in banks and in call centres; the law enforcement officials and security personnel.



It is thanks to your efforts that we have been able to make such valuable progress in combating this pandemic.



As part of expanding this effort, I have employed over 70,000 defence force personnel to assist with various parts of our coronavirus response.



Until now, those defence force members that have been deployed have supported the South African Police Service in their responsibilities.



They will continue to do so, but they will also be providing assistance in other essential areas, such as the provision of water supply, infrastructure maintenance and health services.



This is a crucial moment in our struggle against the coronavirus.



It is a time for caution.



It is a time to act responsibly.



It is a time for patience.



There is no person who doesn’t want to return to work.



There is no company that does not want to re-open.



There is no student who does not want to return to their studies.



Yet, we are all called upon, at some time in our lives, to make great sacrifices for our own future and for the future of others.



There are times when we must endure hardship and difficulty, so that we can enjoy freedom and prosperity into the future.



During the past five weeks, we have demonstrated to the entire world what a nation can achieve with courage, determination and solidarity.



We must not give up now.



I am asking you to stay strong.



I am asking you to remain united.



Stay home, stay safe.



Thank you for all that you have done and continue to do.



May God bless South Africa and protect her people.



I thank you.



ISSUED BY THE PRESIDENCY OF THE REPUBLIC OF SOUTH AFRICA



www.thepresidency.gov.za

#Coronavirus: What You Need To Know About South Africa’s ‘Level 4’ Restrictions After Lockdown

South Africa&#8217;s President Cyril Ramaphosa addressed the nation to speak on the government&#8217;s economic and social response to the global health emergency. Ramaphosa says the Coronavirus pandemic requires a response that is equal to the scale of disruption.



Ramaphosa says the impact of the coronavirus requires an extraordinary budget of around R500 billion (over $26 billion), 10% of the country&#8217;s GDP, to direct resources towards fighting the pandemic. 



The president revealed that the South African Reserve Bank (SARB) has made an important contribution to the economy by cutting the repo rate by 200 basis points, in effect unlocking at least R80 billion in the real economy. 



South Africa&#8217;s government declared the COVID-19 Coronavirus pandemic a national disaster. The country imposed a 21 days lockdown which was later extended until the end of April.



Here&#8217;s what social media users had to say&#8230;



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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Did he say R500 Billion for business support?so vele there was money for free education neh <a href="https://twitter.com/hashtag/cyrilramaphosa?src=hash&amp;ref_src=twsrc%5Etfw">#cyrilramaphosa</a> <a href="https://t.co/LSi5Kko9T3">pic.twitter.com/LSi5Kko9T3</a>&mdash; SpaceKings CEO (@Lil_Andi_jr) <a href="https://twitter.com/Lil_Andi_jr/status/1252670192825630723?ref_src=twsrc%5Etfw">April 21, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Here is the president&#8217;s full address:



My Fellow South Africans, It is 25 days since South Africa began a nation-wide lockdown to contain the spread of the coronavirus. It has demanded of you great fortitude and endurance. It has caused you much suffering and required much sacrifice. Once again, I salute you and I thank you. The coronavirus pandemic has disrupted your lives and damaged our economy. Its severity will continue to take a heavy toll in the weeks and months to come. The pandemic has resulted in the sudden loss of income for businesses and individuals alike, deepening poverty and increasing hunger. The urgent and dramatic measures we have taken to delay the spread of the virus have been absolutely necessary. They have given us the space to better respond to the inevitable rise in infections and to thereby save tens of thousands of lives. While the nation-wide lockdown is having a devastating effect on our economy, it is nothing compared to the catastrophic human, social and economic cost if the coronavirus could spread among our people unchecked. Medical scientists and our doctors inform us that we are still in the early stages of this pandemic. Without proven therapeutic medicines or a vaccine, we can expect this to continue as a problem for the foreseeable future. Our foremost priority now is to intensify the health interventions needed to contain and delay the spread of the disease and to save lives. To date, the coronavirus has taken the lives of at least 58 people in our country. This is a loss that we all mourn, for we know the pain and the anguish of their loved ones. 2 From the more than 126,000 tests conducted, 3,465 confirmed cases of coronavirus have been identified. More than 2 million people have been screened in communities across the country and, of these, over 15,000 have been referred for testing. Alongside this unprecedented public health effort are the measures we are taking to protect livelihoods, to stave off hunger and destitution and to set our economy on a path of recovery. This evening, I wish to address you on our economic and social response to this global health emergency. The pandemic requires an economic response that is equal to the scale of the disruption it is causing. Our economic response can be divided into three phases. The first phase began in mid-March when we declared the coronavirus pandemic as a national disaster. This included a broad range of measures to mitigate the worst effects of the pandemic on businesses, on communities and on individuals. The measures included tax relief, the release of disaster relief funds, emergency procurement, wage support through the UIF and funding to small businesses. We are now embarking on the second phase of our economic response to stabilise the economy, address the extreme decline in supply and demand and protect jobs. As part of this phase, we are announcing this evening a massive social relief and economic support package of R500 billion, which amounts to around 10% of GDP. The third phase is the economic strategy we will implement to drive the recovery of our economy as the country emerges from this pandemic. Central to the economic recovery strategy will be the measures we will embark upon to stimulate demand and supply through interventions such as a substantial infrastructure build programme, the speedy implementation of economic reforms, the transformation of our economy and embarking on all other steps that will ignite inclusive economic growth. We will outline this in coming days. Over the past few days, we have been in consultations with various stakeholders. We have met with business, labour and the community constituency in NEDLAC. We have met with Premiers, MECs and Metro Mayors and with the members of the Presidential Economic Advisory Council. Following these meetings, Cabinet considered various proposals and finalised the social relief and economic support package that stands at the centre of the second phase of our economic response. This involves: 3 Firstly, an extraordinary health budget to respond to coronavirus, Secondly, the relief of hunger and social distress, Thirdly, support for companies and workers, Fourthly, the phased re-opening of the economy. The impact of the coronavirus requires an extraordinary coronavirus budget – of around R500 billion – to direct resources towards fighting the pandemic. This will include the reprioritisation of around R130 billion within the current budget. The rest of the funds will be raised from both local sources, such as the Unemployment Insurance Fund, and from global partners and international finance institutions. To date, the World Bank, International Monetary Fund, BRICS New Development Bank and the African Development Bank have been approached and are working with the National Treasury on various funding transactions. Some of these institutions have created financing packages that are aimed at assisting countries that are having to address the coronavirus crisis like us. This funding will be used, in the first instance, to fund the health response to coronavirus. An amount of R20 billion will be directed to addressing our efforts to address the pandemic. If we are to successfully manage the anticipated surge in cases and ensure that everyone who needs treatment receives it, we must provide for additional expenditure on personal protective equipment for health workers, community screening, an increase in testing capacity, additional beds in field hospitals, ventilators, medicine and staffing. The nation-wide lockdown has had a negative impact on the revenue of municipalities at a time when the demands on them are increasing. Additional funding of R20 billion will therefore be made available to municipalities for the provision of emergency water supply, increased sanitisation of public transport and facilities, and providing food and shelter for the homeless. Details will be announced in the adjustment budget tabled by the Minister of Finance. Another significant area that requires massive additional expenditure is the relief of hunger and social distress in our communities across the country. While we have put in place measures to protect the wages of workers in the formal economy and have extended support to small, medium and micro-sized businesses, millions of South Africans in the informal economy and those without employment are struggling to survive. Poverty and food insecurity have deepened dramatically in the course of just a few weeks. To reach the most vulnerable families in the country, we have decided on a temporary 6- month Coronavirus grant. We will direct R50 billion towards relieving the plight of those who are most desperately affected by the coronavirus. 4 This means that child support grant beneficiaries will receive an extra R300 in May and from June to October they will receive an additional R500 each month. All other grant beneficiaries will receive an extra R250 per month for the next six months. In addition, a special Covid-19 Social Relief of Distress grant of R350 a month for the next 6 months will be paid to individuals who are currently unemployed and do not receive any other form of social grant or UIF payment. The Department of Social Development will issue the requirements needed to access and apply for this funding. We have recognised that the food distribution capacity of government is not adequate to meet the huge need that has arisen since the start of the epidemic. The South African Social Security Agency – SASSA – will within days implement a technology-based solution to roll out food assistance at scale through vouchers and cash transfers to ensure that help reaches those who need it faster and more efficiently. In addition, to fill the immediate need, the Department of Social Development has partnered with the Solidarity Fund, NGOs and community-based organisations to distribute 250,000 food parcels across the country over the next two weeks. We are deeply disturbed by reports of unscrupulous people abusing the distribution of food and other assistance for corrupt ends. We will not hesitate to ensure that those involved in such activities face the full might of the law. While there are several interventions that already exist within government to deal with the extremely high unemployment such as the Expanded Public Works Programme and the community works programme, these are not enough. The coronavirus crisis will lead to many people losing their jobs. An additional R100 billion will be set aside for protection of jobs and to create jobs. Since the declaration of a state of national disaster over a month ago, government has put in place a range of measures to support workers’ wages and assist companies in distress. By the end of today, the UIF’s special COVID-19 benefit has paid out R1.6-billion, assisting over 37,000 companies and 600,00 workers. R40 billion has been set aside for income support payments for workers whose employers are not able to pay their wages. We continue to provide assistance – in the form of loans, grants and debt restructuring – to SMMEs, spaza shop owners and other informal businesses. The value of this assistance to date is over R100 million. An additional amount of R2 billion will be made available to assist SMEs and spaza shop owners and other small businesses. 5 The IDC facility to support companies to procure or manufacture personal protective equipment has been utilised in the past few weeks, with finance of R162 million approved to date. Other forms of support have been extended to artists, athletes and technical personnel, as well as to waste pickers and public works participants in the environment sector. While these measures are providing obvious relief to many companies and workers, it is clear that there is a far greater need across the entire economy. We will therefore be introducing a R200 billion loan guarantee scheme in partnership with the major banks, the National Treasury and the South African Reserve Bank. This will assist enterprises with operational costs, such as salaries, rent and the payment of suppliers. In the initial phase, companies with a turnover of less than R300 million a year will be eligible. It is expected that the scheme will support over 700,000 firms and more than 3 million employees through this difficult period. A number of the banks are ready to roll out the product before the end of the month. Government is also working on additional support measures for vulnerable and affected sectors like the taxi industry. In addition to existing tax relief measures, we will also be introducing a 4-month holiday for companies’ skills development levy contributions, fast-tracking VAT refunds and a 3-month delay for filing and first payment of carbon tax. To assist a greater number of businesses, the previous turnover threshold for tax deferrals is being increased to R100 million a year, and the proportion of PAYE payment that can be deferred will be increased to 35 percent. Businesses with a turnover of more than R100 million a year can apply directly to SARS on a case-by-case basis for deferrals of their tax payments. No penalties for late payments will be applicable if they can show they have been materially negatively impacted in this period. Taxpayers who donate to the Solidarity Fund will be able to claim up to an additional 10 percent as a deduction from their taxable income. In total these tax measures should provide at least R70 billion in cash flow relief or direct payments to businesses and individuals. The Minister of Finance will provide further details on the above and other tax-related announcements. In the implementation of all these measures, we are determined to ensure that women, youth and persons with disability received particular attention and support. The South African Reserve Bank has also made an important contribution to support the real economy. 6 In line with its Constitutional mandate, it has cut the repo rate by 200 basis point, in effect unlocking at least R80 billion in the real economy, and taking other steps to provide additional liquidity to the financial system. Several commercial banks and insurance companies have also assisted the economic relief effort by, among other things, delaying or reducing instalment payments, providing debt relief, and waiving bank fees for grant beneficiaries. The fourth area on which Cabinet has resolved is the phased re-opening of the economy. We will follow a risk-adjusted approach to the return of economic activity, balancing the continued need to limit the spread of the coronavirus with the need to get people back to work. As I have said previously, if we end the lockdown too soon or too abruptly, we risk a massive and uncontrollable resurgence of the disease. We will therefore follow a phased approach, guided by the best available scientific evidence, to gradually lift the restrictions on economic activity. As we do so, we remain firm in our resolve to contain the transmission of the virus. We will therefore need to act with agility and flexibility in the weeks and months ahead, and respond to the situation as it develops. On Thursday, I will address the nation on the measures that will be taken beyond the nationwide lockdown to re-open the economy. This crisis will not last forever, and the day will come when these measures are no longer needed. Until then, however, we must ensure that all of our people receive adequate support. The scale of this emergency relief programme is historic. It demonstrates that we will not spare any effort, or any expense, in our determination to support our people and protect them from harm. We will – and we must – do whatever it takes to recover from this human, social and economic crisis. Our country and the world we live in will never be the same. We are resolved not merely to return our economy to where it was before the coronavirus, but to forge a new economy in a new global reality. Our economic strategy going forward will require a new social compact among all role players – business, labour, community and government – to restructure the economy and achieve inclusive growth. Building on the cooperation that is being forged among all social partners during this crisis, we will accelerate the structural reforms required to reduce the cost of doing business, to promote localisation and industrialisation, to overhaul state owned enterprises and to strengthen the informal sector. 7 We will forge a compact for radical economic transformation that ensures that advances the economic position of women, youth and persons with disabilities, and that makes our cities, towns, villages and rural areas vibrant centres of economic activity. Our new economy must be founded on fairness, empowerment, justice and equality. It must use every resource, every capability and every innovation we have in the service of the people of this country. Our new economy must open new horizons and offer new opportunities. Over the past month, South Africans have opened their hearts each other. Even at this moment when such great sacrifice is demanded of us, we look to a better future with optimism. Even as we find ourselves at a moment of great peril, even as great sacrifices are demanded, even as we dare not allow our vigilance to waver, we look ahead to a better future. I have faith in the strength and resilience of ordinary South Africans, who have proven time and time again – throughout our history – that they can rise to the challenge. We shall recover. We shall overcome. We shall prosper. May God bless South Africa and protect her people. I thank you.

Rama

#Coronavirus: South Africa Announces R500 Billion Economic Stimulus Package, 10% of GDP

#Coronavirus: South Africa Extends Lockdown By Two Weeks

While discussing the measures that the government would be taking to combat COVID-19, South Africa&#8217;s president Cyril Ramaphosa said in a statement to millions of citizens watching and listening to his speech &#8220;The National Coronavirus Command Council has forced a nationwide lockdown for 21 days with effect at midnight on Thursday March 26, 2020&#8221;. 



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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">President <a href="https://twitter.com/hashtag/Ramaphosa?src=hash&amp;ref_src=twsrc%5Etfw">#Ramaphosa</a>: The nation-wide lockdown will be enacted in terms of the Disaster Management Act and will entail the following: &#8211; From midnight on Thursday 26 March until midnight on Thursday 16 April, all South Africans will have to <a href="https://twitter.com/hashtag/stayathome?src=hash&amp;ref_src=twsrc%5Etfw">#stayathome</a>. <a href="https://twitter.com/hashtag/COVID19?src=hash&amp;ref_src=twsrc%5Etfw">#COVID19</a> <a href="https://twitter.com/hashtag/CoronaVirusSA?src=hash&amp;ref_src=twsrc%5Etfw">#CoronaVirusSA</a>&mdash; The Presidency 🇿🇦 (@PresidencyZA) <a href="https://twitter.com/PresidencyZA/status/1242152975361081344?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Earlier in the day the country&#8217;s Health Minister Dr Zweli Mkhize released a statement via his twitter account that the number of confirmed coronavirus cases had risen by 128 to 402. The first case of COVID-19 infection in South Africa was reported on March 5, 2020.



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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Latest confirmed cases of <a href="https://twitter.com/hashtag/COVID19?src=hash&amp;ref_src=twsrc%5Etfw">#COVID19</a> as at 23 March 2020 <a href="https://t.co/ryb8WUvQv6">pic.twitter.com/ryb8WUvQv6</a>&mdash; Zweli Mkhize (@DrZweliMkhize) <a href="https://twitter.com/DrZweliMkhize/status/1242055979811966984?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Social media users took to twitter to voice their concerns asking the president to shutdown the country. Shortly afterwards, the hashtags #CyrilRamaphosa #ShutdownSA and #ShutdownSouthAfrica began trending. 



While addressing the nation Ramaphosa stated that the lockdown is &#8220;a decisive measure to save lives of South Africans from infections and save the lives of hundreds of thousands of our people&#8221;. The president further stated that while this measure will have a considerable impact on the livelihoods of citizens of the country and the economy, &#8220;the human cost of delaying this action would be far far greater&#8221;. 



What does the lockdown entail? 



From midnight the following will happen:



<ul class="wp-block-list"><li>The lockdown will come to effect on midnight &#8211; Thursday, 26th March 2020 until midnight on Thursday April 16, 2020. </li><li>All South Africans will have to stay at home</li><li>The people exempted from the lockdown include health workers in the public and private sectors, emergency personnel, those in security services such as the police, traffic officers, military medical personnel, soldiers, and other persons necessary for the country&#8217;s response to the pandemic. This also includes those involved in the production, distribution, and supply of food and basic goods. Essential banking services, the maintenance of power, water and telecommunication services, laboratory services and the provision of medical and hygiene products. </li><li>Individuals won&#8217;t be allowed to leave their homes except under strictly controlled circumstances. </li><li> For the homeless, either their existing locations or, where available, alternative temporary accommodation sites, will be used for their 21-day “stay-at-home” period. </li><li>During this period, clinics, pharmacies, food-stores and hospitals will remain open. </li><li> Health care will be provided through triage to obtain “centralised treatment” for severe cases and “decentralised primary care” for mild cases. &#8211; A key objective is not to overwhelm hospitals with unnecessary care seekers. </li></ul>



Ramaphosa further stated that the Oppenheimer and Rupert Foundations will provide R1 billion (over $56 million) each to assist small businesses and their employees affected by COVID-19. 



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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/BREAKING?src=hash&amp;ref_src=twsrc%5Etfw">#BREAKING</a>: <a href="https://twitter.com/hashtag/Coronavirus?src=hash&amp;ref_src=twsrc%5Etfw">#Coronavirus</a>: President <a href="https://twitter.com/hashtag/CyrilRamaphosa?src=hash&amp;ref_src=twsrc%5Etfw">#CyrilRamaphosa</a> says the Oppenheimer and Rupert Foundations will provide R1 billion (over $56 million) each to assist small businesses and their employees affected by COVID-19. <a href="https://twitter.com/hashtag/Lockdown?src=hash&amp;ref_src=twsrc%5Etfw">#Lockdown</a> <a href="https://t.co/0oTksyoRQj">pic.twitter.com/0oTksyoRQj</a>&mdash; Forbes Africa (@forbesafrica) <a href="https://twitter.com/forbesafrica/status/1242153956865908737?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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#Coronavirus: South Africa Imposes 21 Day Lockdown After Confirmed COVID-19 Cases Rise By 128 to 402

South African President Cyril Ramaphosa announced plans on Thursday to split struggling state power giant Eskom into three separate entities, as he sought to convince investors and voters that he will turn around a struggling economy before an election in May. 



Ramaphosa is balancing efforts to revive an economy burdened by government debt and mismanagement with the need to retain the support of elements in his ruling African National Congress (ANC) and powerful labour unions who oppose reforms that could cost jobs.



The ANC is expected to win May’s parliamentary election but analysts say Ramaphosa needs the victory to be resounding if he is to unite a party that has been deeply divided since the ousting of scandal-plagued Jacob Zuma a year ago.



“The task before us is formidable,” Ramaphosa said during a televised state of the nation address in parliament that was attended by hundreds of lawmakers and dignitaries.



“Above everything else, we must get our economy working again.”



Fixing the crisis at Eskom was the main talking point ahead of Ramaphosa’s highly-anticipated annual address as it will be key to him delivering on a promise to mend an economy that stagnated under Zuma.



Eskom supplies more than 90 percent of South Africa’s power and employs 48,000 people. But it is drowning in around 420 billion rand ($31 billion) of debt and is expecting to lose more than $1 billion a year for the next two years.



Many investors have called for Eskom to be partially privatized to make it more efficient, but significant sections of the ANC have said that is a red line that cannot be crossed.



Trying to please all sides, Ramaphosa said Eskom’s generation, transmission and distribution businesses would become separate state-owned entities, without touching on controversial subjects like job cuts or privatisation.



<h4 class="wp-block-heading">‘DECISIVE ACTION’</h4>



He said the government would support Eskom’s balance sheet but that the scale of that support would be revealed only in a budget speech by the finance minister on Feb. 20.



“Eskom is in crisis and the risks it poses to South Africa are great,” Ramaphosa said, adding that he would call this year’s parliamentary vote on May 8.



“We need to take bold decisions and decisive action. The consequences may be painful, but they will be even more devastating if we delay.”



Ramaphosa also promised to boost tourist numbers, explore selling stakes in state firms deemed non-strategic and increase agricultural output through accelerated land reforms.



But it was his comments on Eskom that drew the greatest attention.



“It is clear that a fundamental restructuring of Eskom is on the cards. It may not happen in one step, but it is a very important starting point,” said energy expert Chris Yelland.



“Today’s comments were about managing the expectations of the financial community on the one hand, and the opposition of labour unions on the other.”



Successive governments have avoided addressing Eskom’s inefficient and monopolistic structure, fearing a backlash from socialist elements in the ANC and from much of the public given the likely job losses.



Ramaphosa could still delay unpopular decisions like cutting jobs until after the election in an effort to avoid a confrontation with unions.



Cosatu, the biggest union movement and an ally of the ANC, released a statement as Ramaphosa was delivering his speech saying it would fight job cuts at state firms “to the very end”. -Reuters



-Alexander Winning

Tag: ramaphosa

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