B2B Central

COVID-19

31 Mar 2020

COVID-19 outbreak threatens biopharma in-house manufacturing

By Staff Writer

The novel coronavirus is complicating the global biopharma industry’s supply chain because several mega cap biopharma companies have their vital manufacturing steps in Chinese facilities. This is according to leading data and analytics company, GlobalData. Quarantined workforce Supply chain problems in China include a largely quarantined workforce, delays in transporting materials and several other logistical...
31 Mar 2020

Lifeline for employers experiencing financial difficulty as a result of COVID-19

By Janice Roberts

In light of the global COVID-19 pandemic, the Financial Sector Conduct Authority (FSCA) has thrown a lifeline to financially distressed employers and employees.
30 Mar 2020

How the COVID-19 lockdown impacts on buying life cover

By Janice Roberts

The long-term insurance members of the Association for Savings and Investment South Africa (ASISA) support a statement issued earlier today by the Financial Sector Conduct Authority (FSCA) that the collection of blood samples and medical examinations as part of underwriting for new business does not qualify as an essential service and must be avoided.
30 Mar 2020

Supply chain will play a key role during lockdown

By Staff Writer

Supply chain and logistics professionals have an extremely important role to play in the fight against COVID-19, especially as South Africa heads into a 21-day nationwide lockdown. During this time efficient supply chain management is critical to ensure that South Africans continue to have access to food, basic commodities and medical supplies, according to SAPICS,...
30 Mar 2020

Coronavirus lockdown: Massive surge in the use of fintech apps

By Janice Roberts

Coronavirus-triggered social distancing, isolation and lockdowns have driven-up the use of financial apps in Europe by 72 per cent in a week, reveals deVere Group.
30 Mar 2020

FirstRand establishes SPIRE: The South African Pandemic Intervention and Relief Effort

By Janice Roberts

Today FirstRand Limited announced the objectives of its SPIRE intervention and relief effort, which aims to assist Government and its partners in mitigating the impact of COVID-19 rapidly and at scale.
30 Mar 2020

FNB confirms measures to help customers impacted by COVID-19

By Janice Roberts

In recent weeks, the South African Government, business community, philanthropists and society at large have shown remarkable unity in a joint effort to protect our country against the impact of COVID-19.
29 Mar 2020

Absa launches extensive COVID-19 payment relief programme

By Janice Roberts

As South Africa and the world confront the public health, financial and economic implications of the COVID-19 pandemic, Absa Group is rolling out an extensive relief programme for eligible customers impacted by COVID-19.

29 Mar 2020

Standard Bank extends relief measures

By Janice Roberts

Standard Bank has announced a second wave of relief to help its customer base navigate financial commitments as Covid-19 continues to impact the livelihood of many individuals across the country.

29 Mar 2020

Tax measures to combat COVID-19

By Janice Roberts

The Minister of Finance has announced the following exceptional tax measures as part of the fiscal package outlined by President Cyril Ramaphosa on 23 March 2020 in his speech on the Escalation of Measures to Combat COVID-19.

28 Mar 2020

Standard Bank reacts to Moody's downgrade

By Janice Roberts

Standard Bank notes the action taken by Moody’s rating agency to downgrade South Africa’s sovereign credit rating to Ba1 from Baa3.

28 Mar 2020

COVID-19 in South Africa – we must all play our part

By Janice Roberts

In December 2019 an outbreak of Novel Coronavirus (nCoV) broke out in the city of Wuhan, China.