Tag: coronavirus

As email inboxes and WhatsApp groups clutter up with advice of how to cope with COVID-19, I suggest three simple questions to help guide consumers in these unprecedented times. The best way to reduce premiums during lockdown – without abandoning cover altogether - is to reassess risk exposures and adjust cover accordingly.  

Last week, government addressed the public and announced last-minute changes to the Level 4 lockdown regulations. Whilst these changes angered most and pleased some, the overriding problem with them is the inherent arbitrariness.

As the coronavirus sweeps its way around the globe, the trends established in most countries in terms of taming its spread after lockdown appears similar to that set in China. While it might take somewhat longer for some of those countries that started their control measures later, the outlook seems positive and the trend is definitely moving in the right direction.

The Minister of Cooperative Governance and Traditional Affairs has promulgated the regulations applicable during the lockdown Alert Level 4.

Although it’s recommended in King IV, succession planning is often neglected because it’s an uncomfortable subject. The COVID-19 crisis should act as a wake-up call for organisations to ensure not only that they have a plan to govern an orderly succession for key senior posts, but also an emergency back-up plan.

As many small to medium enterprises (SMEs) in South Africa reel from the financial repercussions of the COVID-19 pandemic and subsequent lockdown, it is important that they embrace technologies that will help them overcome current challenges and ready themselves for a ‘new normal’.

If there is one thing that the national lockdown has highlighted, it is the need for South African law to recognise electronic signatures to authenticate important legal documents such as Last Wills and Testaments.

Our world has changed. The aspects that we have accepted as daily occurrences, and those that we have taken for granted, are no longer possible.

The phased or risk-adjusted approach to lift the current national lockdown is welcome news for the agricultural sector, especially those industries mostly affected by the Covid-19 lockdown.

SAICA hosted a webinar on 6 April 2020 where Chief Economist for Investec Bank Limited South Africa, Annabel Bishop, spoke about the effects of Sub-investment grade Status and the Coronavirus on our country’s already struggling economy.