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Lockdown: Taxi Lifeline, Economic Update

This is not football….

But given the uncertain times we are in because of the deadly Coronavirus pandemic, Soccer Laduma has a responsibility to keep the Soccer Laduma family updated on the latest news on the virus, and how it’s affecting Mzansi.

Read: Percy Tau In Lockdown - Bafana Star Speaks

Here are four of the biggest stories on News24 related to the COVID-19 pandemic as Mzansi deals with week two of South Africa’s 21-day lockdown well underway:

How South Africa will test for the Covid-19 virus

A machine called the GeneXpert, currently used to diagnose tuberculosis (TB), will be used by the state to test for the coronavirus.

The smallest version of the machine is the size of a desktop computer. It takes four cartridges, where each cartridge is loaded up with sputum from a patient and chemical reagents which allow the machine to detect genetic material of TB, or now coronavirus. It takes 45 minutes to give a result.

SA Taxi gives taxi bosses reprieve on monthly instalments

SA Taxi, a financing and insurance company specialising in the taxi industry, has given taxi owners a temporary financial lifeline for April.

It has also committed more than R3 million to assist the taxi industry in its fight against Covid-19.

SA cricketers have short-term financial security during the coronavirus shutdown

South Africa's professional cricket players have financial security in the midst of the global coronavirus crisis, at least for the short-term.

All around the world, players and administrators are being forced to take pay cuts with the pandemic having brought sport - domestic and international - to a screeching halt.

Funds have been secured to pay the country's contracted players - at Proteas and provincial level - for the 2020/21 season.

Economy may shrink by up to 4% due to coronavirus, warns SA Reserve Bank

South Africa's economy may contract by between 2% and 4% this year as a result of the coronavirus pandemic, the SA Reserve Bank has said.

In its latest Monetary Policy Review, the central bank said there was also limited scope for an economic rebound in 2021, with growth unlikely to exceed 1%.

The global economy has been in a tailspin because of the coronavirus.

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