19.5.2020 08:30 am
The Medical Schemes Act has made a provision for schemes to put some money aside as reserves to cushion the blow: Dr Katlego Mothudi, MD of the BHF.
NOMPU SIZIBA: Medical schemes are now obligated to pay up for Covid-19-related tests and treatments for their members. And, on top of that, the Council for Medical Schemes proposed that medical-aid schemes be prepared to offer premium-instalment holidays where the need arises. Well, to discuss the cost implications and more, I’m joined on the line by Dr Katlego Mothudi, the MD of the Board of Healthcare Funders.
Proposed Eskom bailout amounts to a massive 14% haircut and a tacit admission that government has no money left.
Without understanding your financials, you do not understand your business and therefore you are far more likely to fail.
Distress is normally identified when a company is no longer profitable, when it’s not a going concern anymore, when it has major problems.
Pilots at SAA have it real good, it seems. So good that they play a massively disproportionate role in the company’s costs. The only way to end it is to kill off the airline.
He is not alone, and it’s not a simple laughing matter.
Meanwhile, the Congress of South African Trade Unions (Cosatu) warned Mboweni against continuing with his ‘anti-worker’ public posture.
There is no way an economy that does not manufacture goods massively will be able to create jobs, and land reform is crucial.
Employees should get proper advice prior to launching an urgent application against the employer in court.
Prolonged low economic growth could lead to even more economic flight by those with skills and capital, regardless of racial grouping.
Jumia’s reception in New York raises hopes for investors.
Why does South Africa decline real support for its neighbour as Zimbabwe’s embattled government calls for economic help?