Salesforce has announced a new version of Work.com designed to help businesses function safely during the COVID-19 pandemic. "Work.com is a completely new initiative using an existing domain name that we previously owned," said Salesforce spokesperson Joel Steinfeld. "Our focus is on speed and moving as quickly as possible to help our customers, and Work.com is an optimal way to do that.

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The number of Americans filing for unemployment benefits topped 3 million for a seventh straight week, signaling little relief in sight for the economy since the coronavirus began closing restaurants, factories and offices from coast to coast in mid-March.

The African Union Development Agency says countries should think about how they choose the lesser of the two evils because strict lockdowns have severe consequences.

The Bank of England says the UK faces its worst slump in 300 years, but on Thursday held off from any moves on rates or bond buying.

The United Nations on Thursday issued a new appeal for $4.7 billion in funding to "protect millions of lives and stem the spread of coronavirus in fragile countries."

Minister of Employment and Labour Thulas Nxesi said on Thursday afternoon that the Unemployment Insurance Fund was going to be under "very serious strain" and that he foresaw a period where there would be heavy dependence on the state.

The South African government is seeking a $4.2 billion loan from the IMF to support its response to the Covid-19 crisis.

Almost one million people in Johannesburg, South Africa’s commercial hub, are in need of food aid due to movement restrictions imposed to curb the coronavirus pandemic, according to its mayor.

Mineral Resources and Energy Minister Gwede Mantashe says that if there is appetite for nuclear power in the market, the SA government will pursue it over the next five years.

Big firms are using political connections to keep their hands on pension fund surpluses, says the head of the Financial Services Board.

A handful of listed companies dominate the investment portfolios of local general equity funds.

Investment interest in "frontier" African markets - particularly Nigeria and Kenya - is on the rise.

Property index exchange-traded fund Proptrax is a cheap and easy way to gain exposure to the property market, says an analyst.

Consumers who buy European lottery tickets with their credit cards are in contravention of foreign exchange regulations and may be liable to steep levies.

A properly diversified portfolio needs some exposure to hedge funds, but negative perceptions remain a problem.

Historically returns are high.

Art prices running away.

Investors like something different.

Holders get high and steady income.

Meanwhile, back on the farm - a thriving trade in agri futures.

A Fin24 user looks to an expert for help in improving his credit score by paying off his debt.

A retired Fin24 user is looking at investing in a retirement annuity to provide him with a cash payout of R500 000 to ensure that he lives within his means. An expert responds.

A Fin24 user is looking to start a retirement savings plan as it does not form part of company benefits, he would have to pay out of pocket.

A Fin24 user asks whether saving is better when debt is paid off or not.

A Fin24 user wants to know whether paying off a car loan or credit card will make her credit score 'look better.'

A Fin24 user who was forced into early retirement is struggling to pay credit card debt amounting to over R109 000. An expert responds.

A Fin24 user set to retire in August this year is looking at options on where he can invest his pension payout.

A Fin24 user urgently seeks guidance on how to pay off debt owing to the amount of R82 000. An expert responds with workable solutions.

A Fin24 set to retire this year is looking to invest his R1.2m savings in order to receive a monthly payout.

A landlord asks if his current tenants will still be able to move out at the end of the month as planned and whether his new tenant would be hindered from taking occupation. An attorney responds.

A Fin24 reader looking to invest in a living annuity, was shocked to find that she would have to pay fees of up to R110 000 per annum. She wants to know if there are other options. An investment expert responds.

Sandra Brydon, director of Home Group Scotland

The Reserve Bank bought R11.4 billion worth of government bonds from the secondary market during April, as part of its measures to introduce liquidity to the market.

Joblessness now stands at the most since the Great Depression era of the 1930s after the coronavirus pandemic brought the US economy to a standstill.

Australia's central bank has predicted that the country is facing its biggest economic contraction on record.

The budget for Census 2021 is ringfenced and won't be compromised as Treasury seeks funds to fight Covid-19, says Statistician-General Risenga Maluleke.

State adviser says government was sympathetic to the economic difficulties caused by the on-going lockdown but growth in infections in areas such as the Western Cape are biggest risk to the faster reopening of the economy.

The head of the International Monetary Fund said Friday that previous estimates for the world economy to contract by three percent this year were too optimistic.

SA faces its gravest test in over 70 years, to rebuild an economy that was already in a protracted slump after the ravages of the Covid-19 pandemic. Yet, one could be forgiven for believing there's a wedge between the state's main actors tasked with the job of resurrecting a country that may see its jobless rate rise as high as 50%.

Canada shed three million jobs in the last two months due to the coronavirus lockdown, causing the unemployment rate to shoot up to 13% in April, the government reported Friday.

Once the coronavirus pandemic is over, the tourism industry will probably find that older, more affluent travellers are more hesitant to do so.

It’s been a nerve-wracking few years for the traditional auto industry. One Silicon Valley VC firm speculates on its future in an interview with Bloomberg.