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LATEST Africa  

Africa’s biggest city Lagos locks down to defend against coronavirus

31 Mar 2020 /  Reuters  
'This decision was by no means taken lightly,' said Masisi. 'I am convinced that I make it in the best interest of our nation.'

Zimbabwe locks down to fight coronavirus amid economic crisis

31 Mar 2020 /  MacDonald Dzirutwe, Reuters  
Lockdown likely to hurt already strained economy.

Oil crash puts Africa’s cash-strapped producers in peril

30 Mar 2020 /  Libby George, Reuters   1
'Companies are reviewing their whole portfolios on a daily basis,' said Roderick Bruce

Africa is two to three weeks away from height of virus storm

30 Mar 2020 /  Prinesha Naidoo   1
And in a vulnerable position.

Sanlam appoints new CEO, to take over by July

31 Mar 2020 /  Emma Rumney, Reuters  
Strategy shifts would be considered where necessary - Paul Hanratty.

Samancor declares force majeure

31 Mar 2020 /  Tanisha Heiberg and Helen Reid, Reuters  
Due to lockdown.

How much MTN bosses get paid

31 Mar 2020 /  Duncan McLeod   1
Shuter and Mupita are MTN Group’s only two executive directors.

Woolworths to close all Country Road stores in Australia amid coronavirus

31 Mar 2020 /  Nqobile Dludla, Reuters  
In a bid to restrict the spread of the coronavirus.

LATEST Economy  

SA records biggest trade surplus in 14 months

31 Mar 2020 /  Prinesha Naidoo, Bloomberg  
After a revised deficit in January.

Small-town tourism knocked

31 Mar 2020 /  Adriaan Kruger   7
Real people in towns dependent on tourism will be without income for weeks, with weak prospects after the lockdown.

Here’s how much a downgrade to junk will cost South Africa

UPDATE
31 Mar 2020 /  Paul Wallace, Bloomberg    1
Country could suffer $9-13.5bn of outflows: Credit Agricole.

When the virus crisis is over, the legal battles begin

30 Mar 2020 /  Ciaran Ryan   13
Could individuals plead force majeure if they cannot pay their debts?

LATEST Industry  

Mining, Engineering, Industry, Factory production

Samancor declares force majeure

31 Mar 2020 /  Tanisha Heiberg and Helen Reid, Reuters  
Due to lockdown.

New Metair project will create 3 200 jobs

31 Mar 2020 /  Roy Cockayne  
But Covid-19 could delay it by up to six months.

SA’s construction industry faces disaster due to lockdown

27 Mar 2020 /  Roy Cokayne   6
Thousands of job losses expected.

Sasol: What happened, and what now?

26 Mar 2020 /  Sinesipho Maninjwa   36
Poor cost control, no oil price hedge and bad luck all hurt SA's largest industrial company.

LATEST International  

Graphic: Three months that shook global markets

30 Mar 2020 /  Marc Jones, Reuters  
So are there any places to shelter? Yes, but not many.

Stress? Fear of Covid-19?

29 Mar 2020 /  Menna A. Farouk, Reuters  
Therapists treating the vulnerable go online to help.

How to lock down 2.6 billion people without killing the economy

29 Mar 2020 /  Lionel Laurent, Bloomberg  
It's an impossible balancing act.

Nike’s workout app beats the coronavirus blues

29 Mar 2020 /  Andrea Felsted, Bloomberg  
So while Nike can just do it, some laggards may truly struggle to get through this crisis.

LATEST Markets  

Rand weaker before key data releases

31 Mar 2020 /  Mfuneko Toyana, Reuters  
Bonds start weaker.

Worst-ever quarter for South African stocks has a gold lining

31 Mar 2020 /  Adelaide Changole, Bloomberg   
Johannesburg gold miners have outperformed.

Asia shares edge up, China factories show flicker of life

31 Mar 2020 /  Wayne Cole, Reuters  
Oil prices steady for now after steep drop.

Graphic: Three months that shook global markets

30 Mar 2020 /  Marc Jones, Reuters  
So are there any places to shelter? Yes, but not many.

LATEST South Africa  

Africa’s biggest city Lagos locks down to defend against coronavirus

31 Mar 2020 /  Reuters  
'This decision was by no means taken lightly,' said Masisi. 'I am convinced that I make it in the best interest of our nation.'

Think again – the Rupert ‘donation’ is a loan

31 Mar 2020 /  Melitta Ngalonkulu   6
With a repayment plan of 60 months.

Live: Day 5, National Command Council update

31 Mar 2020 /  Footage: courtesy GCIS   1
Ministers to update SA at 2pm.

Ramaphosa has window to reform South Africa as twin crises hit

31 Mar 2020 /  Antony Sguazzin and Prinesha Naidoo, Bloomberg   5
'The president has stepped up to the plate here in an extraordinary way,' said Martin Kingston

LATEST Tech  

Green shoots of Cell C’s turnaround ‘now visible’ – CEO

23 Mar 2020 /  Duncan McLeod   2
R522-million was saved during the past six months.

From food to tech, coronavirus to spur urban planning rethink

21 Mar 2020 /  Rina Chandran, Thomson Reuters Foundation  
Research shows that epidemics often act as catalysts in transforming how diseases are handled.

Joburg advisor on the hook after client email hacked

19 Mar 2020 /  Melitta Ngalonkulu   8
Takes R800 000 punch as court rules it paid funds into fraudulent accounts based on fake 'signature'.

Telkom says job cuts will wipe R1.5bn from 2020 earnings

13 Mar 2020 /  Nqobile Dludla, Reuters  
'This allows Telkom to remain within the current debt levels.'
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