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LATEST Fast News  

Eskom asks for 20.5% power tariff hike next year

8 Dec 2021 /  Alexander Winning, Reuters  
Regulator must make a decision by February 25.

Omicron drives record Covid cases, positive tests in Zimbabwe

8 Dec 2021 /  Ray Ndlovu and Godfrey Marawanyika, Bloomberg  
Zimbabwe reporting record daily cases and its highest ever test positivity rate.

‘Omi-whatever’: variant grip on stocks lasted just two weeks

8 Dec 2021 /  Nikos Chrysoloras and Michael Msika, Bloomberg  
It’s almost as if Omicron never happened.

Omicron symptoms ‘far milder,’ Netcare CEO says

8 Dec 2021 /  Janice Kew, Bloomberg   1
Even as as omicron is driving up the number of people testing positive for the virus. 

SA business mood worsens after Covid curbs hit trade

8 Dec 2021 /  Monique Vanek, Bloomberg  
As trade flows fell after a new wave of Covid-19 infections led to renewed restrictions among the nation’s major trading partners.

Rand stronger on early Omicron signs; retail data in focus

8 Dec 2021 /  Alexander Winning, Reuters  
In early trade the rand was at R15.82 against the dollar, roughly 0.2% stronger than its previous close.

Crypto is the ‘top contender’ for correction, money managers say

8 Dec 2021 /  Vildana Hajric, Bloomberg  
Money-managers say the asset class is ripe for a big selloff next year.

Russian billionaire Vladimir Potanin faces $7bn divorce claim in London

8 Dec 2021 /  Jonathan Browning, Bloomberg  
London’s divorce courts have been a popular destination for high-value legal fights, with judges typically prepared to order a more equal share of a couple’s assets

Vaccine mandates in SA: where are they most needed?

8 Dec 2021 /  Keymanthri Moodley   2
The debate about mandatory vaccines has reached fever pitch as efforts to contain Covid-19 accelerate.

Scientists discover harder-to-detect version of Omicron

8 Dec 2021 /  Matthew Burgess, Bloomberg   2
The new lineage has about half the gene variations of the original and can’t be detected with typical screening.

Nestle will trim stake in L’Oreal to 20% with share sale

8 Dec 2021 /  Jonathan Roeder and Angelina Rascouet, Bloomberg  
Scaling back a more than four-decade link between two of Europe’s biggest consumer-goods companies.

Day traders lagging Wall Street in stock market melt-up

8 Dec 2021 /  Denitsa Tsekova, Bloomberg  
That could be good news for bulls hoping the latest rebound has room to run. 

SA is likely to miss economic growth forecast for 2021

8 Dec 2021 /  Monique Vanek, Bloomberg  
After more than 90 nations imposed travel bans on the country right before its summer holiday season because of the discovery of the coronavirus omicron variant.

SA’s Covid hospital admissions more than double

8 Dec 2021 /  Antony Sguazzin, Bloomberg  
Of the 13 147 new cases recorded 64% were in Gauteng.
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