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Covid-19 cases slow in hotspot provinces, minister says

Covid-19 cases slow in hotspot provinces, minister says

5 Aug 2020 /  Mfuneko Toyana, Reuters  
Though it is too early to say whether the country's peak has passed, the health minister said
WHO sends specialists to South Africa to help contain pandemic

WHO sends specialists to South Africa to help contain pandemic

5 Aug 2020 /  Janice Kew, Bloomberg   5
The WHO is responding to a request for help by sending 43 specialists, with several arriving Wednesday.
BMW records first quarterly loss since 2009 on virus impact

BMW records first quarterly loss since 2009 on virus impact

5 Aug 2020 /  Oliver Sachgau, Bloomberg   1
Rounding out a dismal quarter for European carmakers hit by the coronavirus pandemic.
Gold Fields forecasts around 300% half-year profit surge

Gold Fields forecasts around 300% half-year profit surge

UPDATE
5 Aug 2020 /  Emma Rumney, Reuters   2
Thanks mostly to an increase in global gold prices.
Sharp economic downturn extends into July – PMI

Sharp economic downturn extends into July – PMI

5 Aug 2020 /  Alexander Winning, Reuters   1
Government forecasts are for gross domestic product to shrink by at least 7% this year.
Rand creeps up after slipping to two-month low

Rand creeps up after slipping to two-month low

5 Aug 2020 /  Mfuneko Toyana, Reuters  
Bonds gained, with the yield on the benchmark 2026 bond down 1.5 basis points to 9.320%. 
Tencent in talks to create $10bn streaming giant

Tencent in talks to create $10bn streaming giant

5 Aug 2020 /  Zheping Huang and Lulu Yilun Chen, Bloomberg   
Deal would create an online giant with more than 300 million users
Oil steady after longest rally since June with stockpiles easing

Oil steady after longest rally since June with stockpiles easing

5 Aug 2020 /  Bloomberg News   
All eyes on government data after the API reports stockpiles fall.
Older investors go for gold, younger ones bitcoin, JPMorgan says

Older investors go for gold, younger ones bitcoin, JPMorgan says

5 Aug 2020 /  Joanna Ossinger, Bloomberg   
Is the cryptocurrency digital gold?
Biggest obstacle to an S&P 500 record is companies hoarding cash

Biggest obstacle to an S&P 500 record is companies hoarding cash

4 Aug 2020 /  Elena Popina, Bloomberg  
S&P Dow Jones Indices says some 42 companies have suspended dividends this year.
Virgin Atlantic files Chapter 15 petition to aid UK rescue

Virgin Atlantic files Chapter 15 petition to aid UK rescue

4 Aug 2020 /  Josh Saul and Claire Boston, Bloomberg  
Since January Virgin’s reservations are down 89% year-over-year.
Spot gold smashes through $2 000 an ounce

Spot gold smashes through $2 000 an ounce

4 Aug 2020 /  Steven Frank and Yvonne Yue Li, Bloomberg  
As haven-seekers pile in.
Massive blast sends seismic shock across Beirut

Massive blast sends seismic shock across Beirut

4 Aug 2020 /  Samia Nakhoul, Yara Abi Nader and Laila Bassam, Reuters   1
Causing thousands of casualties.
Denel ordered to pay outstanding salaries

Denel ordered to pay outstanding salaries

4 Aug 2020 /  Alexander Winning, Reuters   6
It was not immediately clear where Denel would find the money, given its severe cashflow constraints.
Foreign investors are losing interest in South African bonds

Foreign investors are losing interest in South African bonds

4 Aug 2020 /  Robert Brand, Bloomberg   6
Foreigners have sold a net R54 billion ($3.1 billion) of the debt this year, JSE Ltd. data shows.

   ADVISOR VIEWS

Preservation funds: Your questions answered

6 Aug 2020 / By Devon Card

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4 Aug 2020 / By Michael Haldane

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4 Aug 2020 / By Gareth Collier

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3 Aug 2020 / By Dale Irvine
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