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LATEST Africa  

Stop hoarding Covid vaccines, Ramaphosa tells rich countries

26 Jan 2021 /  Alexander Winning, Reuters   5
Saying the world needed to act together to fight the pandemic.

Zimbabwe, beset by soaring Covid-19 cases

25 Jan 2021 /  MacDonald Dzirutwe, Reuters  
Gets vaccine offers from Russia, China.

Zimbabwe seeks to list company holding state mining assets

25 Jan 2021 /  Antony Sguazzin, Bloomberg   2
To raise cash to meet government obligations, the nation’s finance minister said.

Courage doesn’t mean you aren’t afraid

25 Jan 2021 /  Cathy Buckle   4
Inspiring words from an advocate recently incarcerated in Zimbabwe.

Life Healthcare sees first quarter revenue up 5%

27 Jan 2021 /  Promit Mukherjee, Reuters  
Compared with the same period a year ago, as non-emergency hospital visits surged in October and November.

Vodafone considering options for Ghana business in Africa restructuring

UPDATE
27 Jan 2021 /  Loni Prinsloo and Thomas Seal, Bloomberg  
Could sell majority stake to Vodacom.

TikTok owner’s sales doubled to $35bn despite US ban

27 Jan 2021 /  Bloomberg News   
Company managed to grow operating profit to roughly $7bn in 2020 from less than $4 billion the prior year

AstraZeneca’s vaccine testing stumble draws investor lawsuit

27 Jan 2021 /  Bloomberg News   
Pharmaceutical company being sued by a pension fund.

LATEST Economy  

New construction industry umbrella body gets more flak

27 Jan 2021 /  Roy Cokayne  
Its establishment has been labelled an 'act of opportunism and tenderpreneurship' that may taint the infrastructure recovery plan.

Back to square one: when big economies will hit pre-virus GDP

27 Jan 2021 /  Ben Holland and Alex Tanzi, Bloomberg  
South Africans may have to wait until 2023 -- or even longer.

R1.2bn Tourism Equity Fund launched to bolster transformation

27 Jan 2021 /  Suren Naidoo   33
New funding source for black-owned small businesses and entrepreneurs in an industry hard-hit by Covid-19.

Rising debt, the fiscal deficit, and taxes

27 Jan 2021 /  Barbara Curson   10
Will government, in desperation, introduce a wealth tax? A look at the backdrop against which the idea is being contemplated and the likely unintended consequences.

LATEST Industry  

Mining, Engineering, Industry, Factory production

New construction industry umbrella body gets more flak

27 Jan 2021 /  Roy Cokayne  
Its establishment has been labelled an 'act of opportunism and tenderpreneurship' that may taint the infrastructure recovery plan.

New construction sector umbrella body aims to speak with one voice

22 Jan 2021 /  Roy Cokayne   5
But its establishment is described as a 'hostile takeover' because the three largest sector bodies have been excluded.

Operating environment potentially improves for SA cement industry

15 Jan 2021 /  Roy Cokayne   6
Applications for anti-dumping duties on imported cement and engagements with government about the designation of cement are forging ahead.

Manufacturing output down 3.5% year on year in November

12 Jan 2021 /  Reuters and Moneyweb  
Nedbank says 2021 may be slightly better.

LATEST International  

Tesla emissions-credit revenue may boom again in 2021: Analyst

27 Jan 2021 /  Craig Trudell, Bloomberg  
A surge in regulatory-credit revenue had been a major factor in Tesla’s streak of quarterly profits that’s sent shares soaring.

Bill Gates outlines strategy to prevent the next pandemic

27 Jan 2021 /  James Paton, Bloomberg   2
'The world wasn’t ready for the Covid-19 pandemic. I think next time will be different.'

Sanofi to make millions of BioNTech-Pfizer’s Covid vaccine doses

27 Jan 2021 /  Tim Loh, Bloomberg  
In an unusual collaboration to speed vaccination efforts.

Stocks mixed before Fed; earnings spur US tech: markets wrap

27 Jan 2021 /  Andreea Papuc, Bloomberg  
The dollar edged up.

LATEST Markets  

SA stocks slide for second day after IMF cuts growth forecasts

27 Jan 2021 /  Adelaide Changole, Bloomberg   3
Foreigners remained net sellers of South African stocks for a fourth consecutive day Tuesday, disposing of R1.05 billion worth of shares.

SA stocks post biggest drop this month on Tencent effect

26 Jan 2021 /  Adelaide Changole, Bloomberg  
Tencent lost as much as 6.7% in Hong Kong on Tuesday.

Stocks, futures slip on stimulus timing; dollar up: markets wrap

26 Jan 2021 /  Cormac Mullen, Bloomberg   1
Treasuries held an overnight climb and crude oil fluctuated under $53 a barrel.

SA stocks rally to record as Tencent surge boosts Naspers

25 Jan 2021 /  Adelaide Changole, Bloomberg  
Foreigners remained net sellers of South African stocks for a third consecutive day Friday.

LATEST South Africa  

Vaccinating 40m people could cost up to R24bn

27 Jan 2021 /  Alexander Winning, Reuters  
Mogajane warned that this was just an estimate.

SAA administrators gets R1.3bn from government

27 Jan 2021 /  Alexander Winning, Reuters  
The money would be used to pay accepted and signed voluntary severance packages.

SA’s Richards Bay says coal exports fell in 2020

27 Jan 2021 /  Tanisha Heiberg, Reuters  
Weighed down by Covid-19 disruptions, it said on Wednesday.

SA opposition party goes to court to seek vaccine clarity

27 Jan 2021 /  Wendell Roelf, Reuters   1
The government has said South Africa will get its first 1.5 million doses of AstraZeneca's vaccine from India's Serum Institute this month and next.

LATEST Tech  

Tesla emissions-credit revenue may boom again in 2021: Analyst

27 Jan 2021 /  Craig Trudell, Bloomberg  
A surge in regulatory-credit revenue had been a major factor in Tesla’s streak of quarterly profits that’s sent shares soaring.

[TOP STORY] Is Tesla overpriced relative to other car companies?

27 Jan 2021 /  Simon Brown   3
‘If Tesla gets self-driving right, I think that is something that could justify this kind of price' - Viv Govender of Rand Swiss.

UK data watchdog says millions have stopped using WhatsApp

27 Jan 2021 /  Anthony Aarons and Stephanie Bodoni, Bloomberg   2
'Users expect companies to maintain their trust and not to suddenly change the contract that they have with the users.' Elizabeth Denham said

TikTok owner’s sales doubled to $35bn despite US ban

27 Jan 2021 /  Bloomberg News   
Company managed to grow operating profit to roughly $7bn in 2020 from less than $4 billion the prior year
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