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LATEST Covid-19  

Coverage of the business and financial impact of the Covid-19 epidemic.

Small and medium general building confidence at highest level in three years

26 Oct 2021 /  Roy Cokayne  
Activity is being driven partly by the rebuilding of infrastructure damaged in the July unrest.

FNB steps up travel rewards as rivals flounder

25 Oct 2021 /  Moneyweb   2
Why is the bank making significant investments in lounges and flight discounts?

5 key investment trends to watch in 2022

24 Oct 2021 /  Jacobus Brink   1
Digital technologies in general have enjoyed steady growth during 2021, gathering momentum which is likely to continue throughout 2022.

Pandemic heightens SA investors’ awareness of sustainability issues

24 Oct 2021 /  Kondi Nkosi   4
The majority of those whose interest in ESG had increased were 51-70 years old: Schroders Global Investor Study 2021.

Two LSE-listed Umuthi Healthcare execs arrested on charges of fraud

22 Oct 2021 /  Ciaran Ryan   5
Amid allegations funds from share sales were deposited into personal bank accounts.

Clicks continues expansion, plans to open 11 baby ‘showroom’ stores

22 Oct 2021 /  Suren Naidoo   3
Part of a bigger rollout of up to 30 new outlets in FY 2022 and target of achieving a retail footprint of 900 stores in the next few years.

Pfizer/BioNTech booster shot restores full Covid protection

21 Oct 2021 /  Naomi Kresge, Bloomberg   7
Results that are likely to bolster the argument for giving a third dose more widely.

CMH interim headline earnings dramatically up

21 Oct 2021 /  Simon Brown  
‘There’s a bigger shortage, I think, in the used-car space, than...in the new-car space at the moment’: Jebb McIntosh – CEO Combined Motor Holdings.

Office property vacancies hit ‘all-time high’ – Sapoa

UPDATE
21 Oct 2021 /  Suren Naidoo   23
Over 2.91 million square metres of available space is currently unoccupied, and the situation is likely to get worse.

Trading disruptions see PnP suffer R1.7bn revenue loss

20 Oct 2021 /  Fifi Peters   3
New CEO Peter Boone has arrived, during a difficult riotous first-half trading period for the group, aiming at ‘not a revolution, but an evolution’: Lerena Olivier – CFO, Pick n Pay.

UK rules out another lockdown even with cases on the rise

20 Oct 2021 /  Alex Morales, Bloomberg  
'I categorically rule out' new lockdown measures.

Economic recovery not responsible for new vehicle demand exceeding supply – CMH

20 Oct 2021 /  Roy Cokayne   2
'Return of abundant supply will expose the dearth of customers who can afford a new vehicle', warns CEO Jebb McIntosh.

Acsa’s annus horribilis as FY loss hits R2.6bn

19 Oct 2021 /  Suren Naidoo   11
Despite the devastating impact of Covid-19, group says the worst is over and its balance sheet remains strong.

Lessons learned from managing one of SA’s top-performing funds of the last decade

19 Oct 2021 /  Ciaran Ryan  
Through the Zuma years, through Covid and the July 2021 riots, risk has been a constant feature.

Discovery not the only medical scheme losing members

19 Oct 2021 /  Moneyweb   23
Only Gems grew materially in 2020 ….
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