LATEST Covid-19  

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

Covid-19 recovery will take years – Tsogo Sun Hotels CEO

1 Jun 2020 /  Suren Naidoo  
March was 'a catastrophe', with the start of lockdown resulting in the total closure of its portfolio.

Why cash may not be king

1 Jun 2020 /  Ryk van Niekerk  
Cut interest rates mean conservative investors may have to brave more risky alternatives.

Concern over worker safety grows

29 May 2020 /  Tebogo Tshwane   8
As employers fail to comply with Covid-19 regulations. From June 1 most of South Africa's industries can return to full operation.

Arrowhead and Exemplar deliver better than expected results

29 May 2020 /  Suren Naidoo  
But Covid-19 presents risks for the property sector.

South Africa has backlog of about 80 000 Covid-19 tests

29 May 2020 /  Amogelang Mbatha, Bloomberg    5
As a shortage of kits hinders testing.

Covid-19: Taxpayers can apply for a tax debt deferment

29 May 2020 /  Amanda Visser   1
Up to 35% of an employer’s total employee PAYE tax liability may be deferred as well as 35% of its provisional tax liability.

Business in Level 3 – what you need to know

29 May 2020 /  Tebogo Tshwane   10
Workplace plans, agreements and hypervigilance.

Green shoots emerge in world economy as virus lockdowns ease

28 May 2020 /  Rich Miller, Fergal O'Brien and Michelle Jamrisko, Bloomberg  
US sentiment stabilises as future expectations tick up.

SA’s latest Covid-19 stats: The good and the bad

28 May 2020 /  Suren Naidoo   4
Highest number of tests done in a day, but infections also reach a new daily peak.

The inescapable truths investors face now

28 May 2020 /  Keith Wade   7
Covid-19 reality: What the combination of higher savings rates and lower capital investment means for global growth.

Pepkor ‘confident’ it will gain market share amid pandemic

28 May 2020 /  Melitta Ngalonkulu   1
As it continues to provide discounted products for babies and children.

Sasol says fuel stations not up for sale

27 May 2020 /  Suren Naidoo   20
Central Energy Fund denounces reports of it wanting to buy Sasol’s stations.

Steep US stock correlations show virus’s impact on markets

27 May 2020 /  Cormac Mullen, Bloomberg   
S&P 500 three-month realised correlation elevated despite VIX slump.

Is economic power shifting to the East?

26 May 2020 /  Moneyweb  
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French restaurant ruling puts coronavirus claims on global menu

26 May 2020 /  Maya Nikolaeva and Sudip Kar-Gupta, Reuters  
Move could increase pressure on insurers elsewhere.

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