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South Africa

Virus Outbreak Zimbabwe

DISTRESS CALL

Coronavirus: Ease sanctions for Zimbabwe and Sudan pleads AU Chair

African Union (AU) chairperson Cyril Ramaphosa has implored the international community to lift economic sanctions against Zimbabwe and Sudan ... to enable the countries to fight the spread of COVID-19.

Article 4/10 of "Corona Chronicles: 27 April – 30 April"

Retail Strategy

Coronavirus: Woolworths small-shop formats well suited to post-pandemic

South African convenience food shopping is a more likely long-term winner from COVID-19 and social distancing than online retail. ...

Article 5/10 of "Corona Chronicles: 27 April – 30 April"

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Knockout Blow

Coronavirus: South African mining losses sealed from lockdown

The partial easing of coronavirus lockdown restrictions is likely too little, too late to save smaller South African miners and supply companies. ...

Article 8/10 of "Corona Chronicles: 27 April – 30 April"

end of the line

South African Airways set to be carved up by competitors

Airlines are being hit hard by the coronavirus crisis. In intensive care for several years, the former South African flagship should be liquidated ... in a few days. Several private operators such as Comair, FlySafair and Airlink are jostling to take over its few profitable activities.

Virus Outbreak South Africa

BREAD AND BUTTER

Coronavirus: South Africa to ease lockdown to level 4 as of 1 May says Ramaphosa

South Africa will gradually reopen the economy on 1 May, when its lockdown will be eased to level 4, President Cyril Ramaphosa said in an address ... late Thursday.

Article 1/10 of "Corona Chronicles: 20 April – 24 April"

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COVID COMFORT

Coronavirus: Ramaphosa ramps up economic relief measures as pandemic grows

President Cyril Ramaphosa is exploring a phased approach to reopening South Africa’s struggling economy and has unveiled a R500bn relief ... package.

Strategy Reset

Coronavirus: Sanlam delays plans to enter Ethiopia and Egypt until pandemic weakens

The COVID-19 pandemic means Sanlam’s plans to expand into Ethiopia and Egypt have been put on the back burner, Heinie Werth, CEO of Sanlam’s ... emerging markets unit, told The Africa Report.

South Africa Virus Outbrake

KNOCK-ON EFFECT

Coronavirus: South Africa expects economy to tank as it grapples with pandemic

South Africa is bracing for a deep recession amid the COVID-19 outbreak, and is engaging with domestic and international financiers to mount ... an adequate response.

Article 1/10 of "Corona Chronicles: 13 April – 17 April"

Digital Banking Tested

South Africa’s digital Bank Zero: on track to launch despite pandemic

Bank Zero, the digital bank which in 2019 postponed plans to launch in South Africa until mid 2020, says it still plans to become operational ... in the face of COVID 19.

Virus Outbreak South Africa

Equity Strategy

Coronavirus: Prosus shines with increased demand for food deliveries

Home food delivery and digital ways to pay for it are suddenly all the rage. That means it’s time for a fresh look at Prosus. ...

1 ...<5 678 9 >... 211

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