Flash Briefing: Covid-19 roll-out is a farce - politicians; petrol price hike looms; interest rate risk; MTN, Vodacom
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* The ANC government is trying to spin it otherwise, but there is no national rollout by government, says Steenhuisen. The only roll out so far has been the expansion of the Johnson & Johnson trials, run by trial scientists around existing trial sites, using other countries’ leftover J&J trial vaccines, he says.
* Coca-Cola is weighing options for its bottling business in Africa, including a sale or initial public offering, reports Bloomberg.
* South Africa’s rising long term bond yields and the related cost of government borrowing remain a concern, ratings firm S&P Global said in its second quarter economic outlook for emerging markets.
* The Automobile Association (AA) says it expects a further hefty hike in fuel prices in April with 95 ULP heading into record territory when the Department of Mineral Resources and Energy makes the official adjustment next Wednesday.
* South Africa opened up a telecommunications contract to supply 1.2 million government employees, allowing arch rivals MTN Group Ltd. and Vodacom Group Ltd. to share in the state business, says Bloomberg
* South Africa’s trade surplus widened to about R29 billion rand in February from a revised surplus of about R12.5 billion in January, data from the revenue service showed on Wednesday. Learn more about your ad choices. Visit megaphone.fm/adchoices
* Coca-Cola is weighing options for its bottling business in Africa, including a sale or initial public offering, reports Bloomberg.
* South Africa’s rising long term bond yields and the related cost of government borrowing remain a concern, ratings firm S&P Global said in its second quarter economic outlook for emerging markets.
* The Automobile Association (AA) says it expects a further hefty hike in fuel prices in April with 95 ULP heading into record territory when the Department of Mineral Resources and Energy makes the official adjustment next Wednesday.
* South Africa opened up a telecommunications contract to supply 1.2 million government employees, allowing arch rivals MTN Group Ltd. and Vodacom Group Ltd. to share in the state business, says Bloomberg
* South Africa’s trade surplus widened to about R29 billion rand in February from a revised surplus of about R12.5 billion in January, data from the revenue service showed on Wednesday. Learn more about your ad choices. Visit megaphone.fm/adchoices
