Three Covid-19 cases; No need for travel ban; Moody's lowers forecast; Mining preps for virus; Short notice blackouts

Loading player...
In today's news headlines:
-The number of positive coronavirus cases in South Africa has risen to three, after the wife of the Kwazulu-Natal man who was the first case of the disease in South Africa, also tested positive. A second case in Gauteng is also linked to the couple. Health Minister Zweli Mkhize said there was no reason to fear the virus;
- President Cyril Ramaphosa said there was also no need for South Africa to implement travel bans related to countries affected by Covid-19 at this stage because there were only a few cases so far;
- Rating’s agency Moody’s has cut South Africa’s 2020 growth forecast from 0.7% to 0.4% saying the country’s growth prospects are at risk because of the coronavirus outbreak;
- The mining sector has put in place an action plan to deal with possible cases of the coronavirus as it acknowledged that there could be a high degree of exposure in the industry and is ready to mobilise large-scale medical facilities; and
- Eskom, despite not implementing loadshedding since the 22nd
of February, warned that it may have to implement blackouts ‘on short notice.’ Learn more about your ad choices. Visit megaphone.fm/adchoices
8 Mar 2020 1PM English South Africa Investing · Business News

Other recent episodes

BNC#8 - Restoring power to the people: A call for electoral reform and accountable leadership

This compelling address explores leadership, democracy, and the urgent need for electoral reform in South Africa. Drawing on personal experiences in government and constitutional development, the speaker highlights the growing disconnect between citizens and political representatives. Through powerful stories and reflections, he advocates for a system that empowers individuals to…
29 Mar 8AM 25 min

The NdB Sunday Show: Willem Els - Why terror groups love South Africa

On today’s NdB Sunday Show, Chris Steyn talks to Willem Els, a consultant at the Transnational Threats and Organised Crime and the Justice and Violence Prevention Programme at the Institute for Security Studies (ISS) about why South Africa is considered to be so attractive to terror networks. Els describes how…
29 Mar 5AM 15 min