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.’
8 Mar 2020 1PM English South Africa Investing · Business News

Other recent episodes

Herman Mashaba: Come 2025 – we will remove the ANC

Entrepreneur and former Mayor of Johannesburg Herman Mashaba is an independent politician. After resigning from the Democratic Alliance and his mayoral position, Mashaba launched The People’s Dialogue in December with the objective to “engage” South Africans in a conversation about the future of our country. Mashaba has even gone as…
29 Jul 2020 6AM 14 min

B4SA's Martin Kingston: New Covid-19 model 'conservative, responsible'

Business for South Africa representative Martin Kingston discusses Covid-19 models and fixing South Africa with BizNews founder Alec Hogg. "There are as many models as there are epidemiologists and statisticians as far as I'm concerned. But I feel the one that we have now seen and been shown today is…
29 Jul 2020 5AM 15 min