SA coronavirus lockdown; Cosatu wants payment holidays; Sasol plans; Petrol bonanza
Loading player...
In today's business headlines:
- The government has announced strict measures including travel bans, school closures and a ban on large gatherings to combat the spread of the coronavirus in South Africa. It comes as the official figure of positive cases rose to 61;
- Cosatu has called on the private sector to help to mitigate the impact of the coronavirus on the economy. with payment holidays and reduced interest rates;
- Sasol will hold a call with investors tomorrow to explain the measures it’s proposing after its shares price slumped 68% in the past week; and
- The Rand weakness and oil war between Russia and Saudi Arabia is expected to lead to a fuel prize bonanza for South African consumers with large reductions in fuel prices expected at the end of this month.
- The government has announced strict measures including travel bans, school closures and a ban on large gatherings to combat the spread of the coronavirus in South Africa. It comes as the official figure of positive cases rose to 61;
- Cosatu has called on the private sector to help to mitigate the impact of the coronavirus on the economy. with payment holidays and reduced interest rates;
- Sasol will hold a call with investors tomorrow to explain the measures it’s proposing after its shares price slumped 68% in the past week; and
- The Rand weakness and oil war between Russia and Saudi Arabia is expected to lead to a fuel prize bonanza for South African consumers with large reductions in fuel prices expected at the end of this month.
