Brace for downgrade shock - Mboweni; Motsepe's R1bn to fight Covid-19; Sasol
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In today's news headlines:
* The decision by Moody’s could not have come at a worse time, is the warning from Finance Minister Tito Mboweni. South Africa, like many other countries, is seized with containing the outbreak of the coronavirus;
* SA braces for the fallout from a Moody's credit ratings downgrade - which was expected, but comes at the worst possible time, government warns;
* Africa is 2-3 weeks away from coronavirus peak, says UN, as the continent reports more than 3,000 across countries;
* Covid-19 will hurt for at least 1 year, warn experts; and
* Sasol is producing alcohol sanitisers, prioritising SA market.
* The decision by Moody’s could not have come at a worse time, is the warning from Finance Minister Tito Mboweni. South Africa, like many other countries, is seized with containing the outbreak of the coronavirus;
* SA braces for the fallout from a Moody's credit ratings downgrade - which was expected, but comes at the worst possible time, government warns;
* Africa is 2-3 weeks away from coronavirus peak, says UN, as the continent reports more than 3,000 across countries;
* Covid-19 will hurt for at least 1 year, warn experts; and
* Sasol is producing alcohol sanitisers, prioritising SA market.
