
Covid-19: SA innovation leads Africa; huge job losses loom; SA property companies in trouble; MTN
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In today's headlines:
* As South Africa enters its second week of a government-imposed lockdown, the country has been praised globally for leading efforts to stop Covid-19 in its tracks on the African continent;
* With economic activity almost at a standstill, around half of the jobs in all of Africa are at risk;
* Global Property Research, which tracks property indices, says Africa is leading prices of the world's listed real estate companies downwards and warns international investors that SA companies want a two-year reprieve from paying dividends; and
* Shares in MTN Group leapt as much as 18% on Thursday, helped by signs that the oil market could stabilise after a slump in prices.
* As South Africa enters its second week of a government-imposed lockdown, the country has been praised globally for leading efforts to stop Covid-19 in its tracks on the African continent;
* With economic activity almost at a standstill, around half of the jobs in all of Africa are at risk;
* Global Property Research, which tracks property indices, says Africa is leading prices of the world's listed real estate companies downwards and warns international investors that SA companies want a two-year reprieve from paying dividends; and
* Shares in MTN Group leapt as much as 18% on Thursday, helped by signs that the oil market could stabilise after a slump in prices.