SA can survive Covid-19 - IMF: Business leaders donate pay to CR anti-Covid battle; mines get back to work; Vodacom; MTN
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In today's news headlines:
* South Africa is resilient enough to overcome the impact of the coronavirus pandemic as long as its policies are recalibrated toward economic growth once the crisis has passed, according to the International Monetary Fund;
* Business leaders across industries are following President Cyril Ramaphosa and his cabinet in taking about a third of their pay for the next three months and donating the money to a government fund to fight the coronavirus, says Bloomberg;
* South Africa’s mobile phone network operator Vodacom said on Thursday that data traffic on its network has jumped 40%, while MTN reports a 30% increase in traffic as people work remotely;
* Amazon's Jeff Bezos and Tesla's Elon Musk are getting richer, even though much of the world is under financial pressure as a result of the Covid-19 pandemic; and
* South Africa will allow mines to operate at 50% capacity during a nationwide lockdown to curb the spread of the coronavirus, says Reuters, which reports on amended government regulations published Thursday.
* South Africa is resilient enough to overcome the impact of the coronavirus pandemic as long as its policies are recalibrated toward economic growth once the crisis has passed, according to the International Monetary Fund;
* Business leaders across industries are following President Cyril Ramaphosa and his cabinet in taking about a third of their pay for the next three months and donating the money to a government fund to fight the coronavirus, says Bloomberg;
* South Africa’s mobile phone network operator Vodacom said on Thursday that data traffic on its network has jumped 40%, while MTN reports a 30% increase in traffic as people work remotely;
* Amazon's Jeff Bezos and Tesla's Elon Musk are getting richer, even though much of the world is under financial pressure as a result of the Covid-19 pandemic; and
* South Africa will allow mines to operate at 50% capacity during a nationwide lockdown to curb the spread of the coronavirus, says Reuters, which reports on amended government regulations published Thursday.
