
CR slams theft of Covid-19 parcels for the poor, looks to fix SA Inc; tributes pour in for Marc Wainer; oil plummets
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In today's news headlines:
* South Africa’s government is considering a range of proposals to help the economy recover from the impact of the coronavirus pandemic, including the potential sale of a R100bn ($5.3bn) social-impact bond, says Bloomberg;
* Tributes are pouring in for property doyen Marc Wainer, founder, former Chairman and CEO of Redefine Properties who has died at the age of 71;
* President Cyril Ramaphosa has promised tough action against individuals who have stolen Covid-19 parcels for the poor;
* Business leaders and consumers have slammed a government decision to ban the sale of hot cooked food; and
* The S&P 500 and the Dow Jones headed lower on Monday following a strong two-week rally as oil prices crashed and investors grew cautious at the start of a week that is likely to bring more dismal quarterly earnings reports and economic data, reports Reuters.
* South Africa’s government is considering a range of proposals to help the economy recover from the impact of the coronavirus pandemic, including the potential sale of a R100bn ($5.3bn) social-impact bond, says Bloomberg;
* Tributes are pouring in for property doyen Marc Wainer, founder, former Chairman and CEO of Redefine Properties who has died at the age of 71;
* President Cyril Ramaphosa has promised tough action against individuals who have stolen Covid-19 parcels for the poor;
* Business leaders and consumers have slammed a government decision to ban the sale of hot cooked food; and
* The S&P 500 and the Dow Jones headed lower on Monday following a strong two-week rally as oil prices crashed and investors grew cautious at the start of a week that is likely to bring more dismal quarterly earnings reports and economic data, reports Reuters.