CR finds R500bn to boost SA to ease Covid-19 strain, job creation; Land Bank, SAA failures; Sasol; Rand
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In today's news headlines:
* As the number of Covid-19 deaths in South Africa hovers around 60, President Cyril Ramaphosa and his team have found R500bn to boost the economy as it takes strain under Covid-19 containment measures;
* Another State Owned Enterprise, this time the Land Bank, is in deep financial trouble, warning that defaults loom;
* The Public Enterprises Ministry has promised to work with unions to develop a new airline out of the ashes of SAA; and
* Sasol's share price, which has been decimated this year, has been unfairly treated by investors, says Old Mutual.
* As the number of Covid-19 deaths in South Africa hovers around 60, President Cyril Ramaphosa and his team have found R500bn to boost the economy as it takes strain under Covid-19 containment measures;
* Another State Owned Enterprise, this time the Land Bank, is in deep financial trouble, warning that defaults loom;
* The Public Enterprises Ministry has promised to work with unions to develop a new airline out of the ashes of SAA; and
* Sasol's share price, which has been decimated this year, has been unfairly treated by investors, says Old Mutual.
