Covid-19 deaths up in WC, KZN; SA economy could shrink by 16%, take 7m jobs - Treasury; SA plans new SAA
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In today's news headlines:
* As South Africa’s lockdown restrictions were eased slightly at the weekend, many were out enjoying early morning exercise. But public health officials have urged vigilance on social distancing. At least 123 people had died of Covid-19 in South Africa by Saturday, with the highest number of deaths reported in the Western Cape;
* A drug used to fight the ebola virus has received emergency approval to treat Covid-19 patients in the US. Gilead Science's antiviral drug remdesivir reduces recovery time in hospital, according to an early study;
* South Africa’s Covid-19 containment measures could lead to 7m job losses by the end of this year and the economy could contract by more than 16% in 2020, Treasury estimates showed; and
* South Africa is seeking to create a new thriving national airline out of the ashes of SAA, which is technically insolvent and on the brink of being placed into liquidation. An ideal replacement for South African Airways would have both public and private owners, maintain the country’s trade connections and make a profit, the Department of Public Enterprises said in a statement.
* As South Africa’s lockdown restrictions were eased slightly at the weekend, many were out enjoying early morning exercise. But public health officials have urged vigilance on social distancing. At least 123 people had died of Covid-19 in South Africa by Saturday, with the highest number of deaths reported in the Western Cape;
* A drug used to fight the ebola virus has received emergency approval to treat Covid-19 patients in the US. Gilead Science's antiviral drug remdesivir reduces recovery time in hospital, according to an early study;
* South Africa’s Covid-19 containment measures could lead to 7m job losses by the end of this year and the economy could contract by more than 16% in 2020, Treasury estimates showed; and
* South Africa is seeking to create a new thriving national airline out of the ashes of SAA, which is technically insolvent and on the brink of being placed into liquidation. An ideal replacement for South African Airways would have both public and private owners, maintain the country’s trade connections and make a profit, the Department of Public Enterprises said in a statement.
