Expect Covid-19 life for 1 year - CR; lockdown risks more lives than it saves: Allan Gray; Oppenheimers help Phumelela
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In today's news headlines:
* The number of reported Covid-19 deaths reached 206 in South Africa on Monday, which is a relatively small figure of the 284,000 deaths worldwide. Andrew Lapping, the Cape Town-based chief investment officer at private investment house Allan Gray, is among the analysts who warn that Covid-19 containment measures are having a devastating effect on the long-term health of the economy;
* We must be prepared to continue to live with the coronavirus among us for a year or even more, President Cyril Ramaphosa tells South Africa in his e-newsletter;
* With the horse racing sector teetering on collapse as a result of Covid-19 containment measures that have halted all sporting activity, a branch of the Oppenheimer family has moved to help Phumelela, a horse racing company in deep trouble; and
* The Johannesburg Stock Exchange is to offer temporary relief to companies in financial distress because of the coronavirus crisis, including cutting fees for new listings and extended payment terms.
* The number of reported Covid-19 deaths reached 206 in South Africa on Monday, which is a relatively small figure of the 284,000 deaths worldwide. Andrew Lapping, the Cape Town-based chief investment officer at private investment house Allan Gray, is among the analysts who warn that Covid-19 containment measures are having a devastating effect on the long-term health of the economy;
* We must be prepared to continue to live with the coronavirus among us for a year or even more, President Cyril Ramaphosa tells South Africa in his e-newsletter;
* With the horse racing sector teetering on collapse as a result of Covid-19 containment measures that have halted all sporting activity, a branch of the Oppenheimer family has moved to help Phumelela, a horse racing company in deep trouble; and
* The Johannesburg Stock Exchange is to offer temporary relief to companies in financial distress because of the coronavirus crisis, including cutting fees for new listings and extended payment terms.
