CR: Level 3 lockdown from 1 June but hotspots closely monitored; booze allowed, no ciggies; Sasol; Hertz
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In today's news headlines:
* President Cyril Ramaphosa sets out how Covid-19 lockdown will be managed in the next weeks, with South Africa’s strict lockdown measures set to ease in June;
* You'll soon be able to buy booze to drink at home, but cigarettes remain banned and restaurants will remain shut, says the president;
* Hertz, the car-rental company founded with a dozen Ford Model Ts over a century ago, has filed for bankruptcy, reports Bloomberg; and
* Petrochemicals giant Sasol, which has been hit by high debt levels and falling oil and chemical prices, has warned that it expects its full-year headline earnings to decrease by at least 20%.
* President Cyril Ramaphosa sets out how Covid-19 lockdown will be managed in the next weeks, with South Africa’s strict lockdown measures set to ease in June;
* You'll soon be able to buy booze to drink at home, but cigarettes remain banned and restaurants will remain shut, says the president;
* Hertz, the car-rental company founded with a dozen Ford Model Ts over a century ago, has filed for bankruptcy, reports Bloomberg; and
* Petrochemicals giant Sasol, which has been hit by high debt levels and falling oil and chemical prices, has warned that it expects its full-year headline earnings to decrease by at least 20%.
