Court declares SA Covid-19 lockdown regulations 'invalid'; Nedbank, RMB named in forex scandal; Hammerson; Sasol
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In today's news headlines:
* A South African court has ruled that lockdown regulations implemented by the government are invalid. This was announced late on Tuesday by Phumla Williams, a spokeswoman for the cabinet;
* Nedbank Group, FirstRand’s Rand Merchant Bank and Standard Bank Group’s Standard Americas have been added to the expanded scope of prosecution in a currency trading scandal;
* The Reserve Bank will not buy debt directly from the government, because it does not want to discourage the government from carefully managing its costs;
* Mediclinic reports losses linked Covid-19 containment; and
* Hammerson, Sasol, Telkom leap on the JSE.
* A South African court has ruled that lockdown regulations implemented by the government are invalid. This was announced late on Tuesday by Phumla Williams, a spokeswoman for the cabinet;
* Nedbank Group, FirstRand’s Rand Merchant Bank and Standard Bank Group’s Standard Americas have been added to the expanded scope of prosecution in a currency trading scandal;
* The Reserve Bank will not buy debt directly from the government, because it does not want to discourage the government from carefully managing its costs;
* Mediclinic reports losses linked Covid-19 containment; and
* Hammerson, Sasol, Telkom leap on the JSE.
