Rand strengthens; Covid-19 deaths near 800; taxpayers fund King Goodwill pay increase to R72m; Mediclinic
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In today's news headlines:
* South Africa has reported 50 more Covid-19 related deaths. This brings the total reported number of deaths from Covid-19 to 755, with 567 of these in the Western Cape, says the government;
* South Africa’s long-suffering taxpayers will fund Zulu King Goodwill Zwelithini’s lifestyle to the tune of more than R72m;
* The Vaal Dam has plunged to a record low, sparking warnings to residents who rely on the water source to take steps to save water;
* Mediclinic shrugged off a nearly R7bn loss on Wednesday, with analysts telling BizNews that long-term demand for private healthcare looks promising; and
* South Africa’s rand strengthened on Wednesday, trading at its strongest in 11 weeks against the US dollar. Less than R17 was trading for one greenback by late on Wednesday.
* South Africa has reported 50 more Covid-19 related deaths. This brings the total reported number of deaths from Covid-19 to 755, with 567 of these in the Western Cape, says the government;
* South Africa’s long-suffering taxpayers will fund Zulu King Goodwill Zwelithini’s lifestyle to the tune of more than R72m;
* The Vaal Dam has plunged to a record low, sparking warnings to residents who rely on the water source to take steps to save water;
* Mediclinic shrugged off a nearly R7bn loss on Wednesday, with analysts telling BizNews that long-term demand for private healthcare looks promising; and
* South Africa’s rand strengthened on Wednesday, trading at its strongest in 11 weeks against the US dollar. Less than R17 was trading for one greenback by late on Wednesday.
