Covid-19 SA cases rise, world hits 10m; NDZ wins tobacco ban court case; Zimbabwe cash crisis
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In today's headlines:
* More than 10m people around the world are confirmed as having contracted Covid-19 - and more than 500,000 people have died of the new coronavirus;
* Dean of the Faculty of Health Sciences at the University of the Witwatersrand, Prof Martin Veller told BizNews that although the numbers are low the country is experiencing a sharp rise in cases;
* In a blow for Steinhoff shareholders, a judge dismissed a class action suit against the retailer, but says Steinhoff can go after Steinhoff directors and the auditors, Deloitte, who should have rung the alarm bells to put a stop to deals;
* The South African government has won a legal battle challenging a ban on tobacco sales in the country that was imposed in late March as part of lockdown rules, meaning stores won’t be able to sell cigarettes until further notice; and
* The Zimbabwean government has blocked bank accounts as the economic crisis deepens.
* More than 10m people around the world are confirmed as having contracted Covid-19 - and more than 500,000 people have died of the new coronavirus;
* Dean of the Faculty of Health Sciences at the University of the Witwatersrand, Prof Martin Veller told BizNews that although the numbers are low the country is experiencing a sharp rise in cases;
* In a blow for Steinhoff shareholders, a judge dismissed a class action suit against the retailer, but says Steinhoff can go after Steinhoff directors and the auditors, Deloitte, who should have rung the alarm bells to put a stop to deals;
* The South African government has won a legal battle challenging a ban on tobacco sales in the country that was imposed in late March as part of lockdown rules, meaning stores won’t be able to sell cigarettes until further notice; and
* The Zimbabwean government has blocked bank accounts as the economic crisis deepens.
