Desperate restaurant, bar owners protest in streets; gold stocks soar, but investors stay away from SA; Zim crisis

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* Thousands of South African restaurant and bar owners placed tables and chairs on the streets outside their premises on Wednesday in a nationwide protest against lockdown restrictions that prevent them from selling alcohol or trading after 9pm.
* Retail sales plunged 50% in April, says Statistics SA.
* Not even a record rally can entice foreign investors to South African gold stocks.
* The University of the Witwatersrand has appointed Maurice Radebe as the new Head and Director of the Wits Business School.
* Zimbabwe President Emmerson Mnangagwa has announced a night-time curfew and other measures to tackle rising Covid-19 infections, though critics say these measures are linked to growing discontent over his rule.
* End of an era as last Rivonia trialist, Andrew Mlangeni, has died after being admitted to hospital with stomach complaints. President Ramaphosa said: “The passing of Andrew Mekete Mlangeni signifies the end of a generational history and places our future squarely in our hands." Learn more about your ad choices. Visit megaphone.fm/adchoices
22 Jul 2020 1PM English South Africa Investing · Business News

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