SA can survive Covid-19 - IMF: Business leaders donate pay to CR anti-Covid battle; mines get back to work; Vodacom; MTN

Loading player...
In today's news headlines:
* South Africa is resilient enough to overcome the impact of the coronavirus pandemic as long as its policies are recalibrated toward economic growth once the crisis has passed, according to the International Monetary Fund;
* Business leaders across industries are following President Cyril Ramaphosa and his cabinet in taking about a third of their pay for the next three months and donating the money to a government fund to fight the coronavirus, says Bloomberg;
* South Africa’s mobile phone network operator Vodacom said on Thursday that data traffic on its network has jumped 40%, while MTN reports a 30% increase in traffic as people work remotely;
* Amazon's Jeff Bezos and Tesla's Elon Musk are getting richer, even though much of the world is under financial pressure as a result of the Covid-19 pandemic; and
* South Africa will allow mines to operate at 50% capacity during a nationwide lockdown to curb the spread of the coronavirus, says Reuters, which reports on amended government regulations published Thursday. Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Apr 2020 2PM English South Africa Investing · Business News

Other recent episodes

How solidarity plans to force out BEE by 2030: Connie Mulder | The NdB Sunday Show

In this edition of the NdB Sunday Show with Chris Steyn, Connie Mulder, the head of Solidarity's Research Institute (SRI) shares its comprehensive roadmap to gradually transition South Africa from race-based legislation to real empowerment, based on need, economic growth and job creation by 2030. It includes practical suggestions on…
17 May 7AM 30 min

How Egoli Youth Empowerment turned squash into a pathway to opportunity for Joburg's youth

Egoli Youth Empowerment started with squash courts in Soweto and grew into a holistic youth development programme spanning sport, academic support, life skills, leadership, entrepreneurship and urban farming. Director Glenn Lazarus and Programme Director Sharon Sibanda tell BizNews how EYE is creating safe spaces, developing young talent, and helping vulnerable…
15 May 9AM 19 min