SA coronavirus lockdown; Cosatu wants payment holidays; Sasol plans; Petrol bonanza
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In today's business headlines:
- The government has announced strict measures including travel bans, school closures and a ban on large gatherings to combat the spread of the coronavirus in South Africa. It comes as the official figure of positive cases rose to 61;
- Cosatu has called on the private sector to help to mitigate the impact of the coronavirus on the economy. with payment holidays and reduced interest rates;
- Sasol will hold a call with investors tomorrow to explain the measures it’s proposing after its shares price slumped 68% in the past week; and
- The Rand weakness and oil war between Russia and Saudi Arabia is expected to lead to a fuel prize bonanza for South African consumers with large reductions in fuel prices expected at the end of this month. Learn more about your ad choices. Visit megaphone.fm/adchoices
- The government has announced strict measures including travel bans, school closures and a ban on large gatherings to combat the spread of the coronavirus in South Africa. It comes as the official figure of positive cases rose to 61;
- Cosatu has called on the private sector to help to mitigate the impact of the coronavirus on the economy. with payment holidays and reduced interest rates;
- Sasol will hold a call with investors tomorrow to explain the measures it’s proposing after its shares price slumped 68% in the past week; and
- The Rand weakness and oil war between Russia and Saudi Arabia is expected to lead to a fuel prize bonanza for South African consumers with large reductions in fuel prices expected at the end of this month. Learn more about your ad choices. Visit megaphone.fm/adchoices
