Flash Briefing: CR slams Britain, EU for hoarding vaccines; economic disaster looms, warns Winde; Steinhoff; Naspers

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* President Cyril Ramaphosa on Tuesday urged wealthy countries not to hoard surplus Covid-19 vaccine supplies, adding his voice to calls for global production to be shared more equally.
* Western Cape Premier Alan Winde has called on government to urgently ease Covid-19 restrictions in the provice to avoid an economic disaster.
* Retailer Pepkor Holdings said on Tuesday that sales in its first quarter rose by 7.7% as it continued to acquire market share.
* Struggling retail holding investment company Steinhoff is looking to dispose of one of its best performing assets in discount retailer Pepco.
* US stocks crept higher after major indexes hit records a day earlier and investors readied for a slew of blue-chip earnings.
* Naspers and Prosus lost about 5% by the end of the trading session, following Tencent down as traders in Hong Kong took profits following Monday’s surge. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Jan 2021 11AM English South Africa Investing · Business News

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