Covid-19 deaths up in WC, KZN; SA economy could shrink by 16%, take 7m jobs - Treasury; SA plans new SAA

Loading player...
In today's news headlines:
* As South Africa’s lockdown restrictions were eased slightly at the weekend, many were out enjoying early morning exercise. But public health officials have urged vigilance on social distancing. At least 123 people had died of Covid-19 in South Africa by Saturday, with the highest number of deaths reported in the Western Cape;
* A drug used to fight the ebola virus has received emergency approval to treat Covid-19 patients in the US. Gilead Science's antiviral drug remdesivir reduces recovery time in hospital, according to an early study;
* South Africa’s Covid-19 containment measures could lead to 7m job losses by the end of this year and the economy could contract by more than 16% in 2020, Treasury estimates showed; and
* South Africa is seeking to create a new thriving national airline out of the ashes of SAA, which is technically insolvent and on the brink of being placed into liquidation. An ideal replacement for South African Airways would have both public and private owners, maintain the country’s trade connections and make a profit, the Department of Public Enterprises said in a statement. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 May 2020 8AM English South Africa Investing · Business News

Other recent episodes

Rory Steyn on who really runs South African sport

In two years, Comrades runners threw out a board accused of vote-buying and steering tenders to friends, and cut ties with the provincial and national athletics bodies to run their own race. Swimming South Africa had to wait for an integrity panel in Switzerland to act. Rory Steyn, Nelson Mandela's…
29 Sep 11AM 39 min

Criminals - NOT cops - patrol SA’s streets of fear… | Lisa Schickerling

In this interview Chris Steyn and Lisa Schickerling, the Democratic Alliance (DA) spokesperson on Police, talk about a country in the grip of fear in the wake of mass killings, multiple murders, crime increasing in areas where the SANDF have been deployed, and suspended Deputy National Commissioner of Police General…
28 Sep 9AM 21 min