Flash briefing: Cape company gets set to produce Covid vaccines; economic crisis; Famous Brands; Sasol

In today’s news headlines:
* Biovac, a Cape company, says it could produce vaccines for a quarter to half of South Africa;
* At least 20% of jobs are lost forever thanks to Covid-19 lockdown, says an analyst;
* Finance Minister Tito Mboweni has asked for a deadline extension to develop plans to fix South Africa, with President Cyril Ramaphosa scheduled to make important announcements today (Thursday, Oct 15); and
* Famous Brands announced that its British chain of restaurants, GBK, had gone into administration - and a few hours later it was disclosed that a rescuer had been found for many of its sites