Flash Briefing: Covid-19 turbocharges SA e-commerce; Most SAs want Covid jab - survey; Naspers-Tencent; oil; inflation
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* The total growth for online retail in South Africa in 2020 came to 66%, bringing the total to R30.2-billion, reports MyBroadband.co.za.
* South Africans aren't anti-vaccers. In fact, at least seven in every 10 adults surveyed in the National Income Dynamics Study – Coronavirus Rapid Mobile Survey - would get a jab if it was available.
* Dutch-listed technology investor Prosus NV plans to raise its stake in South African parent Naspers to nearly 50% in a share swap deal that will move part of their huge holding in China’s Tencent to Amsterdam from Johannesburg.
* The oil supply glut that built up after the pandemic forced producing countries to slash output has almost returned to normal levels, the International Energy Agency said Wednesday.
* US consumer inflation rose far more than expected in Apr 2021 to 4.2%y/y, with core inflation up at 3.0%. Stanlib Chief economist Kevin Lings notes that US inflation could remain uncomfortably high for an extended period, unsettling financial markets. Learn more about your ad choices. Visit megaphone.fm/adchoices
* South Africans aren't anti-vaccers. In fact, at least seven in every 10 adults surveyed in the National Income Dynamics Study – Coronavirus Rapid Mobile Survey - would get a jab if it was available.
* Dutch-listed technology investor Prosus NV plans to raise its stake in South African parent Naspers to nearly 50% in a share swap deal that will move part of their huge holding in China’s Tencent to Amsterdam from Johannesburg.
* The oil supply glut that built up after the pandemic forced producing countries to slash output has almost returned to normal levels, the International Energy Agency said Wednesday.
* US consumer inflation rose far more than expected in Apr 2021 to 4.2%y/y, with core inflation up at 3.0%. Stanlib Chief economist Kevin Lings notes that US inflation could remain uncomfortably high for an extended period, unsettling financial markets. Learn more about your ad choices. Visit megaphone.fm/adchoices
