Flash Briefing: Nearly 50% of businesses rejected for R200bn relief; Moderna shot for SA; airline price war; Zuma

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* The Banking Association of South Africa said in a statement on Wednesday that, at the current rate, only R18.9 billion rand - or about 10% - of the R200bn available to help businesses recover from Covid-19 will be allocated.
* Moderna has offered to supply its coronavirus vaccine to South Africa, in what would be its first deal to sell shots to an African nation, says Bloomberg.
* Airlines have slashed flight prices on the back of low demand in South Africa.
* A South African judicial panel said it will lay a criminal complaint against former President Jacob Zuma over his failure to appear before an inquiry into state corruption during his rule.
* The big story on US stock markets was move by Jeff Bezos from chief executive of Amazon. to executive chairman.
* Distell was among the top performers on the JSE on the back of good revenue outside SA. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Feb 2021 11AM English South Africa Investing · Business News

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