Rand rallies on Moderna Covid-19 vaccine hope; 3m lost jobs in April; tourism sector calls for boycott of insurers

Loading player...
In today's news headlines:
* Consumer price growth has fallen to a 15-year, prompting speculation that there will be another interest rate cut.
* 3m South Africans lost their jobs, of which 2m were women; 1.5m got no pay in April.
* Tourism-related companies are calling for a boycott of companies like Santam and Guardrisk over their failure to pay up for business interruption as a result of the Covid-19 shutdowns.
* Eskom says it is in the dark about how long load-shedding will last.
* The British and Irish Lions tour to South Africa is to go ahead as planned.
* Rand has a good day amid news that Moderna has produced a promising Covid-19 vaccine. Learn more about your ad choices. Visit megaphone.fm/adchoices
15 Jul 2020 1PM English South Africa Investing · Business News

Other recent episodes

Golden handshakes, protection of allies, targeting of whistleblowers… - Grant Abbott

In his latest interview with Chris Steyn, Grant Abbott the General Secretary of the National Tertiary Education Union (NTEU) shares evidence collected over years for the criminal complaint lodged against Vice-Chancellor Professor Sakhela Buhlungu who was recently placed on precautionary suspension by the Council and now faces charges of gross…
15 Jun 5AM 19 min