CR: Level 3 lockdown from 1 June but hotspots closely monitored; booze allowed, no ciggies; Sasol; Hertz

Loading player...
In today's news headlines:
* President Cyril Ramaphosa sets out how Covid-19 lockdown will be managed in the next weeks, with South Africa’s strict lockdown measures set to ease in June;
* You'll soon be able to buy booze to drink at home, but cigarettes remain banned and restaurants will remain shut, says the president;
* Hertz, the car-rental company founded with a dozen Ford Model Ts over a century ago, has filed for bankruptcy, reports Bloomberg; and
* Petrochemicals giant Sasol, which has been hit by high debt levels and falling oil and chemical prices, has warned that it expects its full-year headline earnings to decrease by at least 20%. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 May 2020 1AM English South Africa Investing · Business News

Other recent episodes

Solly Moeng on Ramaphosa, his shadowy advisers and a fading legacy

In their weekly chat Chris Steyn and political commentator Solly Moeng dissect President Cyril Ramaphosa’s tough week on several fronts: The Madlanga Commission of Inquiry is seeking answers from his very influential former adviser, Dr Bejani Chauke, particularly in relation to WhatsApp chats with a notorious late taxi boss; his…
29 Oct 10AM 21 min