Covid cases up to 1,353; SA trade surplus; Naspers jumps; SA leads Africa in Covid-19 campaign; new Sanlam bosses

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In today's news headlines:
* Covid-19 update: 1353 confirmed cases; total number of tests 39 ,000 says the Minister of Health;
* South Africa recorded its biggest trade surplus in 14 months in February as exports to Europe surged;
* Shares in Africa’s most-valuable company, Naspers, have advanced 11% since 2020 began, the best quarterly performance in a year, says Reuters;
* MTN will push on with a plan to reduce its majority stake in the wireless carrier’s Nigerian business, though turmoil caused by the coronavirus may require the sale to be done in smaller chunks than anticipated, that’s according to Bloomberg;
* Sanlam today announced that the Sanlam Board has approved new appointments in three of its most senior positions in the diversified financial services group;
* In other news making global headlines, South Africa will dispatch about 10,000 field workers to check up on people in their homes; and
* South Africa’s competition watchdog said it was investigating over 300 complaints against retailers and suppliers for charging excessive prices for essential products during the coronavirus outbreak, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
31 Mar 2020 11AM English South Africa Investing · Business News

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