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Editor

JSE

South African stocks slide in seesaw start to the week

26th January 202126th January 2021

South Africa’s main stocks index declined by around 1%, after a slump in Tencent pulled benchmark giant Naspers and Prosus lower.

Who is reading your email

Bosberaad Babelaas

25th January 202126th January 2021

A strange and somewhat heretical thought hit me recently: what, if any, is the value of (corporate) strategy?

Moderna

Moderna to bolster its vaccine to fight SA Covid-19 strain

25th January 2021

Moderna will soon begin human trials for a booster shot, aimed at neutralising the SA strain of Covid-19, after promising animal testing.

Zimbabwe

Covid-19 breaks Zimbabwe, Health Minister denies disaster

25th January 202125th January 2021

Covid-19 has been the last straw to break Zimbabwe’s healthcare system. A politician has told citizens to buy their own ventilators.

African Bank

African Bank CEO resigns, CFO appointed as interim successor

25th January 202125th January 2021

African Bank stakeholders are advised that Basani Maluleke has resigned and will serve out her notice period until 30 April 2021.

Woolworths

Woolworths shines as food business keeps delivering

25th January 2021

Woolworths Group sales for the 26 weeks ended 27 December 2020 increased by 5.3% compared to the prior period.

Johann Rupert

UPDATE: Johann Rupert denies jumping the vaccine queue in Switzerland

22nd January 202122nd January 2021

‘Rupert said his physician arranged the vaccination because he is 70 and has co-morbidities as defined by Swiss law’, says Bloomberg.

Mediclinic

Mediclinic treats 2nd wave challenges with efficacy

22nd January 202122nd January 2021

Q3 Group revenue up 2.5%; supported by unseasonably high inpatient activity at Mediclinic Southern Africa and Mediclinic Middle East.

Ramaphosa

Ramaphosa approves legislation to regulate political party funding

22nd January 202122nd January 2021

‘President Cyril Ramaphosa has approved legislation that will regulate public and private funding of political parties’, says Bloomberg.

Rand

Why has the rand made a come-back?

22nd January 2021

The rand was under massive pressure and traded at R19.26 in the first week of April 2020, shortly after SA went into hard lockdown.

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