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Latest news and views in Brief
The New Development Bank approved a $1bn emergency loan for SA to support govt efforts to contain the economic impact of the Covid-19 pandemic.
The new business, called Thungela Resources Ltd., will be listed in Johannesburg and London in June, the miner said in a statement on Thursday.
In 2019, Richards Bay Minerals – the SA arm of Rio Tinto halted work at the project after protests led to an employee being shot and injured, says Bloomberg.
Singapore once again warned the public about the risks of trading cryptocurrencies like Bitcoin, a market that while relatively small.
‘The deal had been delayed by Pfizer’s insistence that SA’s health and finance ministers personally sign the pact’, reports Bloomberg.
‘The use of gas is still a necessary step, according to Ntoi, whose fund has invested about R9 bn in South African renewable energy plants’.
An Islamic-State-linked group has claimed the violence that erupted in Mozambique over a week ago that prompted thousands to flee Palma, says Bloomberg.
Bloomberg says the AstraZeneca vaccines were sold to 18 member states of the African Union, according to Health Minister Zweli Mkhize.
The bank has raised the alarm around proposals to revive a govt-backed credit programme designed to aid businesses battered by Covid-19, says Bloomberg.
The Johnson & Johnson shot has been approved by regulators for general use after President Ramaphosa said SA will get more than 30m doses.