David Shapiro: Cyril’s tough Covid-19 rules encourage wealthy to invest outside SA

South Africa's booze ban has angered far more people than those who are missing out on their favourite tipple. Businesses that are in the alcohol business chain are in jeopardy after being ordered to stop operating again – and without notice. This is on top of the enduring mystery about how South Africa's ban on tobacco sales can halt the spread of the coronavirus and ensure there are enough hospital beds to cope with the pandemic. There's also the impression that ANC leaders are enjoying the extra power that comes with being able to make laws unilaterally, as is the case in a national disaster. Closely followed stockbroker David Shapiro tells BizNews founder Alec Hogg that the type of decision-making seen this week encourages the wealthy to seek investment opportunities outside South Africa. – Editor

David Shapiro, Alec Hogg on Covid-19 restrictions, including prohibition

David isn't it funny, we go on to a noontime webinar and, so help me, the hackers try and bring us back down. Anyway, we've got CloudFlare to bump them off, but it really is irritating that people think they can target you when you are supposedly at a weak point. Fortunately, we've got the best in the business to sort them out. Did you listen to Cyril Ramaphosa last night?

___STEADY_PAYWALL___