We’re delighted at the response to our new partnership with Jeremy Maggs. His reborn Maggs on Media show has already regained must-listen status among a loyal target audience – and a growing group outside of it.
When be-masked Jeremy came into the office for his recording yesterday, his first question was whether we’re worried about the just discovered Botswana variant of Covid-19. Having been otherwise occupied, I hadn’t been paying attention. No longer.
Things move at warp speed in this networked world of ours. Although there’s only a couple dozen locally confirmed cases, alarm bells are ringing. Last night the UK government put SA and five neighbours back onto its Red List (see below). From noon today there’s no more flights to or from the UK.
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It puts a spanner into the slowly recovering works of SA’s tourism sector. So once again, coastal resorts and the Mother City will have to make do without December’s once annual flood of British sun-seekers. And those who jumped back into hospitality shares will have to exercise deep breathing. Again.
More for you to read today:
* From the WSJ: South Africa Raises Alarm Over New Coronavirus Variant. Government to consider new restrictions to contain fast-spreading strain; WHO calls urgent meeting to discuss
* Three Metros do not a summer make. Jeremy Gordin writes on the meaning of the DA’s surprise victories in the mayoral elections.
*Â What Inflation? Small Investors Keep Piling Into Flashy Growth Stocks. AMD, Nvidia and Apple still hold appeal for many, even as potentially higher interest rates prompt defensive moves by Wall Street pros.
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