Free Trial

Ramaphosa Extends Level 4 Lockdown, TERS Programme as Businesses Feel the Pinch

SOUTH AFRICA

LOCAL NEWS

  • As broadly expected, SA extends level 4 restrictions for 14 days with cases reaching 26k/day over the weekend.
    • Ramaphosa also said govt would resume the TERS support programme and publish details of the extension shortly.
    • On the vaccine front, he said Govt was working on acquiring the SinoVac vaccine to bolster the slow domestic vaccination programme that has seen just 4.2m jabs administered for a 60m population.
    • Said, however, that 17m J&J doses would arrive in the next three months
  • Constitutional Court to deliver judgement on Zuma's recission application today on his 15-month sentence for contempt of court.
    • Zuma argues that health concerns are among the key reasons for the application
  • KZN police say they remain on high alert after rioting, violence and looting broke out in the province and Gauteng over the weekend following the arrest of Jacob Zuma.
    • Ramaphosa warned that further criminal activity would be met with the full force of the law.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.