Free Trial

Ramaphosa Under Pressure to Ease Restrictions (Wed); First Vaccines Arrive

SOUTH AFRICA

LOCAL NEWS

  • First vaccine shipment arrives this afternoon (1300GMT) - 1m "Covidshield" doses for healthcare workers from the Serum Institute of india, under license from AstraZeneca.
    • Vaccine doses will be stored and tested then rolled out within two weeks. 500k doses expected to arrive later this month
  • Ramphosa under pressure to reduce restrictions from businesses & trade unions ahead of Wednesday's Cabinet meeting which will discuss easing measures including SA's alcohol ban that has cost Govt >R5bn in tax revenue & R1.5bn in new CapEx to SA from AB Inbev as case numbers drop dramatically to ~5,297/day
  • Vets warn against the use of OTC ivermectin drugs which are formulated for use on animals in the treatment of Covid-19 - saying side effects from the wrong formulation & dosage could be severe
  • Absa Manufacturing PMI exp at 50.0 vs 50.3 prior
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.